Russian plywood exporters seek to diversify markets

With European sanctions cutting off traditional markets for Russian plywood, manufacturers have turned to new export destinations in Asia, the Middle East, and Africa.  India's growing role as a plywood market Segezha Group, a leading Russian timber company, has also prioritized India as part of its long-term strategy. Despite logistical challenges and high tariffs—currently at 30% for Russian plywood—Segezha is optimistic about the market’s potential. Nikolai Ivanov, the company’s Vice President for External Relations, emphasized during the Eastern Economic Forum that India represents a key growth market, with plans to expand offerings ...