Economic outlook - Page 1

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Latest Economic outlook Update

ISC to be hosted in Sicily
08 March, 2024
The International Softwood Conference (ISC) will this year be held in Sicily on October 17-18.
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Softwood imports for 2023 finished higher than 2022, TDUK data shows
Friday, March 08, 2024 Timber imports rallied in 2023 to finish just 2% down on the previous 12 months, with some products even outperforming 2022 levels, according to the latest TDUK statistics.
Timber import volumes among positive market indicators for year ahead
Wednesday, February 07, 2024 Latest timber import statistics from Timber Development UK (TDUK) show the 2023 UK total imported volume is looking likely to be only slightly behind 2022’s figures.
Downbeat economic forecasts shared at TDUK markets conference in London
Thursday, November 09, 2023 UK and international timber traders gathered in strong numbers for Timber Development UK’s Global Market Conference in London on Wednesday at a time of difficult market dynamics.
Timber imports saw steady growth heading into Q3, TDUK reports
Thursday, November 02, 2023 July was the second consecutive month that timber imports were higher than in 2022, according to the latest Timber Development UK (TDUK) statistics.
International Softwood Conference attracts record-breaking delegate numbers
Monday, October 16, 2023 A record-breaking 333-strong crowd of delegates attended this year’s International Softwood conference in Vienna to debate the availability of wood raw materials and other market dynamics.
Scotline warns of increased freight rates for North European short sea routes
Friday, October 13, 2023 Shipping liner service and terminal operator Scotline has warned customers that international regulations and increased fuel and labour costs are leading to a rise in freight rates.
Tropical wood imports to Europe reduce in first five months of 2023
Tuesday, August 22, 2023 Tropical wood product imports to the EU27 have reduced to normal levels, according to the International Tropical Timber Organisation’s (ITTO) latest bulletin.
German sawmilling sector welcomes federal tax incentive plans
Monday, August 14, 2023 The German Sawmill and Timber Industry Association (DeSH) has welcomed the Federal Government’s new tax incentive plan to kick-start the country’s ailing construction industry.
May was top month for UK timber imports so far in 2023
Monday, August 14, 2023 May was the best month for UK timber imports in 2023, with volume growth seen across all major product categories, Timber Development UK (TDUK) says in a new update.
CPA reports continuing heavy side / light side split in fortunes
Thursday, August 10, 2023 The Construction Products Association (CPA) has reported a continued split in performance between the heavy side and light side construction product manufacturing sectors.
Lathams reports annual pre-tax profits of £44.5m
Friday, June 30, 2023 James Latham has reported another year of healthy financial results, with pre-tax profits of £44.5m from revenue of £408.4m for the financial year ended March 31, 2023.
German sawmilling sector warns of impacts from construction downturn
Thursday, June 29, 2023 A massive drop in German construction sector activity is impacting the German sawmilling sector, industry executives have warned.
German sawmilling sector to hold online conference to discuss economic climate
Thursday, June 22, 2023 The German sawmilling industry is to give an online economic update to its members and the press on June 27 in view of what it calls “economic challenges” facing the sector.
Softwood imports resilient in first two months of 2023, says TDUK
Wednesday, June 07, 2023 Latest stats from Timber Development UK show softwood imports in the first two months of 2023 were up 2.4% compared to last year, with totals standing at 462,000m3 in February.
Timber imports decline in 2022 but continue long-term average growth
Monday, March 13, 2023 Imports of the main timber and panel products in 2022 were 2.4 million m3 lower than over the same period in 2021, according to the latest TDUK statistics.
Q4 builders merchant sales figures confirm slowdown
Friday, February 24, 2023 Figures for the final quarter of 2022 published yesterday (23 February) in the Builders Merchants Federation (BMF’s) Builders Merchants Building Index (BMB() found sales through UK builders’ merchants slowing during the final quarter of the year.
More ‘regular’ timber import patterns seen in Q4 2022, says TDUK
Saturday, February 18, 2023 The gap between record 2021 volumes and low 2022 volumes began to close in November 2022, with imports resembling more regular winter totals, according to Timber Development UK (TDUK).
Softwood trade adopts ultra-cautious approach
Friday, February 03, 2023 The economic backdrop is troubling traders but they are finding their way through and some agents and shippers are reporting more interest for February and March shipments. Jerry Wilson reports
Timber import volumes growing long term, despite recent fluctuations
Thursday, December 15, 2022 Average timber import totals from 2010 to 2022 have seen steady growth, despite significant fluctuation in 2021 and 2022, according to the latest statistics from Timber Development UK (TDUK).

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