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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...
The total production of wood-based panels in Europe in 2021 was 63.7 million m3 — up by 10% —based on the 2021-2022 annual report data of European wood-based panels. Compared with 2019 before Covid-19, the total output of wood-based panels increased by 7.6% and the production of various types...
Image: Daniil Silantev/UnsplashDespite accounting for only 15% of Canada’s imports value in 2022, Vietnam remains the fourth largest wooden furniture supplier to the country, according to the General Department of Vietnam Customs.The Vietnam Timber and Forest Products Association (VIFOREST) has assessed that there is a wealth of opportunities ahead...
Image: John Kinnander/UnsplashAccording to Wood Resource Quarterly, Finland’s wood raw-material imports from Russia fell dramatically in 2022 following many years of active trade between the two countries, and by Q3 2022, imports were down to zero.Finnish pulpmills and sawmills have long been dependent on imported wood raw-material to meet...
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...
