Forestry

  • Market Prices
  • March 27, 2024 15:28

Finnish pulpwood prices increase 3-5 percent in February

In standing sales, prices for industrial wood in Finland continued to rise in February. Average prices for pulpwood rose by 3-5% by species, while prices for logs rose by up to 2%... [more...]

  • Forestry
  • March 25, 2024 12:24

EU27 tropical wood imports below historically low pre- COVID level

In 2023, the EU27 imported 1.59 million tonnes of tropical wood and wood furniture products with a total value of US$3.18 billion, respectively 18% and 27% less than the previous year. ... [more...]

  • Forestry
  • March 25, 2024 12:23

Rapid development of China /Russia timber supply chain

A cooperation agreement has been agreed between the Timber Industry Association in Suifenhe City, Heilongjiang Province and the Federation of Timber Industries and Exporters in Primorsky Krai, Russia.... [more...]

  • Forestry
  • March 21, 2024 14:54

EU imports of tropical sawnwood declined 16% in 2023

The EU27 imported 848,000 cubic metres of tropical sawnwood in 2023, 16% less than the previous year. Import value of this commodity was US$782 million in 2023, 14% less than in 2022.... [more...]

  • Forestry
  • March 19, 2024 11:40

Acadian Timber buys timberland in Canada

Acadian Timber Corp. has closed on the acquisition of approximately 16,000 acres of commercial-quality timberlands in New Brunswick, Canada, ... [more...]

  • Forestry
  • March 19, 2024 11:40

Western Forest Products announces two-week sawmill shutdown in BC

Western Forest Products has informed sawmill workers at its Chemainus site of an upcoming shutdown due to market conditions and log availability.... [more...]

  • Forestry
  • March 18, 2024 12:21

EU economic expansion comes to an abrupt end in 2023

The challenges facing the European economy are highlighted in EU’s Winter 2024 Economic Forecast published on 15 February. This indicates that GDP expanded by only 0.5% in both the EU and the euro area during 2023. Growth of only 0.9% is now projected in the EU and 0.8% in the euro area in 2024.... [more...]

  • Forestry
  • March 18, 2024 10:31

Vietnam: Wood product exports recovering but bottlenecks remain

According to data from the Vietnam's Department of Forestry (Ministry of Agriculture and Rural Development) in the first 2 months of 2024, the export value of wood and forest products is estimated to have reached US$2,68 billion, an increase of 47% over the same period last year.According to data from the Vietnam's Department of Forestry (Ministry of Agriculture and Rural Development) in the first 2 months of 2024, the export value of wood and forest products is estimated to have reached US$2,68 billion, an increase of 47% over the same period last year.... [more...]

  • Forestry
  • March 14, 2024 13:07

Dubai WoodShow achieves remarkable success

The 20th edition of the Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), achieved remarkable success this year as it arranged an eventful show. It attracted 14581 visitors from various countries worldwide, reaffirming its importance and leadership position in the region’s wood industry.... [more...]

  • Forestry
  • March 14, 2024 12:54

Vietnam's wood industry aims to export 15.2 billion USD in 2024

Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year, an increase from the 14.47 billion USD last year which was down 15.4% from 2022.... [more...]

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