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Image: Chris/UnsplashAs late as 2019, China imported almost 100 million m3 roundwood equivalents of softwood logs and lumber to meet the growing demand for forest products in the domestic market.Since then, wood consumption has declined, and the importation of forest products has decreased to levels not seen in...
Source: US Census BureauThe housing market in the US has experienced a surge in May 2023, according to data released by the US Census Bureau and the Department of Housing and Urban Development.Sales of new single-family houses skyrocketed to a seasonally adjusted annual rate of 763,000, marking a substantial...
Image: Anvesh/UnsplashWith the lift in ban of Australian timber exports to China, Australian exporters can now receive new opportunities to ship logs to China. However, exports are not anticipated to reach historic levels, according to Wood Resource Quarterly.At the end of 2020, China banned the importation of plantation pine...
Image: Will Suddreth/UnsplashAmid export and order slumps in Vietnam, timber companies in the country are calling for support in terms of market information, requirements and consumer tastes, according to Vietnam Plus.Orders from Vietnam have dropped 50-60% since the beginning of the year, with the export turnover of wood and...
Image: Artiom Vallat/UnsplashLog trade in the Baltic Sea region has declined for two reasons, according to Wood Resources International: Russia’s invasion of Ukraine, and as a result of investments in forest production capacity in the Baltic States.The two largest log-trading regions in Europe are central Europe where Austria, Czech...
Image: Tiana Borcherding/UnsplashVietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.Data from Vietnam's General Department of Customs showed that the export turnover...
The various types of American hardwoodsAccording to the American Hardwood Export Council (AHEC), the total value of US hardwood exports to India reached US$3.247m in Q1 2023.The statistics, which have been compiled from the latest data released by the United States Department of Agriculture (USDA), were announced at the...
Image: Joshua Williams/UnsplashUS imports of hardwood plywood continued to plummet in February 2023. Imports fell 12% for the month to a level 63% below that of the previous February.The 130,211m3 imported in February was reportedly the lowest monthly amount imported since March 2009, according to the International Tropical...
Rubberwood is harvested from rubber trees after they have been harvested for their latex (Image: Isuru/Unsplash)It is estimated that over the past five years China's imports of sawn rubberwood and rubberwood products from Thailand remained stable and accounted for about 3% of China's total import of goods from Thailand.According...
Image by rawpixel.com on FreepikAccording to Wood Resource Quarterly, wood chip and pulp log prices rose substantially in most countries over the past year in the local currencies.For example, in the Nordic countries, domestic prices were up about 20% from Q4 2021 to Q4 2022, and in central...
