Corona Virus

  • Special Reports
  • March 08, 2021 11:38

Pakistan tries to prevent price-related chaos on the import market

Pakistan is experiencing a major economical imbalance caused by the Corona virus pandemic. The country was suffering from issues even before due to depreciation of Rupee; now the situation has further deteriorated. Today 1 US-$ equals around 160 Rupees. As Fordaq experts anticipate, in a few... [more...]

  • Corona Virus
  • March 04, 2021 13:36

Peru: Exports of wood products declined in 2020

The FOB value of semi-manufactured Peruvian wood product exports in 2020 totalled US$55.4 million representing a year on year decline of 31%... [more...]

  • Corona Virus
  • March 04, 2021 12:27

Demand for Bavarian logs is increasing, price has bottomed out

After the worst wood market crisis of the past 30 years, the Bavarian State Forests have seen a consolidation of the wood market and a noticeable increase in the price of softwood...... [more...]

Corona Virus
  • Corona Virus
  • March 03, 2021 13:23

Sharp fall in tropical share of European wood products market

Despite upheaval in the EU27+UK wood market and wider economy in 2020 due to the COVID-19 pandemic, the total dollar value of EU27+UK imports of wood (HS44) and wood furniture (HS94) products fell only 4% to US$21.86 billion euro in 2020...... [more...]

  • Corona Virus
  • March 01, 2021 13:34

Metsä Group reports 4Q and FY 2020 results

Metsä Group’s sales in the 4Q 2020 totalled Euro 1,357.2 million, whereas sales of the corresponding period in the previous year were Euro 1,290.3 million. The comparable operating result was Euro 94 million...... [more...]

  • Corona Virus
  • March 01, 2021 12:16

Malaysia: 2020 timber industry performance

The Malaysian Timber Industry Board (MTIB) has reported last year’s performance of the timber sector. Exports were RM 22.02 bil (RM 22.50 bil in 2019) while total imports were RM 6.81 bil (RM 5.95 bil in 2019)...... [more...]

  • Corona Virus
  • February 26, 2021 14:15

European laminate flooring sector grows 2.74% in 2020 despite pandemic

Despite special circumstances in 2020, Association of European Producers of Laminate Flooring (EPLF) has announced that their members were able to grow their business by 2.74% in comparison to 2019, with 459.0 million m² of flooring sold...... [more...]

  • Corona Virus
  • February 21, 2021 10:52

EU economy projected to grow 3.7% in 2021

According to the EU Winter forecast, the EU economy is expected to contract in the first quarter of 2021 but economic growth should resume in the spring and gather momentum in the summer as vaccination programmes progress and containment measures gradually ease. An improved outlook for the global economy is also set to support the recovery...... [more...]

  • Corona Virus
  • February 17, 2021 12:31

Swiss pellet industry feels growing demand

2020 was another successful year for pellets. 5% more pellets were produced in Switzerland than in the previous year and almost 20% more pellet heating systems were sold...... [more...]

  • Corona Virus
  • February 17, 2021 11:31

Sales in the German furniture industry fall by 3.7 percent in 2020

The German furniture industry turned over 17.2 billion euros last year - a decrease of 3.7 percent compared to the previous year. ..... [more...]

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