Africa

Global construction activity expected to further slow due to Covid-19

Global construction activity contracted across all region in Q2 due to the lockdowns to control the spread of the COVID [...]

Asian buyers of African tropical timber slowly returning; prices for EU market up

    It has been reported that buyers for the Chinese and other Asian markets are slowly returning [...]

African tropical timber exports driven down by pandemic

The rapid spread of the coronavirus has adversely affected West Africa’s export markets, imports, foreign investment, tourism and remittances [...]

Weak COVID-19 signs in EU tropical timber import data

EU27 (i.e. excluding the UK) tropical timber product imports continued to defy expectations of COVID-19 driven collapse in [...]

Global forest products trade remained strong despite pandemic

    Although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the [...]

Global timber trade impacted by rising ocean freight rates

The latest maritime analysis report shows that the World Container Index has increased by 8.8%, or US$151, to [...]

European demand for African tropical timber weakens

The impact of pandemic control measures have hit West African timber producers across the region hard, coming as it has [...]

40% of Chinese factories in Gabon have ceased production

It is estimated that about 40% of Gabon’s Chinese factories have ceased production. In some cases, the plywood plants [...]