Article Archive

The Austrian sawmill industry struggles with low demand for sawn timber

The Austrian sawmill industry continues to struggle with noticeable reductions in demand for sawn timber from the construction industry, but [...]
October 26, 2023 Latest Trends

Stora Enso expects weak demand to persist into 2024

Stora Enso faces a continued subdued market outlook for the rest of 2023 and going into 2024, as weak global [...]
October 26, 2023 Latest Trends

EU softwood lumber exports drop by 38% in H1/2023

EU's softwood lumber exports in the first half of 2023 fell by 38% in value to a good €5 [...]
October 25, 2023 Latest Trends

Resilient strategies emerge as German timber trade navigates market shifts

Germany's timber trade clearly feels the weakening construction sector and the hesitant demand throughout the current year, and is [...]
October 25, 2023 Latest Trends

UPM sales fall in Q3/2023, company sees reasons for optimism

In July-September, UPM's net sales fell by 24 percent from the previous year to 2.6 billion euros [...]
October 25, 2023 Latest Trends

UPM appoints new CEO

UPM has appointed the Italian Massimo Reynaudo as the company's next CEO. Rynaudo will start at the beginning of [...]
October 25, 2023 Latest Trends

Sawmill down-sizing in BC to create long-term opportunities for European lumber exporters to the US

Canada is the world's second-largest producer of softwood lumber, behind the United States. Over the past five years [...]
October 24, 2023

GWMI interviews: US timber market outlook for Q4/2023-Q1/2024

In the third quarter of 2023, the timber market underwent notable shifts, reflecting seasonal patterns and economic dynamics. Providing expert [...]
October 24, 2023 Latest Trends

Timber prices in Finland continue to fall in September

Timber prices in Finland continued their downward trend in September, with standing sales prices for spruce and pine logs falling [...]
October 24, 2023 Latest Trends

Sweden’s large sawmills report sharp fall in sales for Q3/2023

Sweden's major sawmill companies Södra and Setra faced a challenging third quarter as global economic uncertainties continued to [...]
October 24, 2023 Latest Trends