{"id":80537,"date":"2021-04-07T14:15:39","date_gmt":"2021-04-07T14:15:39","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eu-plywood-companies-report-good-profits-supply-struggle\/"},"modified":"2025-09-19T08:55:05","modified_gmt":"2025-09-19T08:55:05","slug":"eu-plywood-companies-report-good-profits-supply-struggle","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eu-plywood-companies-report-good-profits-supply-struggle\/","title":{"rendered":"EU plywood companies report good profits, but supply a struggle"},"content":{"rendered":"<div class=\"article-content\">\n<p><em>The good news from the majority of European hardwood plywood importers interviewed March 2021 was that they were making money. They reported demand ranging from firm to booming across the market, from the construction and DIY sector to merchants and furniture makers.<\/em><\/p>\n<p>Moreover, customers were willing to pay a healthy price. \u201cIf you can\u2019t make a good margin in the current climate, you never will,\u201d said one importer.<\/p>\n<p>Another reported their customers \u2018accepting the real value\u2019 of plywood and timber generally. \u201cTraditionally most view plywood as a stack it high, sell it cheap commodity, but the market situation is such now that they\u2019re having to pay more like its true worth\u201d they said.<\/p>\n<p>\u201cThere\u2019s strong demand and less opportunity to play suppliers off against each other. We\u2019re experiencing less negotiating from customers and less bad debt. It\u2019s definitely a seller\u2019s market.\u201d<\/p>\n<p>The less good news for importers is the manufacturing and supply situation. Demand is growing globally, while output is constrained by a range of factors. Notable among these is manufacturers either running short of staff due to Covid-19 and still operating pandemic safe work practices or taking time to gear up production as lockdown rules are relaxed.<\/p>\n<p>The result is extended lead times, importers only being able to obtain a percentage of usual order volumes and gaps in some specifications.<\/p>\n<p>Manufacturers\u2019 prices also continue to climb and while, to date, the market seems to have been able to absorb them, some fear there is increasing danger of the market overheating.<\/p>\n<p><strong>Soaring freight rates<\/strong><\/p>\n<p>The other key concern in the sector is soaring freight rates, notably in containerized trade. With global container distribution disrupted by the pandemic, shippers out of Asia have been naming their price. Importers report fiveand six-fold rises over the last six months, some even more.<\/p>\n<p>\u201cI\u2019ve never known such high container rates in my entire career,\u201d said one trader. \u201cIt\u2019s just not realistic or sustainable, and at some point there has got to be an adjustment, which could itself create market turmoil. It\u2019s becoming quite a dangerous situation.\u201d<\/p>\n<p>After the first wave of the pandemic last year, European plywood importers reported business starting to recover from May onwards.<\/p>\n<p>\u201cIt was slow to start with, obviously, we did a fraction of our trade from March through May and, ultimately, we weren\u2019t able to make up the difference. But from JuneJuly onwards we\u2019ve seen exponential growth \u2013 it just hasn\u2019t stopped,\u201d said a UK-based importer.<\/p>\n<p>\u201cA lot of latent energy built up in the market during the first pandemic lockdown and when it was relaxed that pent up demand was unleashed. Construction projects that were paused came back on stream and new ones started up. And we didn\u2019t see much of a slowdown during the subsequent lockdowns due to second and third waves of pandemic in November and January \u2013 nothing like March-April 2020. We think that\u2019s because businesses by this time had adapted to pandemic work practices, notably in construction, so were able to maintain higher output levels.\u201d<\/p>\n<p>In some European countries, the building sector was also reported \u2018barely to have slowed down\u2019 through the entire course of the pandemic and so was well placed to pick up the pace as their wider economies emerged from lockdown.<\/p>\n<p>\u201cIn Germany and the Netherlands in particular we saw only a marginal decrease in activity,\u201d said one agent importer.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The good news from the majority of European hardwood plywood importers interviewed March 2021 was that they were making money. They reported demand ranging from firm to booming across the market, from the construction and DIY sector to merchants and &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/eu-plywood-companies-report-good-profits-supply-struggle\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":65637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716,4715],"tags":[3369,3291,3256,4032],"class_list":["post-80537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","category-market-analysis","tag-companies","tag-eu","tag-plywood","tag-supply","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU plywood companies report good profits, but supply a struggle - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/eu-plywood-companies-report-good-profits-supply-struggle\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU plywood companies report good profits, but supply a struggle - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The good news from the majority of European hardwood plywood importers interviewed March 2021 was that they were making money. They reported demand ranging from firm to booming across the market, from the construction and DIY sector to merchants and &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/eu-plywood-companies-report-good-profits-supply-struggle\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T14:15:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:55:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/plywood-65.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"635\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"EU plywood companies report good profits, but supply a struggle\",\"datePublished\":\"2021-04-07T14:15:39+00:00\",\"dateModified\":\"2025-09-19T08:55:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/\"},\"wordCount\":579,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/plywood-65.jpg\",\"keywords\":[\"companies\",\"EU\",\"plywood\",\"supply\"],\"articleSection\":[\"Companies in the timber industry\",\"Latest Trends\",\"Market Analysis\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/eu-plywood-companies-report-good-profits-supply-struggle\/\",\"name\":\"EU plywood companies report good profits, but supply a struggle - 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