In 2022, the export value of hardwood from the United States to India reached 8.62 million US dollars
Release date: May 19, 2023 Source: Network
According to data from the Hardwood Export Council (AHEC) of the United States, in 2022, the export of hardwood from the United States to India reached a historic high, with a total export value of 8.62 million US dollars for hardwood sawn timber and veneer.
The value of hardwood sawn timber increased by 13%, reaching 6.92 million US dollars; The direct export value of hardwood veneer is 1.716 million US dollars.
It is understood that in recent years, India’s demand for American hardwood has been continuously increasing. There are mainly 12 American sawn hardwood exporters providing hardwood to India.
Top six American hardwood varieties exported to India in 2022:
Pecan (2581 cubic meters), white oak (3173 cubic meters), red oak (2334 cubic meters), and white wax tree (514 cubic meters). Walnuts (214 cubic meters), maple trees (428 cubic meters)
The increase in demand for hardwood from the United States in India is mainly due to the improvement of certification requirements and the impact of domestic wood quality. According to Roderick Wiles, Regional Director of AHEC, “Indian furniture manufacturers have to find alternative hardwood varieties in the international market for use in the domestic furniture and interior markets, as well as for the re export of value-added products
However, currently it seems that due to the reduction in sawmill production and pest infestation, North American timber production will decrease this year, and India may need to increase imports of hardwood from other places at that time.
