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Global Trends Review

Major trends of the week in the world’s forest industry.

Global timber market review #22/23-2016

December 31, 2016 ` 22:21  
– Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...

Global timber market review #21-2016

December 31, 2016 ` 15:48  
– In the first three quarters of 2016, log imports through Taicang Port, China, totalled 6.51 million m3 valued at $920 million, ITTO reported. Of the total, the value of log imports from Russia through Taicang Port soared...

Global timber market review #20-2016

November 22, 2016 ` 02:40  
– According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...

Global timber market review #19-2016

October 28, 2016 ` 00:28  
– In July 2016, seasonally adjusted production in the construction sector increased by 3.1% in the Euro area and by 1.0% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In...

Global timber market review #18-2016

October 17, 2016 ` 18:08  
– Austria-based timber group Binderholz is positioning itself to make greater inroads in the UK’s sawn and planed softwood market following the formation of a new UK division, TTJ reported. The company is looking to sell the products...

Global timber market review #17-2016

October 3, 2016 ` 11:18  
– Despite many talks regarding the renewal of the softwood lumber agreement between the US and Canada, the two sides aren’t close enough on numerous key issues. Martin Moen, the Canadian chief negotiator in the softwood lumber talks...

Global timber market review #16-2016

September 18, 2016 ` 21:40  
– Finland’s export volume of sawn timber grew by 15% in January-June 2016, Fordaq reported. The export value totalled EUR 650m. Managing Director of Finnish Sawmills association, Kai Merivuori, says the profitability of the sawmill industry in Finland...

Global timber market review #14-15-2016

September 6, 2016 ` 02:37  
– The global engineered wood products market will be driven by demand for cost-effective and environmentally friendly wood products all through 2020 and will grow at a CAGR of more than 26%, as said in the report prepared...

Global timber market review #13-2016

July 21, 2016 ` 21:55  
– China Wood Importers Committee organized a delegation of wood importers to mid-west China to visit ports and manufacturers. The steady development of the economy in mid-western cities in China and the possibility of supply shortage after the...

Global timber market review #12-2016

July 10, 2016 ` 12:46  
– After the excellent annual result in 2015 with an increase of 10.9% and in total over 100m EPAL pallets, 73.6m of which were newly produced EPAL Euro pallets, the upward trend is continuing in the first quarter...

Global timber market review #11-2016

June 23, 2016 ` 07:27  
– Latest EU import data shows that tropical plywood has continued to lose share in the EU plywood market over the last two years, ITTO reported. Tropical hardwood faced plywood has lost share mainly to Chinese plywood faced...