Europe

Homag reports 13% drop in sales in 2020 due to corona pandemic

  The Homag Group closed the 2020 financial year with a considerable drop in sales due to the challenges [...]

EU wood furniture imports down in 2020

  EU wood furniture imports down 3% in 2020 Considering individual products, the dollar value of EU27+UK imports [...]

German wood industry companies under pressure due to rising lumber prices

       The ongoing price spiral on the German lumber market is putting more and more [...]

Unstable export log markets to China, price corrections expected

  In a period when price corrections are expected, export log markets to China appear with a degree of [...]

Current trends in global sawn softwood market

On February 18, the Wood from Finland Conference 2021 took place organized by Sahateollisuus, the Finnish Member of the European [...]

Bark beetle damage reaches record 40 million m3 in the Czech Republic

The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]

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 [...]

Siempelkamp delivers new particleboard plant to Russia

The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]

European renovation wave to create opportunities for the wood industry

  In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]

New opportunities for Latvian timber exports to the US

At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]