News archive

Tag: 2019

Hardwoods Distribution's FY 2019 sales increased by 3.3%

25-03-2020
Hardwood distribution, FY2019, sales, gross profit, adjusted EBITDA, 4Q 2019

Hardwoods Distribution's Inc. (“HDI”) FY 2019 sales increased 3.3% to $1,171.9 million, from $1,134.3 million in 2018, a year-over-year improvement of $37.7 million. Gross profit for the year ended December 31, 2019 increased 5.3% to $212 million, from $201.3 million in 2018. This $10.7 million improvement primarily reflects the …

Japan’s imported plywood volume lowest in 20 years

18-03-2020
Japan, plywood, trade, import, export, domestic supply, shipment, trends, 2019

Total plywood supply in 2019 is 5,859,100 cubic metres, 4.6% less than 2018. This is the first time that total supply decreased to less than 6 million m3 in three years. Both production and shipment of domestic softwood plywood in 2019 recorded the highest. Meanwhile imported plywood in 2019 is the lowest in last 20 years. In particular, the …

WRQ: Global trade volume of softwood in 2019 remained stable but prices declined in all continents

16-03-2020
Wood Resource Quarterly, global timber markets, global lumber markets, US, China, 2018, 2019, review

Global Timber Markets Global trade volume of softwood in 2019 remained stable but prices declined in all continents. • Global trade of softwood logs in 2019 remained practically unchanged from 2018 at 93 million m3. As much as 45% of globally shipped logs were destined for China, reported the Wood Resource Quarterly (WRQ). • Sawlog …

Recovery in EU wood imports continues in 2019

06-03-2020
EU imports, 2019, review, recovery, Brexit, coronavirus

The total value of EU imports of wood products was 20.51 billion euro in 2019, a 4% increase as compared to 2018. In 2019, EU import value also hit the highest level since 2008 just before the global financial crises (Chart 1), reports ITTO. The rise in imports into the EU occurred despite unfavourable exchange rates and weakening economic …

Nobia's net sales increase by 2% in 4Q 2019

25-02-2020
Nobia, year end report, 2019, 4Q, profit margins, net sales, growth

Nobia’s net sales for the fourth quarter increased by 2% and amounted to SEK 3,445m (3,390) while organic growth was -2% (-2). Investing for the future A stable Q4 concludes a year characterised by high market volatility. It also marks the end of a highly important year for Nobia, when a new direction is set for the company and decided on …

Sarawak log exports declined 9 per cent in 2019

21-02-2020
Sarawak, log export, decline, 2019, 2018, meranti, acacia, kapur, wood species

The latest data shows that the volume of logs exported in 2019 was 1,290,133 cu.m, worth RM722,216,788 (US$172.3 mil), an estimated drop of 9 per cent compared to 2018, at 1,418, 742 cu.m, worth RM 773,448,482 (US$183.5 mil). The species which contributed the most value in 2019 was meranti at RM299,751,936 (402,971 cu.m). The second most valuable …

Scm Group confirms its financial stability and rewards innovation

23-01-2020
Scm Group, report, 2019, profits, turnover, earnings, positive, stable

Through innovation, digital factory and the strengthening of the sales network and after sales service in each of the strategic markets, Scm Group continues to invest and the results speak for themselves. The Group ended 2019 with a turnover in excess of 700 million Euro (USD773.8 million), in line with 2018's record figures and on budget for the …

China’s real estate development in the first 11 months of 2019

21-01-2020
China, real estate development, 2019, residential, land

Total investment in real estate development in the first 11 months of 2019 showed a rise of 10 per cent year-on-year but there was an overall decline in investment for most of this year. Investment in residential buildings was up by 14.4 per cent but this was at a slower rate than a year earlier. In the first 11 months of 2019, the land area …

Vietnam’s wood exports to hit $11.5 billion in 2019

02-01-2020
Vietnam, wood exports, U.S., Japan, Canada, UK, the Netherlands, Germany, CPTPP, EVFTA, 2019

According to figures from the Vietnam Timber and Forest Product Association (VTFPA), Vietnam’s wood exports value in 2019 is set to reach US$11.5 billion, exceeding the industry’s target of $10.5 billion and contributing to a 20 per cent growth compared to 2018, reported Viet Nam News. Đỗ Xuân Lập, chairman of the VTFPA, …

China’s wooden door and wooden building sectors in 2019

19-12-2019
wooden door, wooden building, growth, China, consolidation, wooden framed buildings, wood structure, sector, industry, performance, 2019

11% growth in wood door sector The output of China’s wooden door sector is said to be the highest in the world and China is also the main wooden door consumer market. The total output value of the national wooden door sector was about RMB140 billion in 2018, an increase of 11% over the same period in the previous year, reported ITTO. …

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Tag: 2019

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