Timber industry research & analytics News 
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
The furniture and wood-based panels sectors are one of the most affected of the Russian timber industry during the COVID-19 period
May 25, 2020 ` 16:38
It appears that the most affected sectors of the timber industry remain to be the production of furniture and wood-based panels. Diminution in demand for furniture, interior design items, and finishes is forcing Russian producers of particleboards, MDF,... 
In Q1 2020 “Lesosibirsky LDK No. 1” (part of the Segezha Group) produced 136,800 m3 of sawn timber
May 22, 2020 ` 17:47
This was a record for the last five years. Sawmill increased production by 135% from 1Q 2015 (57,900 thousand m3). 1Q 2020, the company delivered 235,400 m3 of raw materials (+ 43% yoy) to the plant through the... 
Structure of investment in the Russian forest-industry sector in 2019
May 22, 2020 ` 17:24
Starting from 2017, investments in the logging industry have been declining for the third year in a row. In 2019, the decline was 12% (yoy). up to 13.47 billion rubles. If in the year of 2018 logging companies... 
Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)
May 22, 2020 ` 15:52
Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved... 
Russia: sawn timber exports is falling at the high rates over the past 5 years
May 21, 2020 ` 11:14
According to customs statistics, in 1Q 2020 the decline in sawn timber exports amounted to 7.7% to 6.83 million m³. The reason was the decrease in consumption in the Chinese market due to the restrictions introduced, against the... 
Russia has been increasing plywood exports at the fastest pace since 2016
May 21, 2020 ` 11:10
According to customs statistics, in 1Q 2020, plywood exports increased by 11.4% to 735,300 m³. This rise is caused by the desire of producers to supply plywood in foreign markets due to subsidence in demand in the domestic... 
The Russian government is considering the creation of a forestry state corporation
May 20, 2020 ` 15:46
The structure can be created in the form of a public law company based on the Decree of the President. The main functions that can be assigned to the new structure: implementation of forestry activities; implementation of measures... 
ULK Group launched a new wood pellet plant in Pestovo
May 20, 2020 ` 14:32
The plant’s production capacity is 60 thousand tons of wood pellets per year. A total wood pellets capacities of ULK Group, now is 300,000 tons per year. The opening was attended by Governor of the Novgorod Region Andrei... 
In 1Q 2020, China’s plywood exports fell 85%
May 20, 2020 ` 13:02
According to China Customs, in 1Q 2020, China’s plywood exports were 1.85 million m³ valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019. The main markets for plywood exports in... 
Trend in revenue decline of major timber industry players
May 19, 2020 ` 13:26
Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also... 
The situation on the forest products market in 2019 – 1Q 2020 in Russia and the world
May 18, 2020 ` 17:39
In 2019 slowdown in the global economy, geopolitical tensions have pulled a decline in demand for forest products. Prices for most forest products remained at low bases. Only to 1Q 2020, prices on world markets for pulp, plywood,... 
Maersk predicts a 25% drop in maritime freight traffic in Q2 2020
May 16, 2020 ` 15:26
According to Maersk company report global container trade declined by 4.7% in Q1 2020, primarily due to the COVID-19 pandemic that impacted both the supply chain and demand. Container demand is expected to weaken further in 2020, particular... About WhatWood project
WhatWood agency is the only Russian consulting company with core specialization in the timber industry analytics. Within five years of timber market research we have provided services to 130 clients in 15 countries from Finland to Canada, from UK to Korea: industrial companies, banks, investors, government agencies, scientific organizations, and individual entrepreneurs. We have unique contact and knowledge base, as well as deep understanding of the regional industry and market in Russia. We give presentations at major industry events and are cited by the main Russian business media. To get in touch with us, please visit the About Us page. You can also browse the catalogue of our products.
