Archives: August 2024

The global plywood market is projected to reach $154 billion by 2031

The global plywood market size was $85 billion in 2022 and is likely to surpass $154 billion by 2031, expanding [...]
August 14, 2024 Latest Trends

French wood market update: Construction slowdown impacts softwood demand

Recent trends reveal a slowdown in the French construction market, increased demand for specific wood types, and shifting international trade [...]
August 14, 2024 Latest Trends

Lumber prices climb as Interfor cuts production by 15%

 Interfor said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made [...]
August 13, 2024 Latest Trends

Rising log costs puts Finnish sawmills at risk

The price of logs has risen so much that Finnish sawmills are in distress. As a result, softwood lumber [...]
August 13, 2024 Latest Trends

India’s log import market is currently facing several challenges

Many parts of northern and western India are inundated with floods. Kandla is also affected by the monsoon rains, with [...]
August 13, 2024 Latest Trends

European residential construction in 2024 expected to drop by 8.5%

In Europe, a decline in completed housing is expected in the coming years. Euroconstruct forecasts a decline of 8.5 [...]
August 13, 2024 Latest Trends

Homag Group continues to feel market weakness in the first half of 2024

The Homag Group continues to feel the effects of the customers’ reluctance to invest. Sales and earnings decreased in the [...]
August 13, 2024 Latest Trends

Canadian lumber exports to the United states rise in H1/2024

In the first half of 2024, Canada’s lumber exports to the United States rose by 3% compared to the [...]
August 13, 2024 Latest Trends

European timber industry market outlook

As the current period of economic upheaval concludes, the future landscape of the timber trade remains uncertain, heavily influenced by [...]
August 8, 2024 Latest Trends

Pfeifer Group implements strategies to address workforce shortages in the German sawmilling industry

Leading European sawmiller Pfeifer Group is taking active measures to combat staff shortages by creating a new training programme at [...]
August 8, 2024 Latest Trends