Russia

Russian timber companies fallen into serious losses; ask for government help

A few days ago, the Russian timber industry, through regional officials, asked the government to take new support measures in [...]

China: Recovery signs of the softwood import market in Q1/2023

In China, the softwood import market remains weak but there are small hopes for Q1/2023. As of mid-November [...]

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 [...]

China’s timber market report in October 2022: Import prices continue to fall

    According to the data of the General Administration of Customs of the People's Republic of [...]

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 [...]

Russia’s lumber, plywood production falls sharply in Jan.-Oct. 2022

In the first ten months of 2022, Russia's lumber production totaled to 24.7 million m3, or 8.5 [...]

China: Considerable rise in European spruce log inventories

Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight [...]

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 [...]

Global economic slowdown overshadows near-term market outlook for the wood industry

Most countries in the world are experiencing slower economic growth or economic contraction. Certainly, those with global influence are performing [...]