Economic outlook - Page 1
Stay up to date with the latest economic outlook news in the global timber industryLatest Economic outlook Update
Timber imports decline in 2022 but continue long-term average growth
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.
> read more
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.
> read more
Q4 builders merchant sales figures confirm slowdown
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.
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
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).
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
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
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
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).
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).
TDUK responds to Autumn Statement
Timber Development UK (TDUK) has reacted to the Chancellor’s Autumn Statement by imploring the government to provide certainty and stability to help the construction sector.
Timber Development UK (TDUK) has reacted to the Chancellor’s Autumn Statement by imploring the government to provide certainty and stability to help the construction sector.
Wood-based panels manufacturers facing perfect storm this winter
Wood-based panel producers in Europe are likely to face a complicated winter due to the multiple challenges of reduced demand and increased energy and raw material/supply costs, a top industry executive told a 300-strong panel sector audience in Hamburg on October 13.
Wood-based panel producers in Europe are likely to face a complicated winter due to the multiple challenges of reduced demand and increased energy and raw material/supply costs, a top industry executive told a 300-strong panel sector audience in Hamburg on October 13.
Builders’ merchants sales dip recorded in timber, joinery and landscaping in Q2
Q2 sales volumes at UK builders merchants revealed a reverse in timber, joinery and landscaping products.
Q2 sales volumes at UK builders merchants revealed a reverse in timber, joinery and landscaping products.
Nordic sawmillers post record results but signal caution on autumn market dynamics
Nordic sawmillers have reported some record-breaking financial results in recent weeks but are signalling that some highly uncertain times may lay ahead for markets in the autumn.
Nordic sawmillers have reported some record-breaking financial results in recent weeks but are signalling that some highly uncertain times may lay ahead for markets in the autumn.
International Softwood Conference prepares for Copenhagen event
Registration is now open for the 70th International Softwood Conference (ISC) taking place this year in Copenhagen on October 12-13.
Registration is now open for the 70th International Softwood Conference (ISC) taking place this year in Copenhagen on October 12-13.
Timber forum hears signs of reducing demand and consumer confidence
Signs of reducing demand and falling consumer confidence were reported at the most recent Builders Merchants Federation (BMF) Timber Forum in London.
Signs of reducing demand and falling consumer confidence were reported at the most recent Builders Merchants Federation (BMF) Timber Forum in London.
Softwood update: Russian and Belarussian wood in the spotlight
As the invasion of the Ukraine by Russia unfolds and the subsequent humanitarian crisis there grips the world’s attention, trade actions and government sanctions are being imposed by the UK, the EU and countries across the globe, writes TTJ’s Softwood Specialist.
As the invasion of the Ukraine by Russia unfolds and the subsequent humanitarian crisis there grips the world’s attention, trade actions and government sanctions are being imposed by the UK, the EU and countries across the globe, writes TTJ’s Softwood Specialist.
UK construction product availability mostly good, says industry working group
Stock availability for most construction products, including timber, has been described as relatively good in a statement issued by the Construction Leadership Council’s Product Availability working group.
Stock availability for most construction products, including timber, has been described as relatively good in a statement issued by the Construction Leadership Council’s Product Availability working group.
New ONS data points to 10% rate of UK house price inflation
Average UK house prices grew by 10% in the year to November, 2021, according to new data published by ONS.
Average UK house prices grew by 10% in the year to November, 2021, according to new data published by ONS.
Roofing Megastore publishes research into building materials price growth
Online roofing product sales platform Roofing Megastore has completed its own building materials pricing research showing the huge spikes in timber and steel prices in the past year.
Online roofing product sales platform Roofing Megastore has completed its own building materials pricing research showing the huge spikes in timber and steel prices in the past year.
BMBI reports continued strong year-on-year growth
The latest report from the Builders Merchant Building Index (BMBI) reveals that builders’ merchants’ August value sales were 23.0% higher year-on-year, with timber & joinery products once again topping the list of best performing categories (+51.5%).
The latest report from the Builders Merchant Building Index (BMBI) reveals that builders’ merchants’ August value sales were 23.0% higher year-on-year, with timber & joinery products once again topping the list of best performing categories (+51.5%).
TTJ softwood market update: market hits the buffers
After a long run starting in April 2020 of steadily increasing prices fed by softwood shortages and strong demand, the UK trade appears to have hit the buffers with several ports filled to capacity, writes TTJ’s Softwood Specialist.
After a long run starting in April 2020 of steadily increasing prices fed by softwood shortages and strong demand, the UK trade appears to have hit the buffers with several ports filled to capacity, writes TTJ’s Softwood Specialist.
Softwood supply finally catching construction demand, says TTF
More than seven million m3 of timber and panel products were imported by the UK between January and July 2021, according to the latest Timber Trade Federation (TTF) Market Statement.
More than seven million m3 of timber and panel products were imported by the UK between January and July 2021, according to the latest Timber Trade Federation (TTF) Market Statement.
TTF’s David Hopkins talks timber supply on BBC News
Timber Trade Federation CEO David Hopkins has appeared on the BBC TV 6pm news to talk about current timber supply issues affecting the UK.
Timber Trade Federation CEO David Hopkins has appeared on the BBC TV 6pm news to talk about current timber supply issues affecting the UK.
Builders’ Merchants’ sales up year-on-year as industry continues growth trajectory
The latest figures from the Builders Merchants Building Index (BMBI) reveal that year-on-year sales through UK builders’ merchants are on an upward trajectory, as the industry continues to meet sustained high demand for building products.
The latest figures from the Builders Merchants Building Index (BMBI) reveal that year-on-year sales through UK builders’ merchants are on an upward trajectory, as the industry continues to meet sustained high demand for building products.
