US
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Proposed tariff hikes on US wood imports could raise domestic prices
Higher tariffs proposed by President-elect Donald Trump could significantly impact the wood products sector, potentially increasing import taxes on a key trade commodity.... Continue reading
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Sharp fall in EU softwood lumber exports to US
EU softwood lumber exports to the US fell significantly in the first nine months of 2024 compared to the same period in 2023.... Continue reading
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December 19, 2024
Proposed tariff hikes on US wood imports could raise domestic prices
Higher tariffs proposed by President-elect Donald Trump could significantly impact the wood products sector, potentially increasing import taxes on a key trade commodity.... Continue reading
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August 30, 2023
U.S.-Vietnam meeting indicates possible future tariffs on timber imports
Nearly two years after the reaching an agreement that avoided Section 301 tariffs on imports from Vietnam, the U.S. indicated concerns about Hanoi’s implementation of that agreement.... Continue reading
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May 12, 2024
U.S. to allow wood imports from Russia
The U.S. Treasury Department suddenly announced that it would allow U.S. companies to continue to conduct energy-related transactions with major Russian banks, including VTB, Sberbank, Alfa Bank and St. Petersburg Bank.... Continue reading
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December 17, 2024
China takes measures to counter US tariff threats
In a bid to stabilize its economy and combat rising trade tensions, China has vowed to increase its budget deficit, ramp up borrowing, and loosen its monetary policy. These measures are designed to counter the potential economic impact of heightened tariffs from the United States under President Donald Trump’s return to office.... Continue reading
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June 16, 2022
Brazil boosts plywood exports to EU as falling supplies to US
In May, Brazil reduced plywood exports to the U.S. by 38% year-on-year to 101 thousand m3. At the same time, the country doubled plywood deliveries to the European Union, up to 89 thousand m3. In particular, deliveries to the UK jumped by 69% to 20 thousand tons. m3, supplies to Germany increased by 46% to 20 thousand m3. Brazil's plywood exports to Belgium and Italy doubled. Brazil’s exports of plywood dipped 4.3% year-on-year to 264.8 thousand m3 in May. The value of exports fell 16% to $112 million. Average price of plywood declined 12% to $422 per m3. In May, Florida Сourt’s permanent injunction suspended sale of Brazilian plywood in the U.S. Judge Roy Altman entered a permanent injunction requiring the revocation of all PS 1 certificates issued by PFS-TECO to over a dozen Brazilian mills producing structural plywood for the U.S. market. The decision forces wholesalers... Continue reading
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February 14, 2023
US hardwood lumber expand to MENA region
The total exports of US hardwood lumber and veneer to the Middle East and North Africa region surged by 11% in 2022 to hit $107 million, said a report by American Hardwood Export Council (AHEC) released ahead of a key industry event - Dubai WoodShow. To be held from March 7 to 9 at the Dubai International Exhibition and Convention Centre, the event will see AHEC host a large American Hardwood Pavilion with individual booths occupied by 14 US hardwood exporting companies as well as the Indiana State Department of Agriculture. The 14 companies participating in the pavilion are Allegheny Wood Products, Baillie Lumber, Boss Lumber, Cascade Hardwood, Cummings Lumber, Hardwoods of America, Kamps Hardwoods, Kennebec Lumber, Midwest Hardwood, Missouri Walnut, Nina Company, Oaks Unlimited, Penn-Sylvan International and Wheeland Lumber. According to AHEC, the Mena region remains a very... Continue reading
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December 13, 2023
Global sawmill production falls sharply; turnaround expected in U.S. in 2024
Sawmills in many parts of the world have already reduced production and the trend continues. Central Europe and Canada have decreased the most. In Canada, according to our assessments, sawmill production has been reduced by roughly 20% or roughly 15 million m3 in the last five years.... Continue reading
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December 19, 2024
Proposed tariff hikes on US wood imports could raise domestic prices
Higher tariffs proposed by President-elect Donald Trump could significantly impact the wood products sector, potentially increasing import taxes on a key trade commodity.... Continue reading