{"id":87744,"date":"2024-06-18T06:21:36","date_gmt":"2024-06-18T06:21:36","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/stability-and-optimism-reported-at-carrefour-timber-exhibition\/"},"modified":"2025-09-19T09:02:15","modified_gmt":"2025-09-19T09:02:15","slug":"stability-and-optimism-reported-at-carrefour-timber-exhibition","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/stability-and-optimism-reported-at-carrefour-timber-exhibition\/","title":{"rendered":"Stability and optimism reported at Carrefour timber exhibition"},"content":{"rendered":"

Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market is steadying after a challenging 2023-early 2024. <\/span>The broad consensus was that trade would remain at about the same level as last year, although some went as far as predicting improvement, albeit modest and gradual.At the same time, trade issues and challenges were also raised. They included rising freight rates, administrative delays in securing export paperwork and the latest tropical hardwood CITES Appendix II listings.<\/p>\n

Another key topic of discussion at the show was the time and effort businesses must invest in preparing for the EU Deforestation Regulation (EUDR). There is now just six and a half months before it comes into force. It will require that operators and large traders placing timber and other \u2018forest and eco-system risk commodities\u2019 (FERCS) on the EU market, or exporting them from it, undertake due diligence to ensure they are deforestation-free, legal, and accompanied by geolocation coordinates of the \u2018plot of land\u2019 where they originated.<\/p>\n

Carrefour cemented status as a global event<\/strong><\/p>\n

The show itself maintained its record of growing and evolving each time it comes around. Visitors and exhibitors alike also said it further cemented its status as Europe\u2019s leading all-timber trade show and as a global event.<\/p>\n

According to the organizers, visitor numbers were down around 500 from 2022\u2019s record 14,000. But exhibitors attributed the bumper total two years ago to the post-Covid bounce that boosted the timber market globally. They also pointed out that this year\u2019s attendance was over 17% up on the previous all-time high in 2018 (the 2020 show was canceled due to the pandemic).<\/p>\n

The show occupied more space this year at Nantes\u2019 Beaujoire fairground. Another change was the sectoral compartmentalization of the event, with individual halls dedicated to flooring, wood-based panels, timber building and construction services, and sawmills, timber trade and forestry. This, said attendees, made it easier to navigate.<\/p>\n

Market perceptions and economic indicators<\/strong><\/p>\n

While acknowledging their market perceptions were yet to be underpinned with categoric statistics, exhibitors also felt show attendance indicated the mood of the wider European timber sector was on the turn, after the 18-month cost of living crisis hit consumer and business spending across the board.<\/p>\n

The return of confidence, albeit, as one exhibitor described it, \u2018embryonic\u2019, was attributed to inflation decreasing (and the EU area rate was down to 2.6% in May from a 2022 peak of over 10%) and the prospect of lower interest rates.<\/p>\n

The European Central Bank reduced its rates for the first time in five years just days after the CIB in June to 3.75%. ECB president Christine Lagarde cautioned they were not necessarily now on a \u2018linear path\u2019 downwards, but according to a Reuters report, financial commentators expect a further cut this year and three or four in 2025.<\/p>\n

\"\"<\/a>Perspectives from UK and EU importers<\/strong><\/p>\n

A UK tropical timber importer-distributor at the CIB acknowledged trade was currently \u2018sluggish\u2019. \u201cThere\u2019s plenty of wood on the ground \u2013 whatever you want, sapele, meranti, eucalyptus grandis, you can get it,\u201d they said. \u201cHowever, trade is on more of a level, and against the backdrop of the recent challenging economic conditions, level is not a bad thing. And the forecast recovery in building into 2025 spells a healthier joinery sector.\u201d<\/p>\n

A leading EU importer trader at the CIB agreed that the volatility of the market had \u2018subsided\u2019 and was expecting its European turnover and volumes through 2024 to remain around 2023 levels. \u201cAnd in some countries we are seeing improvement, notably France and Belgium,\u201d said a spokesperson.<\/p>\n

