Exports

January 26, 2023

Russia expands sawn timber exports to Africa and the Middle East, due to EU sanctions

In 2022 Russia increased the supply of sawn timber to the countries of the Middle East and North Africa (MENA) by 17.84%. The export volume amounted to 1.2 million m3. In total, Russian timber exporters supplied timber to 15 countries in the region. The most active growth was shown by deliveries to Iran, Iraq, the United Arab Emirates and Jordan. The main volume of exports fell on Iran (379 thousand m3) and the United Arab Emirates (334 thousand m3). The redistribution of supplies is associated with sanctions pressure from the EU states. “Due to the change in logistics routes for entering the foreign markets of Russian lumber, many enterprises had to quickly switch to the countries of the Middle East and North Africa. In 2022, shipments from the MENA countries grew the most in the UAE. The Emirates managed to increase imports by 83% compared to the results of 2021. This... Continue reading →

Indonesia slows wood product exports to China and US

According to data recently released by the Indonesian Ministry of Environment and Forestry, as of September this year, Indonesia's wood products exports reached US$11.07 billion, an increase of 13.1% compared with the same period last year; compared with the total export value of US$13.57 billion in 2021 , the export value in just 9 months has reached 81.6% of last year. Asia Indonesia's timber and wood products are mainly directed for the Asian market, of which China is one of its largest markets. However, under the circumstance of China's implementation of Covid-19 control measures and the continued sluggish market demand, Indonesia's exports of wood and wood products to China have slowed down. Indonesia adjusted its exports of wood and wood products, and then increased exports to Japan and South Korea, two major Asian markets. Data show that as of September this year, Indonesia's... Continue reading →

January 26, 2023

Russia expands sawn timber exports to Africa and the Middle East, due to EU sanctions

In 2022 Russia increased the supply of sawn timber to the countries of the Middle East and North Africa (MENA) by 17.84%. The export volume amounted to 1.2 million m3. In total, Russian timber exporters supplied timber to 15 countries in the region. The most active growth was shown by deliveries to Iran, Iraq, the United Arab Emirates and Jordan. The main volume of exports fell on Iran (379 thousand m3) and the United Arab Emirates (334 thousand m3). The redistribution of supplies is associated with sanctions pressure from the EU states. “Due to the change in logistics routes for entering the foreign markets of Russian lumber, many enterprises had to quickly switch to the countries of the Middle East and North Africa. In 2022, shipments from the MENA countries grew the most in the UAE. The Emirates managed to increase imports by 83% compared to the results of 2021. This... Continue reading →

December 19, 2022

Russian plywood production and exports collapse; new markets in sight

Since the beginning of this year, both domestic production and export growth of plywood in Russia have shown a slowdown. Data show that from January to October, Russia's plywood production reached 2.785 million cubic meters, a year-on-year decrease of 26.7%. Among them, only in October, its plywood production decreased by 37% year-on-year. In terms of a single month, Russia's plywood supply to the international market increased by 13% in September; in October it increased by 2.5%, with exports reaching 117,000 cubic meters. Mainly exported to China, USA and Turkey. Exports to China Let's first look at the export of plywood from Russia to my country this year. Since 2014, plywood exports from Russia to China have maintained an upward trend. In 2020-2021, it shows a downward trend, with a decrease of 6% and 7% respectively. Russian plywood exports have turned around, and the... Continue reading →

January 10, 2023

New Zealand’s export log prices fall due to the impact of exchange rates

In December 2022, the average export log (AWG) price across New Zealand ports has fallen by around NZ$2/JASm3. As the market price of exports to China has remained stable recently, the price of exported logs fell this time, mainly due to the strengthening of the exchange rate of the New Zealand dollar against the US dollar. The New Zealand dollar strengthened significantly in November, which affected New Zealand AWG log prices in December. NZD/USD remains volatile, but the underlying uptrend has stalled over the past few weeks. The PF Olsen Log Price Index fell slightly in December, down $1 from the previous month to $119, $4 below the two-year and five-year averages. At the end of 2022, many factories in New Zealand are on extended year-end holidays compared to past years. In previous years, most forest owners would arrange felling production during this period. This means New... Continue reading →

July 7, 2022

Brazil doubles plywood exports to EU

In June, Brazilian exports of plywood to the European Union jumped 93% year-on-year to 76 thousand m3. The value of exports soared 81% to $33 million. Average price of Brazilia's plywood in the EU decreased 6% to $429 per m3. Brazil replaces plywood supplies to Europe from Russia, which is under the EU sanctions. In April, plywood exports from Russia to the EU fell by 40% compared to the same period last year, and supplies will completely stop from July 10. Brazil decreased exports of plywood to the U.S. by 27% year-on-year to 113 thousand m3 in June. Supplies to Germany increased by 80% to 17 thousand m3, supplies to Italy increased by 41% to 16 thousand m3. Brazil’s exports of plywood amounted to 247 thousand m3 in June 2022, the value of exports totaled $107 million and the average price of plywood was set at $434 per... Continue reading →

January 26, 2023

Russia expands sawn timber exports to Africa and the Middle East, due to EU sanctions

In 2022 Russia increased the supply of sawn timber to the countries of the Middle East and North Africa (MENA) by 17.84%. The export volume amounted to 1.2 million m3. In total, Russian timber exporters supplied timber to 15 countries in the region. The most active growth was shown by deliveries to Iran, Iraq, the United Arab Emirates and Jordan. The main volume of exports fell on Iran (379 thousand m3) and the United Arab Emirates (334 thousand m3). The redistribution of supplies is associated with sanctions pressure from the EU states. “Due to the change in logistics routes for entering the foreign markets of Russian lumber, many enterprises had to quickly switch to the countries of the Middle East and North Africa. In 2022, shipments from the MENA countries grew the most in the UAE. The Emirates managed to increase imports by 83% compared to the results of 2021. This... Continue reading →

January 10, 2023

New Zealand’s export log prices fall due to the impact of exchange rates

In December 2022, the average export log (AWG) price across New Zealand ports has fallen by around NZ$2/JASm3. As the market price of exports to China has remained stable recently, the price of exported logs fell this time, mainly due to the strengthening of the exchange rate of the New Zealand dollar against the US dollar. The New Zealand dollar strengthened significantly in November, which affected New Zealand AWG log prices in December. NZD/USD remains volatile, but the underlying uptrend has stalled over the past few weeks. The PF Olsen Log Price Index fell slightly in December, down $1 from the previous month to $119, $4 below the two-year and five-year averages. At the end of 2022, many factories in New Zealand are on extended year-end holidays compared to past years. In previous years, most forest owners would arrange felling production during this period. This means New... Continue reading →

January 26, 2023

Russia expands sawn timber exports to Africa and the Middle East, due to EU sanctions

In 2022 Russia increased the supply of sawn timber to the countries of the Middle East and North Africa (MENA) by 17.84%. The export volume amounted to 1.2 million m3. In total, Russian timber exporters supplied timber to 15 countries in the region. The most active growth was shown by deliveries to Iran, Iraq, the United Arab Emirates and Jordan. The main volume of exports fell on Iran (379 thousand m3) and the United Arab Emirates (334 thousand m3). The redistribution of supplies is associated with sanctions pressure from the EU states. “Due to the change in logistics routes for entering the foreign markets of Russian lumber, many enterprises had to quickly switch to the countries of the Middle East and North Africa. In 2022, shipments from the MENA countries grew the most in the UAE. The Emirates managed to increase imports by 83% compared to the results of 2021. This... Continue reading →