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Latest Industry insight Update

CLC working group signals likely impact of rising energy costs on timber prices
13 September, 2022
Rising energy costs are likely to affect timber prices in Q4 and Q1 2023, according to the latest statement from the Construction Leadership Council’s Product Availability working group.
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Builders’ merchants sales dip recorded in timber, joinery and landscaping in Q2
Tuesday, August 30, 2022 Q2 sales volumes at UK builders merchants revealed a reverse in timber, joinery and landscaping products.
TTJ update: softwood market remains subdued
Tuesday, August 30, 2022 UK softwood trading has continued its subdued trend into August with supply far in excess of demand
Nordic sawmillers post record results but signal caution on autumn market dynamics
Tuesday, August 16, 2022 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
Tuesday, August 16, 2022 Registration is now open for the 70th International Softwood Conference (ISC) taking place this year in Copenhagen on October 12-13.
Timber sector can learn from electric vehicle industry’s growth, says TDUK CEO
Tuesday, July 19, 2022 Members of Timber Development UK (TDUK) braved the high temperatures on Monday to converge on RIBA’s offices in London to hear about the organisation’s latest plans to achieve its stated objective of becoming a one-stop shop in the timber industry for information, technical guidance and training.
TTJ Softwood Update: Low consumer confidence weighs on softwood market
Thursday, July 14, 2022 The solid softwood market is uncharacteristically quiet for this time of year, and buyers are reluctant to commit to volumes on the forward market while prices are under pressure. Most merchants attribute weakened demand to a collapse of confidence in the retail and DIY market.
European wood panel production grows 10% in 2021
Friday, July 08, 2022 European wood-based panel production was up 10% in 2021, according to new stats shared at the European Panel Federation’s AGM in Ghent.
James Latham reports exceptional annual financial results
Friday, July 01, 2022 UK leading timber products distributor James Latham plc recorded a 54% growth in sales to £385.4m in the financial year ended March 31, 2022, according to its newly announced annual results.
Timber forum hears signs of reducing demand and consumer confidence
Friday, May 13, 2022 Signs of reducing demand and falling consumer confidence were reported at the most recent Builders Merchants Federation (BMF) Timber Forum in London.
UK Government applies 35% additional import tariffs on Russian wood products
Monday, March 28, 2022 The UK government has added a 35% additional import tariff on Russian and Belarusian wood products.
TDUK releases market statement on supply and demand situation
Wednesday, March 23, 2022 Timber Development UK has released a market statement to provide greater clarity on the current supply and demand situation.
Timber import volumes showing a return to regular winter pattern, says TTF
Friday, February 04, 2022 Timber and panel product import volumes continued to show a steady decline in Q4 2021 as more regular demand returns to the market, according to the latest Timber Trade Federation (TTF) statistics.
Latest BMF Forecast highlights uncertainty within the supply chain
Thursday, February 03, 2022 The latest forecast from the Builders Merchants Federation (BMF) paints a more uncertain picture for 2022 in the light of continuing supply chain issues and inflationary pressures.
Scientists use tree rings to chart historical periods of economic prosperity and downturn
Thursday, January 27, 2022 Scientists have been able to reveal patterns of building activity in the late medieval and early modern era by researching tree felling dates, according to the journal Frontiers.
Construction set for growth despite potential supply issues, says CPA
Monday, January 24, 2022 The Construction Products Association’s (CPA) most recent economic report is forecasting that output in the industry will grow by a robust 4.3% in 2022 before slowing to 2.5% in 2023.
UK construction product availability mostly good, says industry working group
Thursday, January 20, 2022 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.
TTF says stability returns to UK timber supply chain
Monday, January 10, 2022 The UK’s leading timber industry representative body – the Timber Trade Federation (TTF) – says the industry will enter a period of greater stability in 2022 following a year of record imports.
Softwood e-update: Overstocks and lower prices the order of the day
Thursday, December 23, 2021 As imports continued to pile into the UK through September and October, the on-the-ground demand for softwood hit a brick wall leaving most stages of the supply chain over-stocked, writes TTJ’s Softwood Specialist.
BMBI reports continued strong year-on-year growth
Wednesday, October 20, 2021 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%).

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