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April 27, 2018
Overview of the Russian wood based products market
The main wood based products in Russia have met a growing demand once with more favorable export markets in 2017. As shown in the 'Russian Forest Based Industries in 2017' report, the turn of the Russian economy from a recession to growth (GDP grew by 1.5%) led to a revival of demand for products aimed at the domestic market.In 2017, Russia sharply increased the import of woodworking machines (+ 60.7%) after a decline in 2016 by 15.6%. This may indicate that the wood processing companies have adapted to the ...
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