Market Analysis

Finnish domestic resources could easily replace Russian wood

Although the Ukrainian war has stopped importing wood from Russia, Finland can be relatively at ease. All the wood needed [...]

UK timber industry advised to cease trading with Russia and Belarus

    With the invasion of Ukraine ongoing, Timber Development UK (TDUK) is advising all members to cease [...]

Many uncertainties for the Swedish forest industry in 2022

    2021 was a strong year for the Swedish forest industry with production records, strong demand and [...]

Impact of sanctions on the Russian forest industry

    Russia is home to one-fifth of the world’s forest and further exploiting this resource [...]

Supply problems for the Polish timber industry due to war in Ukraine

Cutting off supplies of wooden semi-finished products from Ukraine and Russia may be a problem for some of the [...]

UPM suspends purchasing of wood in and from Russia; ceases operations at Chudovo plywood mill

    UPM will suspend purchasing of wood in and from Russia as well as the UPM Chudovo [...]

War in Ukraine causes softwood supply pressure

    Last year, Ukraine exported more than 2.7 million m3 of sawn softwood timber, a significant [...]

BSW Group stops purchasing Russian raw material

    BSW Group has decided to stop purchasing any raw material which originates from Russia due to [...]

War in Ukraine is having a strong impact on the Swedish forest sector

    Russia's invasion of Ukraine could lead to serious consequences for the world economy and could [...]

Russia-Ukraine war aggravated already rising N. American lumber prices

    North American umber prices are continuing to surge amid Russia's invasion of Ukraine, and traders [...]