News archive

Tag: 2019

China's imported plywood from all South East Asian countries decline except Vietnam in 2019

10-06-2020
China, plywood, import, South East Asia, 2019

China’s plywood imports from ASEAN in 2019 fell to 49,424 cubic metres valued at US$26.28 million, down 26% in value and 23% in value over 2018, reported ITTO. Imports from the main supply countries of ASEAN, Malaysia and Indonesia declined in 2019. Imports from Malaysia dropped 39% and from Indonesia there was a decline of 24% (22,948 …

GreCon sees record growth in 2019 as it welcomes 28th year of business

12-05-2020
GreCon, wood scanning, fire scanning, Fagus-GreCon Group, 2019, performance

Wood scanning and fire protection technology specialist GreCon Ltd is celebrating 28 years of business and commitment to the UK and Ireland market. Established in April 1992, GreCon is located just outside of Newcastle upon Tyne and is a member of the Germany-based Fagus-GreCon Group. The company has seen growth after a positive year in 2019 and …

Wintersteiger posts double-digit sales growth in 2019

28-04-2020
Wintersteiger group, turnover, 2019, EBITDA margin, wood tech, saw blades

In 2019, the Wintersteiger group increased its group turnover by 14 per cent to 182 million euros, thereby achieving an EBITDA margin of more than 10 per cent. “2019 was a very good year for Wintersteiger. We were able to gain enough momentum to be ready for the current challenges of our global business,” says CEO Dr. Florestan von …

2019 in review: EU wooden furniture imports last year at highest level since 2007

20-04-2020
EU, import, wood furniture, 2019

It is ironic that in 2019, just before the market chaos created by COVID-19, the EU recorded its strongest year for wooden furniture imports since 2007. That was, of course, when the last consumer boom was at its peak just prior to the market meltdown of the financial crises. As reported by ITTO, the EU imported wooden furniture from outside the …

China sees rise in sawnwood imports but not tropical sawnwood in 2019

06-04-2020
China, sawnwood, softwood, hardwood, markets, prices, volume, 2019, imports

According to data from China’s Customs, 2019 sawnwood imports totalled 38.11 million cubic metres valued at US$8.591 billion, a year on year increase of 4% in volume but a decline of 15% in value, reported ITTO. Of total sawnwood imports, sawn softwood imports rose 15% to 28.62 million cubic metres accounting for 57% of the national total, …

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 …

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News archive

Tag: 2019

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