59 Chinese wood and furniture business to relocate factories to Indonesia
59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]
November 27, 2019
Companies in the timber industry / Daily News / Global Trends / Forestry / Furniture / Lumber / Sawmilling / Wood Products / Asia & Middle East / China / Global
Slowdown in U.S. furniture imports as shipments from China crash
U.S. furniture imports fell in the first half, a result of a double-digit drop in shipments from China [...]
November 12, 2019
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Global wooden furniture market expected to grow 32% by 2025
The size of the global wooden furniture market is expected to grow from $395 billion in 2018 to more than [...]
October 23, 2019
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Where will the Chinese furniture exports be redirected as trade war with US hit shipments and prices?
Just as the American hardwood industry has long been worried about the "eggs" that put more than one-half of [...]
October 15, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Global / North America
Indonesian timber and furniture industry seeks to take advantage of the US-China trade war
The Indonesian government is mulling over banking on its timber and furniture industry to seize the momentum amid the ongoing [...]
October 8, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Wood-based panels / Asia & Middle East / China / Global / North America
IKEA reports record sales on booming online revenues
IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture [...]
September 26, 2019
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Europe / Global
U.S. removes some Chinese furniture from planned 10% tariffs
The Trump administration is sparing some Chinese-made household furniture from its next rounds of 10% tariffs. [...]
August 19, 2019
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Africa a growth market for furniture
Several African countries have good potential to develop their furniture industry, both for expanding internal consumption and for export markets [...]
July 19, 2019
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Ikea to close its last U.S. plant
Ikea Industry will close its last U.S. plant with production being relocated to Europe. The Swedish furniture giant says [...]
July 15, 2019
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global / North America
Brazilian wood products exports up 29% in May
In May 2019, Brazilian exports of wood-based products (except pulp and paper) increased 29% in value compared to May [...]
July 2, 2019
Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Sawmilling / Statistics / Wood Products / Wood-based panels / Global / South America