Europe

Nordic forestry giants feel the impact of Covid-19 on 2020 results

    Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have felt the impact of the [...]

Finland’s forest industry exports fall sharply in Jan.-Nov. 2020

In January-November Finland's wood imports totalled 11.56 million cubic metres and increased by seven per cent compared [...]

Global furniture consumption is estimated to decrease by -10% in 2020

Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]

Prices of imported lumber at main Chinese timber distribution markets in January 2021

    This index contains the latest update (January 2021) for prices of lumber from three major timber [...]

Strong demand in UK but freight problems lead to shortages and rising timber prices

A positive factor for the UK timber trade in 2020 was that the initial downturn in construction sector activity, which [...]

UPM plans to close a sawmill in Finland

    Finnish forest industry giant UPM sawmill supply chain will be streamlined, one production line will be [...]

World’s largest wood flooring factory to be build in Croatia

In October 2020, Pervanovo Invest AB, the parent company of the group of companies that includes Välinge Innovation and [...]

West Fraser completed acquisition of Norbord

    West Fraser Timber Co. Ltd. shares closed 4% higher Monday (up $3.24 per share) on [...]

Container shortage impacting prices of timber imports in China

The availability of shipping containers and disruptions to shipping schedules is impacting the flow of Chinese wood product imports.  [...]

German timber trade largely affected by the second lockdown

The second lockdown from December means considerable cuts for the timber retail trade and for many companies sales losses of [...]