Australia and Pacific Region

New Zealand: Falling log exports and prices to China

According to the latest import and export data released by the customs, the overall export of New Zealand radiata pine [...]

China: Hopes that Covid restriction easing would bring back wood demand

Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]

India: Weak log and sawn timber import market

Activity in Gandhidham is slow to recover after the Diwali holidays due to negative sentiment. Log importers and sawmills report [...]

Global container freight rates falling sharply

For more than two years the only way for container shipping prices was up. That trend is now reversing as [...]

New Zealand’s log export prices continue to fall due to low demand in China

    Prices for export logs reduced an average of 6 NZD per JASm3 across ports in New [...]

China: Stable softwood log imports; pricing could improve next year

    China softwood log inventory is stable at about 3.5m m3 and port off-take is [...]

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 [...]

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 [...]

China’s timber market report in October 2022: Import prices continue to fall

    According to the data of the General Administration of Customs of the People's Republic of [...]

Global demand for timber could grow fourfold by 2050

    The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and [...]