Timber industry research & analytics 
World Forest Sector during the Pandemic: Poland
May 8, 2020 ` 15:19
The coronavirus pandemic may cause the collapse of Polish furniture manufacturers, which face many production curtailments. The five main Polish furniture manufacturers estimate that the economic risk would be equivalent to two points of GDP, and asks that...
World Forest Sector during the Pandemic: China
May 6, 2020 ` 12:18
According to the figures provided by the National Bureau of Statistics of China (NBS), the Purchasing Managers’ Index (PMI) in the manufacturing sector of China rose from a record low of 35.7 in February to 52 in March....
Impact of Covid 19 on timber markets: Italy
May 5, 2020 ` 11:50
To cope with COVID-19, the country is going to allocate up to 20% of its GDP. With the quarantine, some furniture companies (Molteni, Poliform) cut back production. Natuzzi has also slowed down its operations and is looking for...
Japan: the decline to a slower pace of housing construction
May 4, 2020 ` 14:42
Corona virus disrupts supply chain Japanese house builders are having shortage of housing materials since many are supplied from China and the supply is disrupted by wide spread of corona virus disease in China, reports ITTO. Since workers...
Russian Timber Journal 03-2020: how the spread of coronavirus (COVID-19) affects operations of world timber companies; the Russian Government to slash duties on pulpwood of Far Eastern species to zero and increase export quotas by the end of 2020; Russian Forest Industry Review 2019-2020
April 13, 2020 ` 13:28
Russian Timber Journal 03-2020: coronavirus infection was recorded in many countries of the world, the development of the situation showed that COVID-19 has a direct impact on all areas of the economy, including the timber industry — forest...
Metsä Group’s sales drop in Q1 2020
April 29, 2020 ` 16:45
According to the official website of the Metsa Group, in the first quarter of 2020, sales amounted to EUR 1.253 billion, which is 12.9% less than a year earlier. Operating profit for the reporting period decreased by 66.7%...
World Forests during the Pandemic: USA and Canada
April 29, 2020 ` 14:19
The Canadian Government has announced that it would allocate CAD$82 billion (equal to 3% of its GDP) to support the economy. The measures announced provide for up to CAD$27 billion in direct support to Canadian employees and businesses...
World Forests during the Pandemic: Germany
April 27, 2020 ` 15:43
Germany is going to give substantial help to its economy: the total fiscal measures declared by the authorities are worth €1.3 trillion (which is 37% of its GDP). Funds will be directed to help small businesses: all enterprises...
Russian Timber Journal 02-2020: Russia: wood pellet exports grew by 28% and totaled almost 2 million tons in 2019; the Russian Government to consider the creation of a separate forest ministry in Russia; abnormal temperature undermined harvesting enterprises of the Leningrad region; the Ministry of Industry and Trade is agreeing on the ban on government purchases of foreign furniture with other departments
March 16, 2020 ` 15:40
Russian Timber Journal 02-2020: In 2019, wood pellet exports from Russia showed the highest growth pace among all export-oriented forest products; Mikhail Mishustin instructed the Government to consider the creation of a separate forest ministry in Russia; the...
Russian Timber Journal 01-2020: Russia: the strongest decline in exports of logs since 2008 continues; In 2019, exports of sawn timber from Russia to China exceeded 20 million m3; Uranium One Expands Geography of Wood Pellets Sales; Vietnam bans import of Chinese plywood
February 14, 2020 ` 20:06
Russian Timber Journal 01-2020: Primary data on forest products production in 2019 shows a growth in the production of mechanically processed wood products amidst a decline in the pulp and paper industry by almost any measure. Russia continues...
Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook for the global paper and forest products industry remains negative
February 3, 2020 ` 10:53
Russian Timber Journal 12-2019: in 2019, plywood production in Russia showed a positive trend; U.S. and China reach “phase one” trade deal; WRQ: Q3’19 global softwood lumber trade on track to be higher than 2018; Moody’s 2020 outlook...
Russian Timber Journal 10-2019: Top 100 Russian timber industry companies in 2018: the highest total revenue in recent history; Russian Government can introduce export customs duties on sawn timber; about 70% of China’s wood processing mills can be closed; Segezha Group to invest over 500 million rubles in timber harvesting in Siberia and Arkhangelsk Region
November 18, 2019 ` 11:31
Russian Timber Journal 10-2019: WhatWood Timber Industry Analytics Agency has prepared a fresh annual ranking of the 100 largest timber companies in Russia. Their combined revenue in 2018 totaled 1.16 trillion rubles, which at current prices is 26%...
