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Image: Nicola Pavan/UnsplashLesprom reported that the Swedish forest industry has recorded an export value of 182bn Swedish krona in 2022.This is mainly due to high prices for pulp and paper, even though there is a decline in export volumes.These segments accounted for an increase in the export value from...
Image: Rune Enstad/UnsplashUS imports of wooden furniture rose 6% in January 2023, stemming a steady slide from the record levels set in the summer. The gain was due to increasing imports from India, which were up 38%, and Indonesia, which were up 25%.Despite small gains for the month...
The market share growth by the living room furniture segment will be significant during the forecast period of 2022-2027According to a report by Technavio, the home furniture market size in the US is estimated to increase by US$13.32bn between 2022-2027, growing at a momentum of CAGR of 3.7%.In particular, improving residential...
Image: Steve Mushero/UnsplashAccording to data from China’s Customs, 2022 sawnwood imports into China totalled 26.66 million m3 valued at US$7.53bn, a year-on-year decreases of 8% in volume and 4% in value on 2021. The average price for imported sawnwood in 2022 was $282/m3, a year-on-year rise of 4%.China's sawnwood...
Image: Artiom Vallat/UnsplashAccording to Wood Resources Quarterly, wood raw-material costs for sawmills in North America and Europe eased in the Q3 of 2022 as demand and prices for lumber fell.A few countries faced slight log price increases in their local currencies, but with the strengthening US dollar, practically...
Image: Amr Taha/UnsplashAccording to Future Market Insights, the global plywood market is valued at US$85.5bn as of 2023. The market is expected to grow at a CAGR of 6.3% during the period 2023-2033, and by 2033, the market is expected to be valued at US$156.9bn.Asia-Pacific is expected to be...
Image: Khara Woods/UnsplashDespite uncertain global economic conditions, exports of Indonesian wood products in 2022 continued to grow.Data from Indonesia's Ministry of Environment and Forestry (KLHK) analyses by the Association of Indonesia Forest Concession Holders (APHI) show Indonesia's exports of wood products in 2022 reached US$14.51bn.This was a significant...
A table designed using American red oak, by designer Ini Archibong as part of AHEC's Connected showcase (Image: AHEC)The total exports of US hardwood lumber and veneer to the Middle East and North Africa (MENA) region surged by 11% in 2022 to hit US$107m, said a report by American...
Image: Nicola Pavan/UnsplashAccording to Timber Development UK (TDUK), the gap between record 2021 volumes and low 2022 volumes of timber imports in UK began to close in November, with imports resembling more regular winter totals.The disparity in total volumes between 2021 and 2022 was 14% in November, compared to...
Image: Liam Pozz/UnsplashAccording to a statement at a recent national conference in China, the output value of China’s national forest industry in 2022 totalled RMB8.04tn (US$1.17tn). The country is now among the world's leading players in terms of the scale and growth rate of its forestry industry.China has continuously...
