Archives: 2023

Resilient strategies emerge as German timber trade navigates market shifts

Germany's timber trade clearly feels the weakening construction sector and the hesitant demand throughout the current year, and is [...]
October 25, 2023 Latest Trends

UPM sales fall in Q3/2023, company sees reasons for optimism

In July-September, UPM's net sales fell by 24 percent from the previous year to 2.6 billion euros [...]
October 25, 2023 Latest Trends

UPM appoints new CEO

UPM has appointed the Italian Massimo Reynaudo as the company's next CEO. Rynaudo will start at the beginning of [...]
October 25, 2023 Latest Trends

Sawmill down-sizing in BC to create long-term opportunities for European lumber exporters to the US

Canada is the world's second-largest producer of softwood lumber, behind the United States. Over the past five years [...]
October 24, 2023

GWMI interviews: US timber market outlook for Q4/2023-Q1/2024

In the third quarter of 2023, the timber market underwent notable shifts, reflecting seasonal patterns and economic dynamics. Providing expert [...]
October 24, 2023 Latest Trends

Timber prices in Finland continue to fall in September

Timber prices in Finland continued their downward trend in September, with standing sales prices for spruce and pine logs falling [...]
October 24, 2023 Latest Trends

Sweden’s large sawmills report sharp fall in sales for Q3/2023

Sweden's major sawmill companies Södra and Setra faced a challenging third quarter as global economic uncertainties continued to [...]
October 24, 2023 Latest Trends

Bark beetle infestation negatively impacts French softwood market

For spruce and fir in the East part of France, there was no summer break. On the contrary, in the [...]
October 20, 2023 Latest Trends

Germany: Fall in pellet prices continues in October

Pellet prices in Germany continue to fall in early October. There are apparently two reasons for this: the falling wood [...]
October 20, 2023 Latest Trends

Ikea to cut furniture prices as supply chain starts to ease

Ikea has promised to pass on cost savings to customers by cutting prices over the next year as pressures in [...]
October 20, 2023 Latest Trends