Archives: 2023

Ponsse is planning extensive layoffs

Ponsse announces that it has invited the production workers of its Vieremän factory to change negotiations. According to the [...]
December 15, 2023 Latest Trends

Italian wood-furniture sector anticipates export-driven recovery in 2024

The Italian wood-furniture industry, is poised for a rebound in 2024, with a focus on export growth. Despite facing [...]
December 15, 2023 Latest Trends

Wood market forecast for Q1/2024

The worldwide economy is still navigating choppy waters, and there aren’t many positive signs on the horizon. High global [...]
December 14, 2023 Latest Trends

The demand for wood has cooled in Lithuania

For the second year in a row, the demand for structural wood products intended for construction is declining not only [...]
December 14, 2023 Latest Trends

UAB Juodeliai starts construction of second production facility in Marijampolė

The Lithuanian wood processing company, UAB Juodeliai, began building the second production facility in June 2023, adjacent to the pallet [...]
December 14, 2023 Latest Trends

2024 outlook for Russian lumber exports

Russian exports in the global lumber market have changed substantially as their war against Ukraine continues. With the huge shift [...]
December 14, 2023 Latest Trends

The availability of wood will soon be a real concern in Finland

Wood prices are still surprisingly high in Finland. The wood market will continue to be tight, and the new EU [...]
December 13, 2023 Latest Trends

Sweden: Increasing likelihood of hardwood replacing softwood in the market

The commercial value of hardwood forests continues to increase among Sweden's forest owners. Some experts believe that society's [...]
December 13, 2023 Latest Trends

Germany: Pellet prices hit new lows in December

Pellet prices in Germany fell to a two-year low in December. In some federal states, wood pellets cost less [...]
December 13, 2023 Latest Trends

UK launches ambitious plan to increase the use of timber in construction

The UK government unveiled an ambitious new roadmap to increase the use of timber in the construction of homes and [...]
December 13, 2023 Latest Trends