Tag: Latvia

Russian Timber Journal 03-2019: volume of timber in Russia has exceeded in 2018 its historical peak; the WhatWood analytical review of the market pellet in Russia; China increased its imports of birch veneer logs; export OSB from Canada doubled; negative outlook Moody’s for the global timber industry complex in 2019-2020

Russian Timber Journal No. 03-2019: the volume of logging in Russia exceeded its historical maximum in 2018; WhatWood Agency conducted a study on the pellet market in Russia; the downward trend in the export of unprocessed round timber...

In 2018, exports of forest products from Finland increased by 5%, and imports – by 34%

In 2018, the value of exports of forest products from Finland amounted to €13,20 billion, +5% yoy, according to Luke. For comparison: according to the calculations of the WhatWood agency, exports of forest products from Russia to 2018 amounted...

Global timber market review #7-2015

– Ukrainian parliament (Verkhovha Rada) has imposed a 10-year ban on unprocessed log exports. – Despite the decline in domestic consumption by 11%, Sweden’s wood pellet production increased by 4% in 2014, mainly due to increased exports. –...

Global Trends Review, November 03-16, 2014: Finnish sawmills scale down output as predicted; Chinese market outlook remains sluggish

Due to the oversaturated lumber market, several Finnish sawmills reduce their outputs, Holzkurier wrote. Metsä Wood, Versowood, Stora Enso and Vapo Timber prepare prolonged winter vacation, temporary layoffs or short-time schedules. The favourable lumber export markets earlier this...

Global Trends Review, August 11-24, 2014: European construction is forecast to grow marginally by 2016; Chinese construction market risks are overblown

Until 2016, growth in construction in Europe is mainly expected for the North and Baltic Sea region. Meanwhile, the unprecedented housing crisis in Southern Europe has at least hit the bottom. This is the forecast published during the...

Global Trends Review, May 19 – June 01, 2014: China’s domestic timber output share remained at 51%; European Q1 timber trade statistics

China’s domestic timber production rose 2% to 83.67 million m3 in 2013, ITTO reported. Timber imports (logs and sawnwood) rose 18% to 79.16 million m3 log equivalent, and the value of China’s timber imports grew 26% to $16.1...

Global Trends Review, March 24 – April 06, 2014: The year in Europe starts with growing construction; China bans logging in Heilongjiang

In January 2014 compared with January 2013, seasonally adjusted production in the construction sector increased by 8.8% in the euro area (EU18) and by 7.3% in the EU28, as Fordaq said quoting Eurostat. The highest increases in production...

Global Trends Review, February 10-23, 2014: EU timber consumption slowly rising; Japanese timber demand prospects are unclear

Consumption of softwood lumber in Europe is slowly increasing from a very low level, according to Fordaq which quotes study by International Forest Industries (IFI) published at woodnet.se. The sharp decline by 32% in past years was mainly...

Global Trends Review, December 02-08, 2013: reports of UNECE, EU Flooring Association and German Pellet Institute published

The UN Economic Commission for Europe (UNECE) announced that the residential construction volume in Europe is expected to fall this year before a slight increase in 2014, TTJ reported. “While a short- or mid-term recovery is unlikely in...

Global Trends Review, October 07-13, 2013: EU lumber prices growing, Japan seems oversaturated, South Korea emerging

According to Fordaq, first-class lumber on ex-works terms in France costs €240-245 in October, second-class squared timber – €187-193, so generally lumber is 1-3% more expensive than in January 2013. The French sawyers doubt whether the upward trend...

Global Trends Review, July 15-21, 2013: sawmillers and pulp makers predict volatile but better market environment in the second half-year

In the construction sector, seasonally adjusted production fell by 0.3% in the Eurozone and by 0.2% in the whole European Union area in May 2013, compared with the previous month, according to first estimates released by Eurostat. With...

Global Trends Review, May 27 – June 02, 2013: Top 20 softwood lumber producers in Europe; sawlog and pulpwood price trends in Q1

Sawlog prices were up in practically all regions in the 1Q/13, but they were still generally lower than they were a year ago, as reported in WRQ report by Wood Resources International. The biggest increases from the previous...