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The challenges facing the European economy are highlighted in EU’s Winter 2024 Economic Forecast published on 15 February. This indicates that GDP expanded by only 0.5% in both the EU and the euro area during 2023. Growth of only 0.9% is now projected in the EU and 0.8% in the euro area in 2024.... [more...]
According to data from the Vietnam's Department of Forestry (Ministry of Agriculture and Rural Development) in the first 2 months of 2024, the export value of wood and forest products is estimated to have reached US$2,68 billion, an increase of 47% over the same period last year.According to data from the Vietnam's Department of Forestry (Ministry of Agriculture and Rural Development) in the first 2 months of 2024, the export value of wood and forest products is estimated to have reached US$2,68 billion, an increase of 47% over the same period last year.... [more...]
The 20th edition of the Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), achieved remarkable success this year as it arranged an eventful show. It attracted 14581 visitors from various countries worldwide, reaffirming its importance and leadership position in the region’s wood industry.... [more...]
Vietnam’s wood and forestry sector is aiming to export 15.2 billion USD worth of its products this year, an increase from the 14.47 billion USD last year which was down 15.4% from 2022.... [more...]
The European Woodworking Industries are greatly concerned regarding information disclosed about the EU Deforestation-Free Products Regulation (EUDR)...... [more...]
The global threats to climate, biodiversity and a healthy environment are mainly caused by the excessive use of non-renewable materials. The Food and Agriculture Organization of the United Nations (FAO), in collaboration with the International Tropical Timber Organization (ITTO) and Unique Consultancy, elaborated a Global Forest Sector Outlook 2050 to assess the capacity of wood supply to support a sustainable bioeconomy. ... [more...]
Euro 2.7 million of roundwood was purchased from Slovenian private owners in December 2023, which was about 38% less than a month before (due to lower quantities of purchased roundwood),... [more...]
China's log imports fall in 2023. China's log imports in 2023 totalled 38.03 million cubic metres, valued at $6.383 billion, a 13% year-on-year decline in volume and a 25% year-on-year decline in value, according to Chinese customs data.... [more...]
Vietnam has targeted earning US$16 billion from the export of wood and wood products this year given the prospects in certain markets according the Ministry of Agriculture and Rural Development (MARD).... [more...]
The total value of exports of US hardwood lumber and veneers to India in 2023 was US$8.482m, according to the American Hardwood Export Council (AHEC).... [more...]