IKEA warns of imminent price increases
IKEA has warned of imminent price increases, as it revealed its financial results for FY21 (to [...]
November 9, 2021
Latest Trends / Market Analysis / ...Industry Prices / Wood Furniture / Europe
Global supply chain crisis could extend into 2023
The supply chain crisis threatening the global economy risks lasting at least another year unless governments [...]
October 28, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / North America / South America
Vietnamese wood sector expected to pull up its exports after production halts
The rise in COVID-19 cases in Vietnam has caused productions to halt in August and [...]
October 26, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East
IKEA expects that product shortages to last well into summer of 2022
Ikea has become the latest retailer to warn on supply chain problems, saying on Thursday that stock shortages were likely [...]
October 21, 2021
Companies in the timber industry / Latest Trends / ...Wood Furniture / Europe
IKEA to shift production to Turkey due to global supply chain problems
Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]
October 15, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Furniture / Europe
US furniture maker wins lawsuit against shipper
American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping. [...]
October 13, 2021
Wood Furniture / North America
Vietnamese wood processors shut down temporarily
Although Vietnam’s wood and wood exports grew by more than 62% (year-on-year) in [...]
October 13, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East
US and Vietnam reach timber deal avoiding tariffs
The US and Vietnam reached an agreement over illegally harvested and traded timber that will see the Asian nation avert [...]
October 11, 2021
Latest Trends / Market Analysis / ...Sawmilling / Wood Furniture / Wood-based Panels / Asia & Middle East / North America
Polish timber industry in crisis; calls for wood export ban
The wood sales system proposed by the Poland's State Forests for 2022 is a catastrophe [...]
October 7, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Furniture / Europe
Power cuts in China hit factories
Power rationing and forced cuts to factory production in China are widening amid electricity supply issues [...]
October 4, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood Furniture / Wood-based Panels / China
