Market Analysis

BC government to offer aid to forest companies

The British Columbia government is deferring a timber harvesting fee charged to forest companies in an effort to help the [...]

COVID-19: UK hardwood trade suffering from lack of finance and poor margins

    UK hardwood market was not in total lockdown in April, but activity was radically reduced by [...]

IKEA’s sales during pandemic drop by 60%

IKEA store owner Ingka Group, the world’s biggest furniture retailer, aims to start reopening shops in Europe in May [...]

European timber importers freeze orders

    Accurate estimates of the specific effects on timber trade volumes this year will only become apparent [...]

Germany becomes the second supplier of logs to China

China’s log imports in the first two months of 2020 totalled 7.73 million cubic metres valued at US [...]

Top global lumber producing companies in 2019

Top global lumber companies’ production recorded a net decline in 2019. The same 15 companies that made the list in [...]

Estonia: Roundwood prices way lower compared to last year

     In February 2020, roundwood prices in Estonia have dropped sharply as compared to a year ago [...]

Stora Enso, UPM and SCA not yet impacted by the coronavirus pandemic

Forestry giants in Northern Europe, Stora Enso, UPM and SCA, haven't been affected yet by the coronavirus crisis that [...]

Sveza foresees complete stoppage of production in the worst-case scenario of pandemic

The Russian birch plywood producer Sveza said that it expected a reduction in production in 2020: from 20% to a [...]

Impact of pandemic on Ghana’s tropical timber sector

    The economic impact of the coronavirus pandemic and the measures adopted to try and slow its [...]