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February 27, 2018

Upswing in EU timber consumption not benefitting tropical suppliers

Upswing in EU timber consumption not benefitting tropical suppliers
Sawn hardwood distributors in Europe are reporting good levels of activity but this has yet to feed through into a significant rise in tropical sawn hardwood imports.    Against an improving economic backdrop, the EU’s sawn hardwood trade was reported stable to very good from 2016 through the first three quarters of 2017, with customers, notably joinery producers, reporting healthy order books.    A clear indication of long-term confidence in the European hardwood market derives from latest developments at Vandecasteele. The company is already one of Belgium and Europe’s biggest hardwood ...

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