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Global Trends Review

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

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 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

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

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

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%...

Kai Merivuori, Managing Director of the Finnish Sawmills Association: «Currently all are making red figures. Thus, production curtailments can be expected»

October 17, 2019 ` 12:23  
WhatWood talked to Kai Merivuori, Managing Director of the Finnish Sawmills Association, about the current state of the Finnish sawmilling industry, global sawn timber markets, and expected changes. In 2018, sawn timber prices on the global markets, especially...

Russian Timber Journal 09-2019: Managing Director of the Finnish Sawmills Association Kai Merivuori about falling sawn timber prices; annual Russian Forest Industry Review; the Russian government cuts transport subsidies for the timber industry; Sergey Anoprienko appointed as a new head of the Federal Forestry Agency

Russian Timber Journal 09-2019: Managing Director of the Finnish Sawmills Association  Kai Merivuori: “All markers are in the red zone. We can expect a reduction in production”; Russian Forest Industry Review, 2018-2019: peak forest products prices in 2018,...

Russian Timber Journal 08-2019: Russian economy slows down; Rosleskhoz published data on timber harvesting by regions; The Far East is cutting log exports at a record pace

Russian Timber Journal 08-2019: In the 1 H 2019, the growth rate of the Russian economy slowed down; for 5 months 2019, the European Union reduced the volume of wood pellet imports; Rosleskhoz published data on timber harvesting...

Japan: «The plywood market is undergoing major changes»

August 8, 2019 ` 12:30  
There are major changes taking place in Japan’s plywood importing sector brought on by falling production in Sarawak and to log supply issues in Indonesia, ITTO reports. The volume of May plywood imports dropped a massive 37% year...