Another importer thought that the fraught geopolitical situation was also \u201cless of a depressant on business\u201d. \u201cIt seems companies and consumers have now factored it in, and its effect on purchasing decisions is less,\u201d they said.<\/p>\n

Positive market indicators and future prospects<\/strong><\/p>\n

A Europe and Africa-based concession holder, processor and value-added goods producer took a similar line. \u201cIn the second half of 2023 business slowed down, but the market is stabilizing and many of the visitors to our stand have been positive about prospects,\u201d said a company spokesperson. \u201cWe\u2019ve also seen people from a wider geographic spread than at the last CIB, indicating more confidence internationally. We\u2019ve had visitors from China, Vietnam, the US, and North Africa and, in particular, a lot from the Middle East.\u201d<\/p>\n

Underlining the company\u2019s own long-term confidence, it was highlighting its latest investment at its Congo Basin subsidiary in further-processed products. It is expanding its edging and other machining capabilities, increasing kilning capacity, and has installed a large-scale new finger-jointing line.<\/p>\n

\u201cWe see our future increasingly in value-added tropical timber products,\u201d said the spokesperson. \u201cAnd we have further developments in the pipeline.\u201d<\/p>\n

Growing sales in engineered tropical hardwoods<\/strong><\/p>\n

Another EU importer trader at the show said they were also growing their sales in engineered tropical hardwoods.<\/p>\n

\u201cIt\u2019s becoming a very competitive commodity market, but it is important to move in this direction for the future of the tropical trade, to increase producer country revenue and boost yield,\u201d said a spokesperson. \u201cWe are developing sales in laminated and finger jointed products for windows and doors.\u201d<\/p>\n

The same company is also increasing its focus on certified sustainable lesser-known tropical timber species (LKTS). This was seen as important on environmental grounds, to reduce supply stress on more commonly used species and help make certified sustainable forest management more economically viable. But the move was also aimed at ensuring\"\"<\/a> timber availability and broadening customer choice.<\/p>\n

Promoting South American alternatives and sustainable practices<\/strong><\/p>\n

With cumaru and ipe among recent CITES Appendix II listings, the company was offering a range of South American alternatives.<\/p>\n

\u201cWe\u2019re promoting balsamo, tanimbuca, sucupira preta and jutai, all ideal for decking,\u201d said a spokesperson.<\/p>\n

The company also highlighted substitutes for Siberian larch, which is barred from EU and UK markets by trade embargoes on Russia.<\/p>\n

\u201cThermo-treated temperate hardwoods and Douglas fir are being seen as alternatives and we\u2019re also focusing on ayous and louro vermelho, which performs particularly well as cladding,\u201d said a spokesperson.<\/p>\n

Overcoming conservatism in the UK joinery sector<\/strong><\/p>\n

A UK importer-distributor said it remained a challenge to overcome UK joinery sector \u201cconservatism\u201d about using LKTS.<\/p>\n

\u201cThe unpredictable density of some of these species is a particular issue for joiners,\u201d they said. \u201cBut we think the opportunity for them is in engineered, finger jointed and laminated goods, which can help overcome this issue as they need less processing, and you can sell them on end use rather than species. In fact, we\u2019re going to West Africa soon especially to evaluate new engineered hardwood sourcing possibilities. Currently we\u2019re buying African timber-based engineered products made by Malaysian manufacturers.\u201d<\/p>\n

Another EU-African business agreed on the importance of developing tropical LKTS.<\/p>\n

\u201cTwo we are currently developing are olon and olonvogo,\u201d said a spokesperson at the CIB. \u201cOlonvogo is a particularly good alternative to iroko, which increasingly we cannot source in sufficient volume to meet demand.\u201d<\/p>","protected":false},"excerpt":{"rendered":"

Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market is steadying after a challenging 2023-early 2024. The broad consensus was that trade would remain at about the same level … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nStability and optimism reported at Carrefour timber exhibition - 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\/stability-and-optimism-reported-at-carrefour-timber-exhibition\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stability and optimism reported at Carrefour timber exhibition - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market is steadying after a challenging 2023-early 2024. 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