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Market Analysis

Russia: Top 10 wood pellet producing companies

Analysts estimate that currently 10 large wood pellet producers manufacture more than 60 percent of total Russian wood pellet production [...]

Italian woodworking machinery industry falls sharply due to lower exports

The orders for Italian woodworking machines and tools in Q2 2018 decreased 9.9% y-o-y due to orders [...]

European importers discouraged from importing Myanmar teak

Given continuing controversy in the EU over whether Myanmar teak can be traded in compliance with EUTR requirements, importers were [...]

Timber backlogs grow at Douala Port

One factor in the contraction in Cameroon’s EU exports, which started in 2016, cited by a number of EU [...]

U.S. softwood lumber production on the rise, while Candian output falls

U.S. sawmills produced 14.752 billion board ft. (bbf) of softwood lumber in the first five months of 2018 [...]

Downward trend in Latvian sawn softwood exports

Sawn and planed sawn softwood exports from Latvia went down by 15% during the Q1/2018, to 603,000 m3 [...]

China introduces FSC national forest stewardship standard

China launches FSC national forest stewardship standard, reports FSC in its press release. Thus, China is the second country in [...]

EU tropical importers face rising competition for supplies

EU timber traders cited a number of factors shaping tropical import trends. These included intensifying competition for material from Chinese [...]

Growth of Russian sawnwood exports negatively impacted by slowing Chinese demand

In the first quarter of 2018, the supply of sawn softwood from Russia increased by 1.8% (YoY) to 6 [...]