Furniture Archives - Global Wood Markets Info

Poland’s wood industry expected to face market slowdown in the coming quarters

Poland's wood industry is one of those branches of domestic processing in which Polish producers have had tangible competitive [...]

September 20, 2022

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]

August 29, 2022

Shortage of wood in Poland

The sanctions imposed on Russia in connection with the invasion of Ukraine have caused a shortage of wood in Poland [...]

August 17, 2022

Unprecedented period of change in European wooden furniture sector

The last two and half years, marked from the start of 2020 by the Covid-19 pandemic and from February [...]

August 5, 2022

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The group said its retail [...]

June 16, 2022

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan. Russia’s retaliatory measures [...]

June 13, 2022

One of the largest Baltic wood product groups suspends business in Belarus

After stopping the construction of a new plant in Vitebsk, one of the largest wood and [...]

June 6, 2022

Russian factories continue to produce IKEA’s furniture under their own brands

Once IKEA left Russia, the local furniture factories continued to produce IKEA’s furniture under their own brands. [...]

May 9, 2022

Russian imported plywood will be ‘hard to replace,’ says US hardwoods group

As of April 8, the U.S. has suspended normal trade relations with Russia and Belarus, immediately raising tariffs on [...]

April 26, 2022

European veneer consumption rebounds sharply in 2021

Consumption of hardwood veneers in the EU27+UK was already falling in 2019 before the onset of the pandemic driven [...]

April 20, 2022

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