Timber
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Irish roundwood timber supply predicted to rise by 68% until 2035
Recent studies suggest a significant increase of 68% in roundwood by 2035. The annual supply of Irish roundwood timber is predicted to increase 68% by 2035, according to a new report by the COFORD Council. The report - 'Wood Supply and Demand on the Island of Ireland to 2030' - was compiled by the wood mobilisation and forecasting group to provide the supply and demand for wood fibre on the island of Ireland over the medium term to 2030. Launching the report, Minister of State with responsibility for forestry Pippa Hackett said: "This comprehensive report brings together the best available information from the 2021 all-Ireland roundwood production forecast and demand assumptions based on inputs from the wood processing sector. "These trees to be harvested by 2035 have been planted under successive State-funded forestry programmes. The new 1.3bn euros forestry programme... Continue reading
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March 22, 2023
Irish roundwood timber supply predicted to rise by 68% until 2035
Recent studies suggest a significant increase of 68% in roundwood by 2035. The annual supply of Irish roundwood timber is predicted to increase 68% by 2035, according to a new report by the COFORD Council. The report - 'Wood Supply and Demand on the Island of Ireland to 2030' - was compiled by the wood mobilisation and forecasting group to provide the supply and demand for wood fibre on the island of Ireland over the medium term to 2030. Launching the report, Minister of State with responsibility for forestry Pippa Hackett said: "This comprehensive report brings together the best available information from the 2021 all-Ireland roundwood production forecast and demand assumptions based on inputs from the wood processing sector. "These trees to be harvested by 2035 have been planted under successive State-funded forestry programmes. The new 1.3bn euros forestry programme... Continue reading
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February 14, 2023
China: Imported timber prices fall as construction activity is slow
A week after the start of construction season, the price of imported timber in China has trended downwards. The current construction site activity is not as expected, resulting in cold demand for lumber and slow de-stocking, which suppresses the price of imported timber. The price of NZ imported radiata pine in Jiangsu fell by 10 yuan/cubic, hemlock and white pine fell by 20 yuan/cubic. In Shandong, 2-meter and 4-meter the price of radiata pine fell by 50 yuan/cubic, and 3-meter radiata pine fell by 70 yuan/cubic; white pine/spruce and hemlock fell by 30 yuan/cubic. The price of radiata pine in Fujian fell by 20 yuan/cubic, and Pinus sylvestris and white pine fell by 80 yuan/cubic. Radiata pine price in Guangdong fell by 30 yuan/cubic, and white pine fell by 70 yuan/cubic. Southern pine in Hainan increased by 100 yuan/cubic, and white pine rose by 50 yuan/cubic. 1... Continue reading
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February 28, 2023
Middle East: Boom in construction sector to fuel demand for wood products
The boom in the Middle East construction and building sectors is fueling the growth of the wood and woodworking machinery industries as they benefit from the increased demand for sustainable products (wood, timber, and wood products) and technologies. Dubai Wood Show will run from March 7 to 9 at the Dubai World Trade Centre. In its upcoming 19th edition, the expo is set to unveil a completely new event format. According to the organizers, Dubai WoodShow is gearing up to make a strong comeback as the industry is on a positive growth curve following the rise in the construction industry in the Mena region and, more specifically, in the UAE. This, as the ongoing construction projects in the region give a boost to the wood and woodworking machinery industry, they stated. According to the “UAE Construction Market (2022-2027)” report, the sector is expected to reach a value of... Continue reading
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December 19, 2022
Latvia will strictly investigate the import of “conflict timber” from Russia
On December 14, the Latvian State Forestry Administration issued a reminder that the import of Russian and Belarusian timber and its products subject to EU sanctions is strictly prohibited. On April 8, 2022, the European Union announced the details of the fifth round of sanctions against Russia, including the import and export of timber, veneer, plywood, uncoated kraft paper, and pulp and other forest products to Russia. Among them, a grace period is given to some prepaid orders. After July 10, the trade ban involved will officially take effect. However, large volumes of Russian plywood and birch continue to flow into EU countries. The European Union has also found that a large amount of Russian birch plywood has flowed into the European Union again through countries such as Vietnam, South Korea, Japan and China. Relevant timber associations have also reminded companies that... Continue reading
