Russia sold $50 million worth of plywood to the United States in 2023
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In January–July 2023, Russian timber merchants continued to supply plywood to the United States, despite the protective import duty level of 50% established by the Americans last year. As follows from Lesprom Analytics data, which Vedomosti reviewed, over seven months, 89,000 cubic meters were exported to the States from our country. m. This is 65.9% less compared to the same period in 2022.
In monetary terms, year-on-year deliveries decreased by 76.8% to $52 million. The average export price of supplies to the US market in the first seven months also decreased relative to the same period in 2022 – by 32% to $584/cub. m. Before the imposition of sanctions due to the SVO in Ukraine in 2021, Russia occupied 5th place in terms of plywood supplies to the United States. The country’s share in total imports was 7.4%. In total, in 2021, 568,800 cubic meters were shipped from Russia to the American market. m of plywood for $361.3 million at an average price of $635/cub. m.
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