Archives: October 2024

German woodworking machinery production expected to drop 15% in 2024

VDMA (German Machinery and Equipment Manufacturers Association) Woodworking Machinery has retracted its forecast for 2024, expecting a 15% decline in [...]
October 3, 2024 Latest Trends

EUDR before the World Trade Organization

The European Union on 25 September seemingly turned down appeals from the World Trade Organization’s Director-General as well [...]
October 3, 2024 Latest Trends

Looming US Port strike could shake supply chains

The U.S. economy faces potential disruptions as dockworkers from Maine to Texas launched a strike, halting operations at key [...]
October 3, 2024 Latest Trends

Plummeting European exports of softwood logs & lumber to China this year

The European Union's softwood log and lumber exports to China have seen a significant decline during the first seven [...]
October 2, 2024 Latest Trends

2Q earnings decline: A closer look at North America’s lumber industry challenges

Recent earnings reports from major North American forestry companies reveal significant challenges in the lumber industry, with a noticeable decline [...]
October 2, 2024 Latest Trends

Stable roundwood prices in Germany in September

The roundwood market in Germany remains stable. There were hardly any noticeable changes in the price structure in September.  [...]
October 2, 2024 Latest Trends

Latvia: Exports of softwood lumber up 7.6% in Jan.-July 2024

In the first seven months of this year, Latvia exported forest industry products worth two billion euros, which is 1 [...]
October 2, 2024 Latest Trends

Fall in EU softwood lumber exports to the US

European softwood lumber exports to the USA experienced a downward trend in the first seven months of 2024 compared to [...]
October 1, 2024 Latest Trends

European wood and woodworking associations call for EUDR implementation to be delayed

On 25 Sep 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI [...]
October 1, 2024 Latest Trends

Higher US lumber prices expected in 2025

On August 5, nearby September physical lumber futures were at the $508 level on August 5, with the now active [...]
October 1, 2024 Latest Trends