Asia & Middle East

Belarus timber flows to EU circumventing sanctions via Central Asia

Belarus is circumventing EU sanctions by exporting its timber to EU countries using false documents claiming that the wood comes [...]

China: Hopes that Covid restriction easing would bring back wood demand

Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]

India: Weak log and sawn timber import market

Activity in Gandhidham is slow to recover after the Diwali holidays due to negative sentiment. Log importers and sawmills report [...]

Global container freight rates falling sharply

For more than two years the only way for container shipping prices was up. That trend is now reversing as [...]

EU approves import ban law on products linked to deforestation

    The European Union agreed on Tuesday on a new law to prevent companies from selling into [...]

EU tropical wood imports slow with mounting signs of recession

    In the first nine months of this year the EU27 imported 1.53 million tonnes of [...]

Vietnamese wood manufacturers on alert for unpredictable new year prospects

While the United States is nearing a stance on imported wood that will affect Vietnam, domestic producers are being urged [...]

Top 15 biggest lumber producing companies in the world

GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list [...]

Global demand for timber could grow fourfold by 2050

    The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and [...]

Wood industry at COP 27: Combining climate protection and business

    At the COP 27 UN Climate Change Conference in Sharm el-Sheikh, Egypt, Austria's timber [...]