Africa Archives - Global Wood Markets Info

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

June 9, 2022

EU tropical wood import value at highest level for a decade

In the first three months of this year, the value of EU imports of tropical wood and wooden furniture was [...]

June 2, 2022

Homann Holzwerkstoffe acquires stake in Egyptian wood-based panel producer

Homann Holzwerkstoffe GmbH acquired a qualified minority stake in wood-based panel producer Nile Wood SAE, based in Sadat, Egypt [...]

May 19, 2022

Moody’s: Negative outlook for the forest products industry in the next 12 months

According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next [...]

May 4, 2022

Near-term outlook of China’s logs and lumber imports market uncertain

Can Russia quickly expand its lumber exports to China? Same as last year, there are still [...]

April 4, 2022

Sanctions against Russian exports to permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions [...]

March 29, 2022

COVID outbreaks bite at Chinese ports, threatening global supply chains

The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing [...]

March 21, 2022

War in Ukraine and its current effects for the global timber market

Trade with Ukraine has considerably reduced following the martial law in Ukraine and the mobilization of men. For sites that [...]

March 17, 2022

China: Sharp rise in prices for imported softwood lumber

According to data from China’s Customs 2021 lumber imports totaled 28.84 million cubic meters valued at US$7 [...]

March 16, 2022

EU’s deforestation-free regulatory proposal sparks intense debate

Intense negotiations are ongoing as the draft EU law on "deforestation-free" and "forest degradation-free" products, published by the [...]

March 7, 2022

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