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Stay up to date with the latest industry insight news in the global timber industry

Latest Industry insight Update

TTJ to celebrate 150th anniversary in 2023
24 January, 2023
This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
> read more
TDUK charts the shift in UK timber imports patterns
Wednesday, January 11, 2023 The latest timber import statistics from Timber Development UK (TDUK) chart a “considerable” shift in timber trading patterns in 2022, with the Republic of Ireland, Latvia, and China supplying significant volumes to the UK.
Working group reports good timber availability and further price reductions
Tuesday, January 03, 2023 Timber availability is currently described as good with further reductions in prices due to the large amount of stock already in the UK and reduced shipping costs, according to the latest update from the Construction Leadership Council’s Product Availability working group.
African mills feel the effects of reduced Chinese demand
Friday, December 16, 2022 African sawmill and plywood facility operators are encountering significant difficulties due to reduction in demand from the Chinese market, according to the latest bulletin from the International Tropical Timber Organisation (ITTO).
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).
IPPS to return in 2023
Tuesday, November 15, 2022 The International Panel Products Symposium (IPPS) will return in 2023 at its normal venue in Wales.
TDUK responds to UK prime minister resignation
Thursday, October 20, 2022 Timber Development UK (TDUK) has issued a statement following the resignation of UK prime minister Liz Truss.
CLC working group signals likely impact of rising energy costs on timber prices
Tuesday, September 13, 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.
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.

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