Market Analysis

Covid-19 and damaged wood, two major challenges of the German sawmill industry

In the German economy, Corona has led to a severe slump. The gross domestic product (GDP) in the 2nd quarter [...]

Prices of roundwood under pressure in Estonia

Stilll under the influence of the Covid-19 pandemic and the price pressure of the bark beetle infestation in Central [...]

Recovery of the European wood flooring market driven by renovation

The south of Europe which had experienced the toughest restriction measures during spring had been harshly hit but its parquet [...]

Vietnamese wood product exporters advised to take actions to optimise US market

Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to [...]

Canadian softwood lumber market outlook in 2020/2021

The main driver for Canadian softwood lumber production is not domestic consumption, but rather exports— and exports to the US [...]

Chinese investors to open processing plants in Russia due to timber export ban

Russia's ban on the supply of unprocessed timber abroad will encourage Chinese businessmen to open timber processing plants in [...]

IKEA loses 1.5 billion euros due to coronavirus crisis

     IKEA announced retail sales of 35.2 billion euros in the financial year to September. That [...]

European construction sector recovers from Covid-19 pandemic

The European construction sector was severely affected by the pandemic in April but recovered strongly in most countries in the [...]

Sawmills in Sweden defy coronavirus crisis

Current situation of the Swedish forest industry     Swedish demand for sawn wood products has decreased by [...]

Market slowdown in Finland caused reduced timber prices

   Slowdown in the timber market reduced timber prices in Finland   Ongoing quiet year will turn into [...]