Furniture
Timur Irtuganov, Director General, AFWIER: “The Russian furniture industry has all of a sudden turned “from a Cinderella into a princess” of the timber industry over the past 10 years”
October 28, 2024 ` 17:21
The Association of Furniture and Woodworking Enterprises of Russia (AFWIER) is a voluntary professional & civil society non-profit organization established in 1997 to consolidate the efforts of overcoming crisis phenomena in the furniture and woodworking industry and creating...
Retail furniture sales in Russia grew by 10% in H1 2024
October 24, 2024 ` 20:51
In H1 2024, the volume of retail furniture sales in Russia rose by 10% YoY, up to almost 250 billion rubles, as reported by Rossiyskaya Gazeta (“Russian Newspaper”) referencing the Association of Furniture and Woodworking Enterprises of Russia....
Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail furniture sales in Russia grew by 10% in H1 2024; Timber trading volume at SPIMEX exceeded 4 million m³; More than 3 million m³ of sawn timber has been exported from the Krasnoyarsk Region since the beginning of 2024; Birch plywood export from the Kirov Region to China increased by 5 times
October 24, 2024 ` 20:38
Russian Timber Journal 07-2024: Interview with Timur Irtuganov, Director General, AFWIER; Slow economic revival in the Russian timber industry is beginning to fade; Russian plywood production grew by 3.9% over 8 months of 2024; Legal liquidation of Baykalsky PPM is completed; Retail...
Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader; Rosleskhoz published final harvesting volumes performance by Russian regions; U.S. nearly doubles duty on Canadian softwood lumber; Sveza purchased Kama PPM; Segezha Group will issue new shares; Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects; new plywood production facilities were commissioned in the Khabarovsk Region; a Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024; furniture production in the Northwestern Federal District grew by over 20% in H1 2024
September 23, 2024 ` 15:58
Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader: “The supply of sawn timber currently exceeds the demand”; Rosleskhoz published final harvesting volumes performance by Russian regions: the Russian timber harvest has been reducing for...
Russian furniture producers faced a growth of component prices
July 23, 2024 ` 10:32
Domestic producers have faced a considerable growth of component prices for furniture production. This problem was discussed by participants of the V All-Russian Conference of Furniture Producers. The event was organized by the Association of Furniture and Woodworking...
Association of Furniture and Woodworking Enterprises of Russia: in Q1 2024, furniture production grew considerably
June 21, 2024 ` 18:58
According to a quick-look estimate by the Association of Furniture and Woodworking Enterprises of Russia, the Russian furniture production volume increased in both monetary and physical terms in Q1 2024: by 24% YoY and 27% YoY, respectively. 17.6...
Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third
June 17, 2024 ` 16:40
Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...
Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
May 2, 2024 ` 15:49
Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...
In 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles
April 18, 2024 ` 18:59
The value of investments in the Russian timber industry reduced by 4.8% in 2023 compared to the record-setting performance of 2022; it amounted to 188.8 billion rubles, which is comparable to the 2021 level, according to Roslesinforg. Over...
Furniture producers from the Kaliningrad Region are requesting to impose a bankruptcy moratorium
March 26, 2024 ` 17:09
The Association of Kaliningrad Furniture Producers filed a request to Anton Alikhanov, Governor of the Kaliningrad Region, to impose a region-wide 1-year moratorium on initiating bankruptcy cases in relation to debtors from the furniture industry. Industry representatives note...
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported timber grew by 12.9% in 2023; VLP Group may purchase Metsä’s timber assets in Russia; Ufa Plywood Mill is listed for sale for 1 billion rubles; In 2023, timber transportation by the Russian Railways network reduced by 9.1%, down to 37.1 million t; As of January 1, 2024, the VAT rate for children’s furniture is reduced from 20% to 10%; Saint Petersburg R&D Institute levied 1.3 billion rubles from IKEA after it refused to build the Mega Shopping Mall
February 20, 2024 ` 19:12
Russian Timber Journal 01-2024: Interview with Russ Taylor, President of the international consulting company Russ Taylor Global; Sawmilling market in Russia in 2023: reducing production volumes for the second consecutive year; Suez Canal traffic down 60%; The volume of transported...
Association of Furniture and Woodworking Enterprises of Russia: furniture production in Russia surged by 33% in 2023, up to 66.7 million pieces
January 22, 2024 ` 22:47
Production of kitchen furniture (tables, cabinets, etc.) soared the most—by 81%. The output increased by 23% YoY in monetary terms, up to 438 billion rubles (it was 356 billion rubles in 2022). Furniture prices in the domestic market...