Japan's imports of logs, lumber, plywood set to increase over next 12 months on post-disaster rebuilding

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Importation of logs, lumber and plywood to Japan in 2011 is likely to be at its highest since 2008 because of post-earthquake and tsunami rebuilding, reports... More

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Importation of logs, lumber and plywood to Japan in 2011 is likely to be at its highest since 2008 because of post-earthquake and tsunami rebuilding, reports the WRQ Japan is in urgent need of pre-fabricated houses and manufactured wood products in the aftermath of the earthquake and tsunami that hit the country in early March. Longer term, it can be expected that imports of commodity products such as plywood, lumber and logs will increase to this country, which is already one of the largest importers of wood products in the world, according to the Wood Resource Quarterly Seattle, USA. The earthquake and tsunami that hit Japan on March 11 is first and foremost a humanitarian tragedy that is difficult to comprehend. Over 10,000 people died during and in the immediate aftermath; more than 400,000 people lost their homes and 100-150,000 buildings were destroyed. The re-building of towns, Less