Ipe U.S. imports down 61% YOY through February

U.S. tropical hardwood lumber imports were down 47% year-over-year through February 2020. Ipe was a major factor in this drop.

In 2019, Ipe accounted for 12.4% of the total U.S. tropical hardwood lumber imports (by volume).

Ipe's share of U.S. tropical hardwood lumber market in 2019 (m3) (1)

 

But in the first two months of 2020, the United States imported just 4,171 cubic meters of Ipe lumber products compared to 10,747 m3 in the first two months of 2019 – a drop of 61.2%.

Ipe lumber product imports (U.S.) Jan-Feb (m3) (6)

 

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