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February 28, 2023
Africa: Few new timber orders from China
With the end of the ‘lockdowns’ in China and with the Lunar New Year holidays over producers had anticipated an increase in orders for the Chinese market, this has yet to materialize. Now producers are looking ahead to the end of February or even March before they expected demand to improve. In Cameroon producers are trying to adjust to the high export duties along with handling the administrative requirements under the recently imposed CITES regulations on a range of species including khaya and doussie, pachyloba and padouk. At the moment importers are showing no interest in absorbing some of the higher export transaction cost through better prices. Reports suggest the market for khaya is very dull but that there is still some interest in doussie and padouk for the Belgian market. Padouk producers are busy milling log stocks in order to ship by the end of this month but,... Continue reading
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November 28, 2022
China’s timber market report in October 2022: Import prices continue to fall
According to the data of the General Administration of Customs of the People's Republic of China, by October 2022, China's timber and wood products import trade volume has totaled 100.595 billion yuan, down 11.7% year on year. The import volume of wood and wood products reached 47.79 million tons, down 25.2% year on year. The total import volume of logs in China is 36.25 million m3，a year-on-year decrease of 32.1%; The amount reached 47.963 billion yuan, down 22.7% year on year. The total amount of imported sawn timber is 21.81 million m3，a year-on-year decrease of 8.3%; The amount reached 41.766 billion yuan, up 0.2% year on year. In October 2022, China imported 3.15 million m3 of logs for an amount of RMB 3.972 billion, down 36.9% year on year; The import volume of sawn timber reached 2.16 million m3. The year-on-year decrease was 3.4%, amounting to 3.875 billion yuan, down... Continue reading
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February 28, 2023
Africa: Few new timber orders from China
With the end of the ‘lockdowns’ in China and with the Lunar New Year holidays over producers had anticipated an increase in orders for the Chinese market, this has yet to materialize. Now producers are looking ahead to the end of February or even March before they expected demand to improve. In Cameroon producers are trying to adjust to the high export duties along with handling the administrative requirements under the recently imposed CITES regulations on a range of species including khaya and doussie, pachyloba and padouk. At the moment importers are showing no interest in absorbing some of the higher export transaction cost through better prices. Reports suggest the market for khaya is very dull but that there is still some interest in doussie and padouk for the Belgian market. Padouk producers are busy milling log stocks in order to ship by the end of this month but,... Continue reading
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February 14, 2023
China: Imported timber prices fall as construction activity is slow
A week after the start of construction season, the price of imported timber in China has trended downwards. The current construction site activity is not as expected, resulting in cold demand for lumber and slow de-stocking, which suppresses the price of imported timber. The price of NZ imported radiata pine in Jiangsu fell by 10 yuan/cubic, hemlock and white pine fell by 20 yuan/cubic. In Shandong, 2-meter and 4-meter the price of radiata pine fell by 50 yuan/cubic, and 3-meter radiata pine fell by 70 yuan/cubic; white pine/spruce and hemlock fell by 30 yuan/cubic. The price of radiata pine in Fujian fell by 20 yuan/cubic, and Pinus sylvestris and white pine fell by 80 yuan/cubic. Radiata pine price in Guangdong fell by 30 yuan/cubic, and white pine fell by 70 yuan/cubic. Southern pine in Hainan increased by 100 yuan/cubic, and white pine rose by 50 yuan/cubic. 1... Continue reading
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March 22, 2023
Irish roundwood timber supply predicted to rise by 68% until 2035
Recent studies suggest a significant increase of 68% in roundwood by 2035. The annual supply of Irish roundwood timber is predicted to increase 68% by 2035, according to a new report by the COFORD Council. The report - 'Wood Supply and Demand on the Island of Ireland to 2030' - was compiled by the wood mobilisation and forecasting group to provide the supply and demand for wood fibre on the island of Ireland over the medium term to 2030. Launching the report, Minister of State with responsibility for forestry Pippa Hackett said: "This comprehensive report brings together the best available information from the 2021 all-Ireland roundwood production forecast and demand assumptions based on inputs from the wood processing sector. "These trees to be harvested by 2035 have been planted under successive State-funded forestry programmes. The new 1.3bn euros forestry programme... Continue reading