The German log market has been extremely unpredictable during the first half of 2020. The year started with high demand from the export market and the supply of fresh green logs in tight supply.
Construction activity in the United Kingdom in July accelerated, led by another strong showing in housebuilding. New orders increased for the second month in a row, as lockdown measures eased, and jobsite activity was able to restart.
According to the latest RICS Global Construction Monitor for Q2 2020, construction activity contracted across all region in Q2 due to the lockdowns to control the spread of the COVID-19 virus and the impact of social distancing on jobsite activity.
The International Tropical Timber Organization (ITTO) is reporting that Brazilian exports of wood products (with the exception of pulp and paper) declined -8.5% year-over-year in June 2020.
In the first half of 2020, Belarus, working with Bellesexport and the Belarusian Universal Commodity Exchange Team has shipped 9 container trains, or just over 500 containers of cut timber to China.
In spite of a side deal to the Trans-Pacific Partnership (TPP), intended to ensure stable supply, log exports from Canada to Japan have dropped significantly in recent months.
The United Kingdom’s provider of affordable homes BoKlok UK, which is jointly owned by Skanska and Ikea, has announced the appointment of TopHat to construct its first houses in the UK.
According to data provided by the RF Federal Customs Services, Russia’s exports of sawn goods were down -9.8% year-on-year for the period of January – May 2020.
The Vietnam Administration of Forestry is reporting that in the first six months of 2020, export revenues of forestry product were over 5.3 billion USD.
The Real Estate Institute of New Zealand is reporting that in spite of the COVID-19 pandemic and the predictions of a decline in housing values and sales, in June housing prices increased nationally 9.2%, while sales volume grew by 7%.