Industry insight - Page 2
Stay up to date with the latest industry insight news in the global timber industry
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.
European panel production drops by 7.8% in 2022
European wood-based panel production reduced by 7.8% in 2022, according to figures just released by the European Panel Federation (EPF).
European wood-based panel production reduced by 7.8% in 2022, according to figures just released by the European Panel Federation (EPF).
TDUK launches guide to understanding low carbon timber construction
Timber Development UK (TDUK) has launched a new guide to understanding options for timber construction.
Timber Development UK (TDUK) has launched a new guide to understanding options for timber construction.
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.
European wood-based panel production dips 5% in 2022, provisional stats suggest
European wood-based panels production fell by more than 6% in 2022 according to provisional figures released by the European Panel Federation (EPF) at the Interzum fair in Cologne.
European wood-based panels production fell by more than 6% in 2022 according to provisional figures released by the European Panel Federation (EPF) at the Interzum fair in Cologne.
TDUK launches Structural Timber Price Index
Timber Development UK (TDUK) is launching a powerful new tool, the Structural Timber Price Index, to help the construction industry assess changes in the UK timber market.
Timber Development UK (TDUK) is launching a powerful new tool, the Structural Timber Price Index, to help the construction industry assess changes in the UK timber market.
Softwood imports see a strong start to 2023, says TDUK
Timber Development UK’s latest reports on timber markets says 2023 started on a high for softwood, with volumes up 12% compared to January 2022.
Timber Development UK’s latest reports on timber markets says 2023 started on a high for softwood, with volumes up 12% compared to January 2022.
Working group reports improved supply and demand balance
Improvements in the balance of product demand and supply have been seen in the past month, according to the latest statement from the Construction Leadership Council’s Product Availability working group
Improvements in the balance of product demand and supply have been seen in the past month, according to the latest statement from the Construction Leadership Council’s Product Availability working group
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
TTJ to celebrate 150th anniversary in 2023
This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
This year marks the 150th anniversary of the Timber Trades Journal (TTJ)!
TDUK charts the shift in UK timber imports patterns
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.
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
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.
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
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).
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
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).
IPPS to return in 2023
The International Panel Products Symposium (IPPS) will return in 2023 at its normal venue in Wales.
The International Panel Products Symposium (IPPS) will return in 2023 at its normal venue in Wales.
TDUK responds to UK prime minister resignation
Timber Development UK (TDUK) has issued a statement following the resignation of UK prime minister Liz Truss.
Timber Development UK (TDUK) has issued a statement following the resignation of UK prime minister Liz Truss.
