Wood
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EU tropical wood imports at historic low in 2024
In 2024, the EU27 imported 1.46 million tonnes of tropical wood and wood furniture products with a total value of US$3.09 billion, respectively 8% and 3% less than the previous year. In quantity terms, this is the lowest level of imports of these products ever recorded since the EU was first formed (as the EEC) in 1957. It is also 19% below the average for the pre-pandemic 2013-2019 period when imports were static at a historically low level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the 2013-2019 period. When account is taken of inflation, import value last year was more than 15% below the pre-pandemic level. Nominal unit prices (not adjusted for inflation) for tropical wood and wood furniture imported into the EU increased again in 2024 after falling the previous year from... Continue reading
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May 6, 2024
Eight U.S. wood groups seek delay of EUDR
A consortium of eight U.S. wood-related trade groups signed a letter requesting the European Commission to push back the mandatory compliance deadline of the EU Deforestation Regulation (EUDR) by 24 months.... Continue reading
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March 11, 2025
EU tropical wood imports at historic low in 2024
In 2024, the EU27 imported 1.46 million tonnes of tropical wood and wood furniture products with a total value of US$3.09 billion, respectively 8% and 3% less than the previous year. In quantity terms, this is the lowest level of imports of these products ever recorded since the EU was first formed (as the EEC) in 1957. It is also 19% below the average for the pre-pandemic 2013-2019 period when imports were static at a historically low level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the 2013-2019 period. When account is taken of inflation, import value last year was more than 15% below the pre-pandemic level. Nominal unit prices (not adjusted for inflation) for tropical wood and wood furniture imported into the EU increased again in 2024 after falling the previous year from... Continue reading
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April 18, 2024
Sanctions are testing the forest industry of Russia’s Karelia
The forest industry of the Republic of Karelia suffers from a lack of machines and spare parts. China has become the most important trading partner.... Continue reading
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November 8, 2023
Global wood prices continue to fall
The global wood market is also going down steeply. The problems on other continents are almost the same as in Europe. Rising interest rates are strangling the housing market and plunging the construction industry into a serious crisis.... Continue reading
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March 11, 2025
EU tropical wood imports at historic low in 2024
In 2024, the EU27 imported 1.46 million tonnes of tropical wood and wood furniture products with a total value of US$3.09 billion, respectively 8% and 3% less than the previous year. In quantity terms, this is the lowest level of imports of these products ever recorded since the EU was first formed (as the EEC) in 1957. It is also 19% below the average for the pre-pandemic 2013-2019 period when imports were static at a historically low level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the 2013-2019 period. When account is taken of inflation, import value last year was more than 15% below the pre-pandemic level. Nominal unit prices (not adjusted for inflation) for tropical wood and wood furniture imported into the EU increased again in 2024 after falling the previous year from... Continue reading
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March 11, 2025
EU tropical wood imports at historic low in 2024
In 2024, the EU27 imported 1.46 million tonnes of tropical wood and wood furniture products with a total value of US$3.09 billion, respectively 8% and 3% less than the previous year. In quantity terms, this is the lowest level of imports of these products ever recorded since the EU was first formed (as the EEC) in 1957. It is also 19% below the average for the pre-pandemic 2013-2019 period when imports were static at a historically low level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the 2013-2019 period. When account is taken of inflation, import value last year was more than 15% below the pre-pandemic level. Nominal unit prices (not adjusted for inflation) for tropical wood and wood furniture imported into the EU increased again in 2024 after falling the previous year from... Continue reading
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November 28, 2023
Tropical wood exporters already need to get prepared for EUDR
Issues surrounding implementation of EUDR featured heavily during the question-and-answer session with members of the Council... Continue reading
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March 11, 2025
EU tropical wood imports at historic low in 2024
In 2024, the EU27 imported 1.46 million tonnes of tropical wood and wood furniture products with a total value of US$3.09 billion, respectively 8% and 3% less than the previous year. In quantity terms, this is the lowest level of imports of these products ever recorded since the EU was first formed (as the EEC) in 1957. It is also 19% below the average for the pre-pandemic 2013-2019 period when imports were static at a historically low level. EU27 import value of tropical wood and wood furniture products last year was only slightly above the annual average of US$3.06 billion during the 2013-2019 period. When account is taken of inflation, import value last year was more than 15% below the pre-pandemic level. Nominal unit prices (not adjusted for inflation) for tropical wood and wood furniture imported into the EU increased again in 2024 after falling the previous year from... Continue reading