European lumber exporters continue to expand their overseas sales markets. Growing them over the past ten years from 30% to 45% and with a fifth of total export production in 2020 going to Asia. Traditionally most of the shipments went to neighboring countries on the continent and about 20% being shipped to the Middle East\Northern Africa, the US and Japan.
Following a complaint brought by the Woodstock Consortium acting on behalf of the Union producers of birch plywood, who represent a majority of the total European Union (EU) production of the product, the EU has launched an anti-dumping procedure for the import of birch plywood from Russia.
The office of the U.S. Trade Representative has announced that they are commencing two investigations under Section 301 of the 1974 Trade Act. One investigation will explore Vietnam’s trade policies related to the import and use of timber.
According to the Natural Resources Institute of Finland (Luke), in 2019, the value of Finland’s exports totaled 65 billion Euro.
Kangaroo Island Plantation Timbers Ltd. (KPT) has advised the three levels of government of its intention to harvest fire-damaged plantations on Kangaroo Island. In order to recover the higher value logs salvage harvesting will being in the area of fire-damaged pine logs.
The newest Ukrainian sawmill, which opened at the end of 2017, is now on the brink of survival.
A recent Reuters poll conducted between September 15th – 29th, disclosed that most major housing markets around the world will not be able to keep up with consumer price inflation in 2021. As a result, they are faced with multiple downside risks, in spite of rising strongly this year amid the COVID-19 pandemic and historically low interest rates.
Russian President Vladimir Putin on Wednesday (9/30) instructed the government to stop the uncontrolled export of untreated timber following a meeting on the development and decriminalization of the timber industry.
Best Wood Schneider GmbH with production site in southern Germany has released more details on their plans to build a state of the art, Euro 80 million sawmill in Meßkirch. The new mill will produce up to 200,000 m3 of lumber and 100,000 m3 of CLT per year.
Following a nine-month probe, South Korea’s Trade Commission has called for anti-dumping duties of 10.65% for five years against Vietnamese plywood products for causing damage to South Korean producers.