Archives: August 2023

Finland’s softwood lumber down by 34% in Jan.-May 2023

In January-May the exports value of Finland's forest industry products totalled EUR 5.30 billion. Of the exports [...]
August 9, 2023 Latest Trends

Uncertainties in Belgium’s wood industry: softwood lumber decline, steady hardwood market

The market for softwood lumber in Belgium has been declining since 2022 due to reduced activity in the building sector [...]
August 8, 2023 Latest Trends

Austria: Wood prices have fallen sharply this year

After price records in the pandemic years 2020/2021, the sales markets for wood in Austria have literally collapsed in [...]
August 8, 2023 Latest Trends

Homag Group reports fall in order intake in H1/2023

Following the very strong previous years, the Homag Group’s order intake declined in the first half of 2023. The [...]
August 8, 2023 Latest Trends

Sinclar to permanently curtail its operations Nechako Lumber Co. in Canada

Sinclar Group Forest Products Ltd. is curtailing its lumber operations at Nechako Lumber Co. in Vanderhoof, Canada, as a result [...]
August 8, 2023 Latest Trends

Polish wood industry in crisis, urges government support

The wood industry in Poland is facing an unprecedented crisis, prompting entrepreneurs operating in the sector to issue an "Open [...]
August 4, 2023 Latest Trends

Vida’s CEO appointed President of Canfor Europe

Måns Johansson has been Vida's CEO since 2019 and before that was sales manager for the group. Now [...]
August 4, 2023 Latest Trends

Logging restrictions and falling demand cause falling log prices in Latvia

The decline in construction volumes has significantly reduced the need for construction materials in the Baltic Sea region, and as [...]
August 4, 2023 Latest Trends

Södra posts lower result due to deteriorating market conditions

Swedish group Södra posted a lower result for the second quarter of 2023. The report reflects the deteriorating market [...]
August 4, 2023 Latest Trends

Subdued outlook for revenue and earnings development of the Egger Group

Egger Group closes financial year with revenue of EUR 4.45 billion in an extremely volatile environment. Overall economic downturn [...]
August 4, 2023 Latest Trends