Australia and Pacific Region

Global container freight rates at record levels

  Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges [...]

Australia’s log exports collapse due to Chinese import ban

Australia’s log exports fell to a five-year low in December 2020, down 47% on the prior December and [...]

Russia’s log export ban to have a far-reaching impact on global forest product markets

Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.  [...]

Global lumber producers see their profitability go up substantially

Times have been good for lumber producers in 2020, with profitability rising worldwide. Most important lumber producing countries have had [...]

New Zealand log exports expected to rise 12% in 2021 due to strong Chinese demand

New Zealand's forestry exports are expected to increase 8.1 percent due to strong demand for logs from China [...]

Global furniture consumption is estimated to decrease by -10% in 2020

Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]

Prices of imported lumber at main Chinese timber distribution markets in January 2021

    This index contains the latest update (January 2021) for prices of lumber from three major timber [...]

Container shortage impacting prices of timber imports in China

The availability of shipping containers and disruptions to shipping schedules is impacting the flow of Chinese wood product imports.  [...]

Long-term outlook positive for the global forestry machinery market

    The global forestry machinery market, currently valued at around $4 billion, is anticipated to pass $6 [...]