Exports

Trends in the global lumber markets discussed at “Wood from Finland” conference

The annual "Wood from Finland" conference which took place on February 15 and 16, 2023 in Helsinki attracted a record audience: nearly 500 global wood professionals gathered to update the short and long-term outlook for industry. In addition to market overviews by country, presentations were made on topics such as the global economy, the situation in China and the future exploitation of natural resources. The event was opened by the Minister of Foreign Affairs, Mr. Pekka Haavisto, who presented the situation of global security policy. Beyond the strong support that Ukraine needs, Minister Haavisto underlined the importance of dialogue within the EU. “Openness must be maintained, both in terms of trade and investment. The diversification of the economy is also necessary and a dialogue with the United States is essential to avoid trade barriers between Europe and the United... Continue reading →

February 14, 2023

US hardwood lumber expand to MENA region

The total exports of US hardwood lumber and veneer to the Middle East and North Africa region surged by  11% in 2022 to hit $107 million, said a report by American Hardwood Export Council (AHEC) released ahead of a key industry event - Dubai WoodShow. To be held from March 7 to 9 at the Dubai International Exhibition and Convention Centre, the event will see AHEC host a large American Hardwood Pavilion with individual booths occupied by 14 US hardwood exporting companies as well as the Indiana State Department of Agriculture. The 14 companies participating in the pavilion are Allegheny Wood Products, Baillie Lumber, Boss Lumber, Cascade Hardwood, Cummings Lumber, Hardwoods of America, Kamps Hardwoods, Kennebec Lumber, Midwest Hardwood, Missouri Walnut, Nina Company, Oaks Unlimited, Penn-Sylvan International and Wheeland Lumber. According to AHEC, the Mena region remains a very... Continue reading →

March 8, 2023

Vietnam’s wood product exports fall sharply due to order shortage

Vietnam's exports wood and wood products slumped 34.8 percent year-on-year to 1.6 billion U.S. dollars in January and February mainly due to a fall-off in demand, according to the Vietnamese Export and Import Department under Ministry of Industry and Trade. Vietnam exported wood and wood products worth 800 million U.S. dollars in February, down 0.7 percent from January and down 10 percent from a year earlier. Exports of wood products, including furniture, contributed the most to the decline, posting a revenue of 490 million U.S. dollars, down 29.7 percent from last year. Global demand for furniture has dwindled significantly from the heights of the COVID-19 pandemic when people spent their time during lockdowns on home improvements, industry experts said. Global inflation has dampened demand in the wood industry in the year-end period last year and early this year, local online... Continue reading →

March 21, 2023

Russia boosts the export of sawn timber products to Eastern countries

In January-February 2023, the export of sawn timber from Russia to China increased by 7.2% to 1.6 million m³. For Hong Kong, the figure was 67 thousand m³. Deliveries to Iran and the UAE increased by 1.5 times and amounted to 64.1 thousand m³ and 38.1 thousand m³, respectively. Export to Turkey increased to 39.8 thousand m³ or 3.5 times. A noticeable increase was also shown by deliveries to Kyrgyzstan - 36.3 thousand m³ or + 10.8%. Exports to Iraq added 6.3% and totaled 25.4 thousand m³. In total, in the first two months of 2023, sawn timber supplies to international markets amounted to 2.6 million cubic meters, i.e. decreased year on year by 25%. According to the head of Roslesinforg Pavel Chashchin, the bulk of sawn timber exports - 96.7% - fell on 15 countries. Traditionally, China has become the leader among importers of Russian timber, having taken a 63% share in the... Continue reading →

March 20, 2023

Latest trends in China’s plywood market

According to the statistics from the Academy of Industry Development and Planning under the National Forestry and Grassland Administration and the China Forestry Products Industry Association (CFPIA), both the number of enterprises and production capacity of China’s plywood industry declined slightly in 2022. There were more than 10,800 plywood manufacturing enterprises (down 14% year on year) at the end of 2022 with a production capacity of 208 million cubic metres per year, down 6.3% over 2021. Shandong Province was the largest in terms of plywood production capacity and enterprise numbers in 2022. There were 3,550 mills with a capacity of 56 million cubic metres. The production capacity for polyurethane adhesives, beanbased protein adhesives, lignin adhesives, starch-based adhesives, thermoplastic resin adhesive film and other formaldehyde-free plywood products... 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 →

February 14, 2023

US hardwood lumber expand to MENA region

The total exports of US hardwood lumber and veneer to the Middle East and North Africa region surged by  11% in 2022 to hit $107 million, said a report by American Hardwood Export Council (AHEC) released ahead of a key industry event - Dubai WoodShow. To be held from March 7 to 9 at the Dubai International Exhibition and Convention Centre, the event will see AHEC host a large American Hardwood Pavilion with individual booths occupied by 14 US hardwood exporting companies as well as the Indiana State Department of Agriculture. The 14 companies participating in the pavilion are Allegheny Wood Products, Baillie Lumber, Boss Lumber, Cascade Hardwood, Cummings Lumber, Hardwoods of America, Kamps Hardwoods, Kennebec Lumber, Midwest Hardwood, Missouri Walnut, Nina Company, Oaks Unlimited, Penn-Sylvan International and Wheeland Lumber. According to AHEC, the Mena region remains a very... 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 →

March 21, 2023

Russia boosts the export of sawn timber products to Eastern countries

In January-February 2023, the export of sawn timber from Russia to China increased by 7.2% to 1.6 million m³. For Hong Kong, the figure was 67 thousand m³. Deliveries to Iran and the UAE increased by 1.5 times and amounted to 64.1 thousand m³ and 38.1 thousand m³, respectively. Export to Turkey increased to 39.8 thousand m³ or 3.5 times. A noticeable increase was also shown by deliveries to Kyrgyzstan - 36.3 thousand m³ or + 10.8%. Exports to Iraq added 6.3% and totaled 25.4 thousand m³. In total, in the first two months of 2023, sawn timber supplies to international markets amounted to 2.6 million cubic meters, i.e. decreased year on year by 25%. According to the head of Roslesinforg Pavel Chashchin, the bulk of sawn timber exports - 96.7% - fell on 15 countries. Traditionally, China has become the leader among importers of Russian timber, having taken a 63% share in the... Continue reading →