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Tag: Japan

Japan’s wooden furniture imports sees some rise and fall

Japan, furniture, imports

The cyclical trend in bedroom furniture imports is once again repeated in 2017. After peaking in the spring Japan’s imports of wooden bedroom furniture traditionally drop back in the months to year end only to pick up once again. Wooden kitchen furniture on the other hand have seen a surge in imports, partly due to home owners cashing in on …

Japan to allocate 29Bn yen to improve efficiency in wood industries

Japan, budget, efficiency, ITTO

Japan will set aside 29 billion yen of its supplementary budget for strengthening the plywood and lumber industries. Part of this includes improving log production and logging road maintenance. Other efforts to promote wood products include boosting efficient manufacturing facilities, shifting to competitive items, lowering log producing cost …

Japan’s PB shortage sees construction schedules delayed

Japan, construction, particleboard, ITTO

Particleboard, a commonplace for flooring in condominiums, is in shortage in Japan. Inventories have been low throughout the year and since late Nov, delaying construction schedules. Construction has also been delayed due to labour shortage anyway so the demand for PB was not particularly busy. However builders are still anxious to finish …

Japan’s plywood market sees increased activity towards end 2017

ITTO, Japan, plywood supply

Japan’s total plywood supply in Oct 2017 was 511,900 cbm, up four per cent YoY and four per cent more compared to September figures. The plywood market was very active with total domestic supply in October reaching 280,300cbm, of which softwood plywood made up 267,800cbm. Plywood exports reached 286,200cbm, 4.8 per cent more YoY and 2.2 …

Wood demand and supply projection for Japan in 2017

ITTO, Japan, forest, timber, supply, demand, wood

Japan’s Forestry Agency’s second meeting estimates the following trends for wood demand and supply in 2017. Forecast for domestic log supply is difficult because of the damage caused by severe heavy rain. Demand projection for the second half of the year is likely to decline slightly. The demand for domestic lumber in the second …

Japan optimistic about growth as consumption picks up

Japan, economy, ITTO

Exports and industrial output will continue to drive the Japanese economy, according to an October report from the Cabinet Office. Consumption is picking up while capital expenditure is on the rise. The Bank of Japan (BoJ) has pushed forward its target for two per cent inflation to 2020 but this may be too optimistic, analysts say. The Japanese …

Japan’s wooden furniture imports volatile: ITTO

ITTO, Japan, wooden furniture, imports

Japan’s wooden bedroom furniture imports have yo-yoed for the past four months after a period of steady increase that began in November last year. After three consecutive months of increase, the value of imports in February plummeted only to rise again in March. The same was observed in March and April. Wooden office furniture imports in …

Japan performs well in 2016 but uncertainty looms

Japan, ITTO, economy

Increased business investment in the final quarter of 2016 lifted Japan’s economic growth higher than initially reported. Third quarter growth came at annualised 1.2 percent however. The revised figure is still below the forecast prepared in mid- 2016 which anticipated growth at 1.6 per cent. The lackluster growth underlines the challenges …