Germany: Short supply and rising wood prices due to massive exports to the US
The price of furniture and lumber in Germany has been rising for months. There are also massive delivery bottlenecks. Now [...]
March 29, 2021
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EU wood furniture imports down 3% in 2020
EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports of wood [...]
March 1, 2021
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World furniture consumption is estimated to decrease by -10% in 2020
Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]
February 8, 2021
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German furniture manufacturers are launching an export offensive to Scandinavian countries
Despite the currently difficult environment the German furniture industry is continuing its export offensive. [...]
October 27, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Europe / Global
IKEA loses 1.5 billion euros due to corona crisis despite surge in online sales
IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]
October 13, 2020
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global
IKEA to invest 150 million euros in Spain
IKEA announced an investment of around 150 million euros in the next 3 years in an expansion and transformation plan [...]
July 28, 2020
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global
Indian government invests US$ 10 billion to build four major furniture industry clusters
Indian government intends to invest between 10 billion and 11 billion US dollars for the establishment of 3-4 furniture [...]
June 15, 2020
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Italian wood furniture technology heavily impacted by COVID-19
According to the analysis of data collected by the Studies Office of Acimall, the Confindustria-member association representing the Italian [...]
June 12, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Woodworking machinery / Europe / Global
China: Exports of plywood, wooden furniture down by more than 80% in Q1/2020
According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres [...]
May 18, 2020
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Italian furniture industry start to reopen factories
The Coronavirus strict government restrictions in Italy are gradually being relaxed. Following the Prime Minister's [...]
May 5, 2020
Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global