News archive

Tag: Economy

Editor’s pickAcimall: Partial improvement in Italian wood and furniture technology industry in 2020 Q3

27-10-2020
Acimall, woodworking technology, wood manufacturing, economy, COVID-19

Acimall, the association of Italian woodworking machinery and tools manufacturers, has reported the figures for the July-September 2020 period and what's happening in the wood and furniture technology segment of the Italian mechanical engineering industry. In general, orders of machinery and tools for wood and furniture are recording a …

China: Log imports down 60% in the first half of 2020

17-09-2020
China, Logs, Import, Economy

Image: Pixabay China’s log imports fell sharply in the first half of 2020 to 24.51 million cubic metres valued at $3.558 billion, down 60% in volume and 62% in value from the same period of 2019, ITTO reported. Of total log imports, softwood log imports fell 61% to 17.64 million cubic metres, accounting for 72% of the national total. …

Belarus: 2020 timber exports exceed $120 million

14-09-2020
Belarus, Export, Forestry, Business, Economy

The Belarusian Forestry Ministry's press service has announced that Belarusian forestries have earned more than $120 million from the export of wood and timber products since the start of 2020, reports BelTA.  “Products of Belarusian forestries are becoming increasingly popular on foreign markets. Since the start of 2020 foreign buyers …

New Zealand: Report identifies wood processing technologies to drive high-value, low-carbon economy

09-09-2020
New Zealand, Economy, Wood Processing, Timber, Business

The New Zealand wood fibre futures stage one report published in early September identifies wood processing technologies that could help drive a high-value and low-carbon economy. The report was jointly commissioned in late 2019 by the Forestry Ministerial Advisory Group, Te Uru Rākau, and the Ministry for Business, Innovation …

UK merchant sales plunge in April but market is recovering

23-06-2020
UK, Economy, Sales

According to April data from the Builders Merchant Federation’s Builders Merchant Building Index, it is evident that the coronavirus lockdown has greatly affected sales for merchants in the UK. With many trades not working due to temporary closures or restricted services since mid-March, figures for April show the alarming …

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