2015 revealed that there was a significant increase of imports of tropical sawn hardwoods into the European Union. It was not only the volume of landed product that increased, but the value. This has been attributed by industry analysts to the Euro being weaker than US dollar.
While on the face of it this is good news, it is argued that import levels of cubic metres are still well below those from before the global financial crisis, the market share is just below that of 2008.
The volume of imports, although increasing, are still sluggish compared with those of temperate sawn hardwoods.