Tag: Russia

Roslesinforg: timber harvesting in Russia decreased by 4.5% in 1H 2022

According to Roslesinforg, the volume of timber harvesting in Russia following the results of the 1H 2022 decreased by 4.5% YoY to 100.3 million m³. Positive dynamics was recorded only in the Central and Ural federal districts —...

Russian timber harvest increased by 3.7% in 2021

Federal Forestry Agency (Rosleskhoz) published timber harvesting data for all regions of the Russian Federation for 2021. At year-end, timber harvested in Russia increased by 3.7% YoY and totaled 225 million m³. The Kostroma region has been remaining...

IKEA liquidates the company operating its stores in Russia

IKEA, a chain of stores offering home goods, has decided to liquidate IKEA Dom, a company operating its stores in Russia. The legal entity filed an application for liquidation with the Federal Tax Service on August 15, as...

UK detects Russian origin of imported Chinese plywood

Timber Development UK (TDUK), has issued a trade alert urging vigilance to ensure no plywood offered by Asian manufacturers to UK importers contains birch originating in Russia. TDUK note that a worrying development has emerged in recent weeks...

In January-July 2022, sawn timber production in Russia decreased by 4.8%

According to Rosstat, the production of Russian sawn timber in January-July decreased by 4.8% YoY to 17.8 million m³. In July, sawn timber production continues to decline: -13.3% YoY, -6.4 MoM.

In July 2022, Russian plywood production fell by more than 40%

According to Rosstat, in July 2022, Russia reduced plywood production by 42.4% YoY, producing just over 220,000 m³. In January-July 2022, Russian plywood production decreased by 20.9% YoY to 2.12 million m³.

US hardwood plywood imports continue downward

US imports of hardwood plywood fell for a third straight month, declining by 9% in June, ITTO reports. The 296,900 m³ imported was the lowest volume month of the year and was 2.3% less than the previous June. Imports...

Mondi sells Mondi Syktyvkar for €1.5 billion

Mondi PLC announced it had entered into an agreement to sell Syktyvkar mill, its most significant facility in Russia, for around €1.5 billion. The disposal is conditional on the approval of the Russian government. The deal is also...

Timber harvesting in Russia increased by 3.7% in 2021

According to Rosleskhoz, in 2021, timber harvesting in Russia increased by 3.7% YoY to 225 million m³. Almost a third of all harvested timber in 2021 came from the Siberian Federal District.

Russia has sharply increased the import of Turkish furniture

Russia is increasing imports of furniture from Turkey. The import of these products for the first six months of 2022 increased by 88.1% and reached $65 million. At the same time, according to the Anadolu agency, experts believe...

Tetra Pak to exit Russia

Tetra Pak today announced that it will be exiting its remaining operations in Russia. This is due to the cumulative impact of the restrictions on exports to Russia leading to an unsustainable supply chain, as a result of...

Raute’s profitability has been negatively impacted from scaling down the deliveries to Russia during H1 2022

Raute’s net sales volume in Russia in 1H 2022 almost halved to €16.1 million (1H 2021 — €31.6 million). The share of the Russian market in total net sales for the reporting period decreased from 53% to 23%....