HS Code:
Glue-laminated timber (glulam), classified under HS Code 4418.81, is a type of engineered wood product made by bonding layers of lumber with adhesives under high pressure. It is widely used in construction for beams, columns, and other structural components due to its strength, versatility, and aesthetic appeal. Glulam is favored for its ability to span long distances and its sustainability as a renewable resource.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
18% of total trade of total trade
Increasing
USD 400 million
16% of total trade of total trade
Stable
USD 350 million
14% of total trade of total trade
Increasing
USD 300 million
12% of total trade of total trade
Increasing
USD 250 million
10% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-Canada CETA)
Growing demand for sustainable construction materials
Increased adoption of glulam in green building projects, driving export growth in timber-rich regions like Scandinavia and North America.
2021-2023
Technological advancements in adhesive and manufacturing processes
Improved product quality and cost-efficiency, leading to wider application in commercial and residential construction.
2020-2022
Rising competition from cross-laminated timber (CLT)
Potential market share loss for glulam in certain structural applications, particularly in high-rise timber construction.
2022-2023
The EU Green Deal has introduced stricter regulations on timber imports to combat deforestation, requiring exporters to provide detailed sustainability certifications.
March 2023
Increased compliance costs for non-EU exporters but potential market advantage for certified producers.
Negotiations between the US and Canada have led to temporary reductions in tariffs on engineered wood products, including glulam, to stabilize supply chains.
July 2023
Boosted Canadian glulam exports to the US, a key market for construction materials.
Rapid urbanization in countries like China and India has spurred demand for engineered wood products, including glulam, for infrastructure projects.
September 2023
Opened new export opportunities for European and North American producers despite logistical challenges.