Finland: Wood market situation looks promising as the demand for domestic wood is high
From the point of view of Finnish forest owners, the wood market situation in Finland looks promising as the demand [...]
March 17, 2023
Latest Trends
Poland’s wood industry wants to postpone raw material procurement due to lack of demand
On March 6 this year, Poland's State Forests issued a press release related to the sales procedures for the [...]
March 17, 2023
Latest Trends / Market Analysis
When will the Chinese timber market recover?
In the previous years, the timber prices in China were always on the rise at the beginning of the year [...]
March 16, 2023
Finland: Keitele Group lays off its staff due to insufficient orders
Finnish wood products manufacturer Keitele Group is laying off its staff. This is an exceptional action, as the company has [...]
March 16, 2023
Latest Trends
Arauco reports lower sales and prices of wood-based panels, especially MDF
Arauco, one of the largest global wooden panel manufacturers, reported sales revenues of USD 1,594.0 million in the [...]
March 16, 2023
Latest Trends
Can Australia return to the Chinese log market?
In 2020, among the logs exported from Australia to China, quarantine pests were repeatedly detected by the Chinese Customs. Therefore [...]
March 16, 2023
Latest Trends
Challenges ahead for Latvia’s wood industry after record year
In 2022, the export revenue of the forest sector reached an unprecedented record - 4 billion euros, but it will not [...]
March 14, 2023
Latest Trends
UK’s softwood imports drop by 25% in 2022
UK's imports of the main timber and panel products in 2022 were 2.4 million m3 lower than over [...]
March 14, 2023
Latest Trends
Global woodworking machinery sales to reach $6.1 billion by 2027
In the changed post COVID-19 business landscape, the global market for woodworking machinery estimated at $4.3 billion in [...]
March 14, 2023
Latest Trends
Insight Group acquires Deere & Co Russian leasing arm
The Insight Group completes acquisition of Russian leasing subsidiary of Deere & Co., the world's largest manufacturer of agricultural [...]
March 14, 2023
Latest Trends
