Timber industry research & analytics Furniture 
Russian Timber Journal 11-2023: Segezha Group’s financial and operating results for Q1-Q3, 2023 and scenarios for 2024; Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks; Rates of timber harvest decline relative to 2022 are decelerating; Russian plywood production reached 3 million m³ over 11 months of 2023; Construction of a packaging plant worth 19 billion rubles began in the Moscow Region; Ilim Group completed the construction of a pulp-and-cardboard mill
January 15, 2024 ` 10:40
Russian Timber Journal 11-2023: Segezha Group shared its performance over 9 months of 2023, WhatWood quotes the company’s key production and financial performance indicators and presents an adapted management report; According to an estimate by WhatWood, in 2022,...
Russian Timber Journal 10-2023: Interview with Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi; Russia’s wood pellet industry: from a rapid growth to challenging times; US housing starts unexpectedly rise to a six-month high; Russian roundwood price growth accelerated in November; A large particleboard production site is planned in the Penza Region; Russian plywood output increased in October 2023; Komi is planning to double its wood pellet consumption due to boiler houses upgrading
December 27, 2023 ` 15:59
Russian Timber Journal 10-2023: Andrey Krivoshein, Vice President of the Chamber of Commerce and Industry of Komi: “Conversion from fuel oil and coal to biofuel will have a huge synergy effect”; Russia’s wood pellet industry: from a rapid growth to...
Demand for furniture boards exceeded the supply in October
December 18, 2023 ` 20:26
In October 2023, a regular high furniture season came, which coincided with the relatively high demand for furniture boards that had persevered throughout the summer. However, if the demand matched the supply of boards in summer, now the...
Russian furniture output surged
December 5, 2023 ` 19:31
In January—September 2023, the Russian furniture output surged by 27.3% YoY, reaching 46.7 million pieces, as reported by Rossiyskaya Gazeta referencing the Association of Furniture and Woodworking Enterprises of Russia. In September 2023, the furniture output increased by...
Russian Timber Journal 09-2023: Interview with Oleg Fokin, Director for Timber Export at Technonicol; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late 2022, when they reached record highs; Timber products export by trucks to Mongolia and China was allowed for two more years; Segezha Group announces financial and operating results for Q3/2023; Ministry of Industry and Trade suggested cancelling the export duty on pulp and paper products; Russian furniture output surged; Over 9 months of 2023, the Russian roundwood export to EEU countries grew by almost 15%
December 5, 2023 ` 16:51
Russian Timber Journal 09-2023: Oleg Fokin, Director for Timber Export at Technonicol: “Now is a good time to invest in the woodworking industry”; Demand for furniture boards exceeded the supply in October; Global pulp prices have fallen steadily since late...
Association of Furniture and Woodworking Enterprises of Russia: Russian furniture producers replaced IKEA products over the year
October 2, 2023 ` 19:00
Russian furniture producers were able to fully take over IKEA’s share in the Russian market, as reported by Izvestia referencing studies of the Association of Furniture and Woodworking Enterprises of Russia. According to the Association, in 2021, the...
Association of Furniture and Woodworking Enterprises of Russia: In H1 2023, the Russian furniture output increased
September 28, 2023 ` 18:55
Based on the H1 2023 performance, the furniture output in physical terms grew by 8.6% YoY, up to 28.8 million units, as reported by Kommersant referencing data from the Association of Furniture and Woodworking Enterprises of Russia. Particularly...
Russian Timber Journal 07-2023: interview with Segezha Group President Mikhail Shamolin after the announcement of the company’s financial and operating results for Q2 2023; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces agreement to sell Mondi Syktyvkar; transaction on International Paper stake buyout by Russian shareholders is closed; Cherepovets Plywood and Furniture Plant and VLP Group have completed a major investment project on building a plywood mill in the Vologda region; Association of Furniture and Woodworking Enterprises of Russia: in H1 2023, the Russian furniture output increased; President of the Russian Federation instructed to accelerate the issuance of documents for building multi-story wooden houses
September 28, 2023 ` 18:39
Russian Timber Journal 07-2023: Mikhail Shamolin, President at Segezha Group: “The price levels we have now reached reflect the current global situation”; Russian timber industry in 1H 2023: cautious signs of recovery; Mondi announces that it has entered into an...
Association of Furniture and Woodworking Enterprises of Russia: the growth of melamine prices is now under control
August 30, 2023 ` 16:42
On July 6, an inter-agency meeting was held the Ministry of Industry and Trade, initiated by the Association of Furniture and Woodworking Enterprises of Russia and attended by the Department of Light Industry and Forestry Complex, as well...
Ormatek will start producing furniture and mattresses in the Rostov Region
August 28, 2023 ` 16:53
Ormatek, a company producing and selling sleeping goods, is planning to start making mattresses and furniture in the Rostov Region by the fall of 2023, as was announced at the Innoprom Forum in Yekaterinburg. According to the Investment...
Almost every fifth Russian saves money for furniture after buying real estate
August 24, 2023 ` 17:24
According to a study by Yandex.Realty, buying an apartment forces 32% of respondents to start saving money primarily for renovation, 29% begin to think about traveling, and 18% of the surveyed start saving for furniture. For this reason,...
Federation Council suggested introducing prohibitive duties on furniture and paper from unfriendly countries
August 17, 2023 ` 16:29
The Federation Council suggests that the Cabinet of Ministers introduce prohibitive import duties on several types of furniture, paper, and packaging from unfriendly countries, says a draft resolution of the Council on Forest Sector Development Issues of the...
