Wood Furniture

Lack of raw materials threaten wood prices in Vietnam

As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s [...]

Moody’s: Most wood product prices to reach peak level in 2021

The outlook for the global forest products industry remains positive, said Moody’s Investors Service.    The [...]

Wood raw materials in short supply in Germany

    If the scarcity of raw materials on the German wood market continues, pallet producers and other [...]

EU wood product exporters struggle to respond to UK due diligence requests

    One measure already enforced in the UK is the UK Timber Regulation which imposes legality due [...]

Vietnam’s wood products exports skyrocket in Jan.-Feb. 2021

    Vietnam exported over 2.4 billion U.S. dollars worth of wood and wood products in [...]

German timber trade association threatens with lawsuit against lockdown

Before the federal-state consultations on the corona pandemic on March 3, the The German association for the timber trade [...]

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 [...]

China to reduces tariffs on some wood products

  China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into [...]

Sharp recovery in EU tropical wood product imports

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.75 [...]

Global furniture consumption is estimated to decrease by -10% in 2020

Covid-19 has severely impacted global furniture trade growth – yet recovery is imminent, reports Milan’s Centre for Industrial Studies [...]