IKEA’s FY sales jump as it starts to lower prices
Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial year and the UK was [...]
October 24, 2022
Companies in the timber industry / Latest Trends / ...Wood Furniture / Europe
German timber industry expects negative developments in the coming months
The situation in the German timber industry is clouding over despite increased sales in the first half. This is what [...]
September 26, 2022
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Wood Energy / Wood Furniture / Wood-based Panels / Europe
Vietnamese timber exporters struggle to find new markets
Contrary to full orders at the beginning of the year, Vietnamese wood and wooden furniture enterprises [...]
September 13, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East
German timber trade suffers from high energy costs
In August, the German Timber Trade Association (GD Holz) carried out a survey on the increased [...]
September 11, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Industry Prices / Forestry / Pulp & Paper / Sawmilling / Wood Energy / Wood Furniture / Wood-based Panels / Europe
Ukraine war creates new opportunities in the EU market for some tropical wood products
Between April and June this year, EU27 import value of tropical wood and wood [...]
September 7, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Construction / Wood Furniture / Wood-based Panels / Africa / Asia & Middle East / Europe / Russia / South America
Ikea announces further investments in Chinese market
Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]
August 31, 2022
Companies in the timber industry / Latest Trends / ...Wood Furniture / China / Europe
Shortage of wood in Poland
The sanctions imposed on Russia in connection with the invasion of Ukraine have caused a shortage of wood in Poland [...]
August 18, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Construction / Wood Furniture / Europe
Unprecedented period of change in European wooden furniture sector
The last two and half years, marked from the start of 2020 by the Covid-19 [...]
August 9, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Wood Furniture / Europe
IKEA to sell its four plants in Russia
The Swedish retailer IKEA plans to sell its plants in Russia. The [...]
June 21, 2022
Companies in the timber industry / Latest Trends / ...Wood Furniture / Europe / Russia
Skyrocketing wood prices in Japan due to Ukraine war
The war in Ukraine has inflated the cost of timber in Japan. Russia’s retaliatory measures [...]
June 16, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Furniture / Asia & Middle East / Russia
