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.
Timber trading volume at SPIMEX has exceeded 1 million m³ since the start of 2024
May 16, 2024 ` 17:06
This performance is 34% better than over the same period last year in physical terms, 94% better in monetary terms, and 29% better by the number of signed contracts, as reported by the press office of the Saint-Petersburg... 
A shortage of high-quality raw material for plywood may emerge in the Russian market because of the risk of increased birch logs and veneer export to China
May 16, 2024 ` 16:59
Over the past years, Russian export of birch veneer (semi-finished goods used for plywood production and furniture board facing; essentially a low value-added product) has increased significantly. Just like with birch roundwood, the biggest buyer is China. For... 
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... 
In 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t
April 18, 2024 ` 18:21
By the end of 2024, Ilim Group intends to supply up to 550,000 t of premium cardboard (wood-free kraftliner) to the PRC market, as reported by TASS referencing Alexey Lomko, the Group’s CEO. In 2023, Ilim Group’s export... 
Japan imposes a ban on exports of woodworking equipment to Russia
April 16, 2024 ` 15:36
Japan has imposed additional sanctions on Russia, prohibiting the export of 164 types of goods, according to the Ministry of Economy. The list includes woodworking equipment. 
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... 
WhatWood: Positive trends of improving prospects for Russian sawn timber exporters emerge in the Chinese market
March 26, 2024 ` 16:58
Firstly, the stock of imported sawn timber in China’s major sea ports has been continuously declining for 6 consecutive months. Secondly, industry sources in the port of Taicang report that in January 2024, the daily sales of sawn... 
90% of Russian sawn timber is sold in two markets—the domestic and the Chinese
March 19, 2024 ` 19:36
Nowadays, Russia is probably a unique case in the global market of sawn timber. Russian Sawn Timber Market, a monthly price review by WhatWood, reports that, on the one hand, the country is separated from the cash-flush European... 
VLP Group opened a new production site of planed goods at Kharovsklesprom
March 19, 2024 ` 19:33
The new shop is designed for making planed structural sawn timber with preset parameters for a specific buyer. The investment value was 63 million rubles. The production capacity is 30,000 m³ of planed goods per year. 
In 2023, VLP Group harvested 1.3 million m³ of roundwood
March 18, 2024 ` 19:32
“Harvesting is currently in progress in 10 districts of the Vologda Region, in the Ustyansky District of the Arkhangelsk Region, in the Chukhlomskoy District of the Kostroma Region, and in the Malovishersky District of the Novgorod Region. Last... 
Alexander Shangin has been appointed CEO of VLP Group
March 18, 2024 ` 19:30
He previously held this office from January 2022 through January 2023. 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.
