Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood construction / Wood Products / Wood-based panels / Global / Russia
July 3, 2018
The Russian timber sector is in buoyant mood
The Russian timber sector is in buoyant mood and increasing capacity, including in wood-based construction, after a robust performance in 2017. In 2017 Russia GDP grew 1.5%, successfully taking the country out of economic recession. The woodworking industries were part of this success, contributing 1.9% to GDP, with the sawmill sector achieving 2.2% growth and its further expansion reflected in a 60.7% increase in production and processing equipment imports. Sawlog production rose 4% to reach 79 million m3, while exports contracted 1.5% to 11 million m3 ...
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