Market Analysis

European woodworking and sawmill industries welcome EC’s legislative proposal on certification of carbon removals

The publication this week by the European Commission of a draft legislative proposal on the certification of carbon removals has [...]

70 EU signatories call for efficient, circular use of wood biomass residues

    More than 30 additional signatories endorsed the declaration issued on the 10th of November, bringing the [...]

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 [...]

Kronospan abandons takeover of Pfleiderer due to EU antitrust concerns

    Austrian wood panel producers Kronospan failed to allay EU antitrust concerns over its bid for German [...]

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 [...]

Nordic forest companies have more money than ever

The Nordic forest industry has never had as much money as it does now, says Danske Bank's forest sector [...]

Cross laminated timber market projected to reach nearly $3 billion by 2028

    Cross Laminated Timber Market is expected to reach US$ 2.99 Billion in 2028, growing at [...]

UK: Timber organisation calls for government support in the event of power outages

    The Timber Packaging & Pallet Confederation (TIMCON) has asked government to confirm it will act to [...]

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 [...]