Wood Furniture

Mixed developments in China-EU wood products trade

According to China Customs in the first nine months of 2022 China’s log imports fell 32% to 33 million [...]

Välinge’s parent company acquires Croatian furniture maker

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group in Sweden, has through its subsidiary V [...]

Indonesian timber imports into the EU threatened by new deforestation law

    Indonesian officials have slammed the European Union’s proposal of a regulation that they say negates [...]

Latvia: Wood prices have reached a temporary low, no further falls expected

    Latvian wood processing company SIA "Kronus" predicts for the fourth quarter of 2022 that wood prices [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]

Indonesia slows wood product exports to China and US

According to data recently released by the Indonesian Ministry of Environment and Forestry, as of September this year, Indonesia's [...]

Mood in the German timber industry has improved slightly in October

After a temporary low point at the start of autumn, the mood in the German timber industry improved in October [...]

Vietnam’s wood trade under pressure due to logging, Ukraine war

Reputational risks are piling up for a Vietnamese lumber industry already beset by a falloff in demand from the heights [...]

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial year and the UK was [...]

German timber industry expects negative developments in the coming months

The situation in the German timber industry is clouding over despite increased sales in the first half. This is what [...]