U.S. Imports Of Hardwood Plywood Grow By 12% In Value—Volume Stays Flat

In the second half of 2022, U.S. imports of hardwood plywood slowed dramatically from the torrid pace in the first half of the year. In the first six months of 2022, imports soared by 77% in value and 37% in volume; the year ended with total growth of 12% in value, to about $2.1 billion, and a decline of 0.3% in volume. Imports from Russia fell by 34% in volume. Imports from Vietnam slowed, ending the year up by 14% in volume after starting the first half up by 93%.

 

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DHA eNews - Cabinet Importer Evaded Duties, Says U.S. Customs

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVI, Issue III: Plywood Coalition Rebuts Importers On Vietnam Circumvention | Cabinet Importer Evaded Duties, Says U.S.

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Forest Quiz: Test Your Knowledge

How old is the oldest tree in eastern North America and what species is it?

 

Answer:  A bald cypress in North Carolina is 2,624 years old.

Resource:

Mongabay: At 2,624 years, a bald cypress is oldest known living tree in eastern North America

 

Photo © Lago Mar

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OSHA Takes Action On Combustible Dust

OSHA has revised its National Emphasis Program on combustible dust to include cut stock, resawed lumber, and planing. The purpose of the revised emphasis program is to continue OSHA inspections of facilities that generate or handle combustible dusts likely to cause fires and explosions.

 

Resources:

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Expect Hardwood Plywood To Grow Fastest As Global Plywood Market Reaches $73.3B

Experts predict that the global plywood market will reach $73.3 billion by 2027, with 58.3% of worldwide growth coming from China, India, the U.S., and Indonesia. They expect the fastest growth from hardwood plywood.

 

Resource:

Woodworking Network: Plywood market to reach $73.3 billion by 2027

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