Economic outlook - Page 1
Stay up to date with the latest economic outlook news in the global timber industryLatest Economic outlook Update
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.
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Timber imports saw steady growth heading into Q3, TDUK reports
July was the second consecutive month that timber imports were higher than in 2022, according to the latest Timber Development UK (TDUK) statistics.
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
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.
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
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.
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
Tropical wood product imports to the EU27 have reduced to normal levels, according to the International Tropical Timber Organisation’s (ITTO) latest bulletin.
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
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.
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
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.
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
The Construction Products Association (CPA) has reported a continued split in performance between the heavy side and light side construction product manufacturing sectors.
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
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.
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
A massive drop in German construction sector activity is impacting the German sawmilling sector, industry executives have warned.
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
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.
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
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.
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
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.
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
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.
