{"id":76599,"date":"2018-10-23T09:15:18","date_gmt":"2018-10-23T09:15:18","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eu-sawn-hardwood-consumption-forecast-remain-latent\/"},"modified":"2025-09-19T08:49:14","modified_gmt":"2025-09-19T08:49:14","slug":"eu-sawn-hardwood-consumption-forecast-remain-latent","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eu-sawn-hardwood-consumption-forecast-remain-latent\/","title":{"rendered":"EU sawn hardwood consumption forecast to remain latent"},"content":{"rendered":"

The UNECE Committee on Forests and the Forest Industry (COFFI) released their Annual Market Review 2017-2018, together with several market statements by national governments in the UNECE region (which includes the sub-regions of Europe, North America and the CIS), in advance of their 76th session to be held in Vancouver on 5-9 November.<\/em><\/p>\n

COFFI report that total consumption of sawn hardwood in Europe fell by 3.8% in 2017, to 12.6 million cu.m, due primarily to a 6% fall in consumption in Turkey, the subregion\u2019s largest national market for sawn hardwood. This was driven by falling domestic production which accounts for the large majority of wood supply in Turkey.<\/p>\n

COFFI forecast no significant change in the overall market for sawn hardwood in Europe during 2018, with stasis in consumption (12.6 million cu.m), production (14.0 million cu.m), imports (5.0 million cu.m) and exports (6.3 million cu.m).<\/p>\n

According to COFFI data, European apparent consumption of sawn tropical hardwood was flat at around 1.12 million cu.m per year between 2016 and 2018.<\/p>\n

Consumption of tropical sawn hardwood was stable in most European countries, although a continuing fall in France was offset by a rise in the Netherlands.<\/p>\n

As Europe\u2019s tropical log imports have fallen to a negligible level, Europe\u2019s demand for tropical sawnwood is now fed by direct imports from the tropics.<\/p>\n

The key trend in European sawn hardwood markets highlighted by COFFI is the continuing strong preference for European oak, for which prices continued to increase in 2017 and the first half of 2018. According to COFFI, this rising trend is likely to continue.<\/p>\n

European oak log prices are escalating partly because of increased overseas demand, particularly in China and Vietnam, coupled with log export bans in Croatia and Ukraine.<\/p>\n

Domestic sawn hardwood production has increased in Croatia, a key supplier of good quality oak to the rest of Europe. Croatian production nearly doubled in the five years to 2017, to 1.4 million cu.m, and now accounts for 10% of European production. However, this has been insufficient to offset the shortfall in total European oak supply.<\/p>\n

Due to supply shortages most European sawmills now require orders for oak to be placed well in advance and insist that their customers purchase lesser grades to secure the prime grades. Supplies of beech, on the other hand, are not so restricted and prices are more stable.<\/p>\n

While overall sawn hardwood consumption in Europe has changed little in the last three years, COFFI highlight various trends in consumer sectors with significant potential to change the future direction of trade and utilisation of hardwood in Europe.<\/p>","protected":false},"excerpt":{"rendered":"

The UNECE Committee on Forests and the Forest Industry (COFFI) released their Annual Market Review 2017-2018, together with several market statements by national governments in the UNECE region (which includes the sub-regions of Europe, North America and the CIS), in … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715],"tags":[3291,3981],"class_list":["post-76599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","tag-eu","tag-sawn-hardwood","topic-forestry","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"\nEU sawn hardwood consumption forecast to remain latent<\/title>\n<meta name=\"description\" content=\"COFFI report that total consumption of sawn hardwood in 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