News archive

Tag: demand

Japan’s office furniture imports continue to surge

23-04-2020
Japan, import, office furniture, demand, surge

Exporters in China, Poland and Portugal continue to dominate Japan’s imported wooden office furniture(HS940330) sector. In January 2020, these three shippers accounted for over 80 per cent of the value of wooden office furniture imports. However, in January, shippers in Indonesia doubled their market share of imports to climb to around the …

Wood-Plastic Composite Decking Gaining in Popularity, says Freedonia Group Study

28-02-2020
Wood-Plastic Composite Decking, growing demand, Freedonia Group Study, PVC, WPC, decking, railings, fencing

The popularity of wood-plastic composite (WPC) and other types of plastic decking, railing and fencing continues to grow, as evidenced by the Q4 and 2019 earnings report from Trex Co. and interest at the recent International Builders Show. Further proof is contained in the Freedonia Group’s latest study on WPC and plastic decking. The …

Tall kitchen cabinets may see fastest growth in demand by 2023

21-02-2020
kitchen cabinet, growth, demand, tall cabinet, wall cabinet, trends, 2023, Freedonia, research

According to a study from the Freedonia Group, homeowners desire for more cabinet storage, kitchen islands and counter-style seating and amenities such  as LED lighting and pull-out shelves will push the demand for kitchen cabinets to $17.3 billion by 2023 - a rise of 4.6 percent annually.  The study found that base cabinets accounted …

Multi-unit starts to continue dominating building trend in the U.S.

26-09-2019
U.S., housing, wood, timber, demand, supply, multi-unit, multi-family, single-family, housing market, North America, sawmills, wood products, Canadian, British Columbia, wood prices

Multi-unit starts continue to dominate, by a much higher ratio than previously expected, reported Madison’s Lumber Reporter. For several years since the U.S. housing recovery in 2006, economists believed that the ratio of single-family starts would eventually recover to previous levels but the belief has yet to materialise. Instead, there …

Wood demand and supply projection for Japan in 2017

26-12-2017
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 …

Stable economic outlook for NZ primary industry

14-12-2016
NZ, wood, China demand

New Zealand’s agriculture sector is set to be stable for the current year with export earnings forecast to increase by an average of 5.4% annually to reach $47.9 billion by 2021, according to the Ministry for Primary Industries (MPI). "This highlights again the strength of our primary industries, and the benefits of our diversified primary …

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