Global Trends Review

– According to rough estimations published by ITTO, log imports from the North America to Japan in 2015 were 2.444 million m3, 19.8% less than in 2014, which is the second annual decline in a row. Based on...

– The decline in Canada’s sawnwood exports to China has turned sawmills to look for alternative export markets. Possible candidates to make up for the weak low-grade lumber market in China are South Korea, Japan, India and other...

– In 2014, the DIY/home improvement world market turnover reached €424.85 bn. According to Fordaq quoting a report from the European Federation of DIY manufacturers (Fediyma), North America, with €269.6 bn, represents more than 63% of the world...

– UK’s forestry, wood and wood products sector is picking up after five years of low demand and little expansion, according to the UK Timber Trade Federation Statistical Review. A 10% rise in UK timber and panel products...

– In September, Canadian lumber production increased 5.2% from August up to 5563.5 thousand cubic metres. – In the upcoming years, Danzer will invest approximately €15 million in technologies to increase resource efficiency in hardwood production. Danzer plants...

– The consensus at the International Softwood Conference was that the industry is still dealing with the consequences of global recession in many areas. The international speaker line-up at the recent Amsterdam event highlighted different countries emerging from...

– Södra Wood is going to open sales offices and subsidiaries in the US and China. The Chinese office will be headquartered in Shanghai, the American one – in the southeastern part of the country. – Swedish family-run...

– Market situation leads to downtimes at the Swedish lumber mills. Jarl Timber (a part of Norvik Timber) will cut sawn timber production at its plant in Broakulla from two shifts to one. The mill’s capacity is 110,000...

– A Chinese company plans to invest $250 million to build a massive wood-processing plant in New Zealand. Fenglin Wood Industry Group, based in Nanning, has already been carrying out a feasibility study on building and operating a...

– After adjusting production at its spruce sawmills in Finland, Metsä Wood will start statutory employee negotiations to adjust also pine lumber production due to oversupply and price competition. – European lumber exports to Japan in the first...

– According to a representative from one of the main redwood markets in Beijing, some 12 stores selling redwood products have closed and only 2 remained open as of the end of July. The future for solid wood...

– Poland has expressed interest in selling the state-owned plywood manufacturer Sklejka Orzechowo SA (formerly OZPS), Fordaq reported. It is one of the last domestic timber enterprises fully owned by the State Treasury. The privatization process is associated...