News archive

Tag: growth

CLT market forecast to reach $880Mn by 2022

CLT, market, CAGR, growth

The global cross-laminated timber market is expected to reach US$880Mn by 2022. According to the latest report, Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022, by IMARC Group, robust growth can be attributed to the green building movement that is gaining momentum all across the …

Global engineered wood market to reach $41.2bn by 2022

engineered wood, CAGR, growth

The global engineered wood market is estimated to reach $41.2bn by 2022, growing at a CAGR of 24.8 percent from 2016 - 2022. North America and Europe account for nearly 70 percent of global engineered wood production and will continue to maintain high CAGRs, according to a new report from market research firm Allied Market Research (AMR). Demand …

Housing thriving in the UK before Brexit

housing, UK, growth, NHBC

In the latest house-building statistics by the National House Building Council (NHBC) in the UK, there was still continued confidence in the run-up to the UK's EU referendum. Private sector new home registrations were up 6% in Q2 to 31,753 compared to a year ago, but the public sector showed a 13% reverse with 9,468 new registrations. The …

Volume of timber imports continues to grow in the UK

timber imports, UK, growth

In the latest imports statistics compiled by the UK Timber Trade Federation (TTF), the UK shows a volume growth of 5% in the first four months of 2016 as compared to a year ago. The increase was principally due to a rise in panel product imports from the countries such as Brazil (+31% rise in softwood plywood) and Indonesia (+53% rise in …

Australia's forestry sector sees strong growth in 2H/2015

Australia forestry, Growth, Wood products export, Australian Bureau of Agricultural and Resource Economics and Sciences, , ABARES

Australia's forestry sector demonstrated strong growth in 2014-15, thanks to robust residential building activity and increased exports. Total housing starts increased by 18% to 214,000 units while log harvest rose by over 10% to more than $2 billion for the first time, according to the latest statistical report released by the Australian Bureau …