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Global Trends

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia.    The group said its retail [...]

Russian timber industry is looking for ways to export through Belarus and Turkey

Russian lumber companies, forced to halt exports to the EU due to sanctions, doubled supplies to China and Kazakhstan in [...]

Significant progress in the European parquet market; outlook uncertain

The European parquet market progressed significantly in 2021 and reached level not seen since 10 years While an increase in [...]

German woodworking machinery industry with record level of demand

The gap between global demand and the production of woodworking machinery is widening.    In the first [...]

Top global softwood lumber producers

In 2021, the 25 biggest softwood sawmills in the world produced more than 85 million m³ of lumber, which corresponds [...]

Decreasing US softwood lumber imports as shipments from Canada fall

From January to April, US import volumes fell by nearly 7% or 860,000 m³. This is the result of [...]

Stora Enso has full order books; result for 2022 is expected to be better than last year

Development in the company's main markets has remained strong.    Stora Enso has issued a positive [...]

Lithuania plans timber export ban as sanctions cause raw material shortage

Due to the export of Lithuanian timber, the local industry is experiencing an increasing shortage and price of raw materials [...]

Boise Cascade to acquire Coastal Plywood Company for $512 million

Boise Cascade has reached an agreement to acquire Coastal Plywood Company, including its two manufacturing locations, from Coastal Forest Resources [...]

N. American lumber prices sink further as homebuyers lose affordability

   North American lumber prices are spiraling as red-hot house prices and the rising cost of mortgages is [...]