Market Analysis

N. American wood products market expected to rise sharply by 2026

The North American wood products market is forecasted to reach $243.9 billion in 2026, witnessing growth at a CAGR [...]

The capacity utilization rate of Russian timber companies is less than 50%

The sharp drop in Russian timber product exports following the imposition of EU sanctions is not surprising to all parties [...]

Estonia: Softwood log prices continue to fall in Q3/2022

    The ongoing war in Europe and the energy crisis caused by Russia have led to abnormal [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]

Indonesia slows wood product exports to China and US

According to data recently released by the Indonesian Ministry of Environment and Forestry, as of September this year, Indonesia's [...]

Global trade of softwood lumber down 10%

Global trade of softwood lumber fell about 10% in the first half of 2022 compared to the same period in [...]

Housing market gloom puts North American sawmills at risk

A pall in North America’s housing market is slashing demand for lumber and threatening to shut down sawmills in [...]

UK: Uncertain timber market conditions expected in 2023

    The Timber Development UK (TDUK) annual market conference in central London was unequivocal in its message [...]

Western Forest Products sees N. American housing market supporting lumber demand

    Western Forest Products Inc. reported third-quarter results on Thursday. The company sees the fundamentals of [...]

Mood in the German timber industry has improved slightly in October

After a temporary low point at the start of autumn, the mood in the German timber industry improved in October [...]