According to ITTO, China’s log imports in 2016 totalled 48.73 million cubic metres valued at US$8.082 billion, a year-on-year increase of nine percent in volume and 0.3 percent in value.
The average price for imported logs was US$166 per cubic metre, a year on year decline of eight percent.
Of total log imports, 2016 softwood log imports rose 13 percent to 34 million cubic metres, accounting for 70 percent of the national total. The average price for imported softwood logs was US$121 per cubic metre, down slightly on levels in 2015.Read more...
interzum guangzhou 2017, as Asia’s comprehensive woodworking machinery, furniture production and interior decoration trade fair, was held successfully at China import and Export Fair (Pazhou) Complex on March 28-31.
The exhibition has covered an area of 150,000 square meters, with nearly 1,396 exhibiting companies gathering at this flagship event of the industry, and it has attracted over 70,000 professional visitors from all over the world at the event.
During the four days, the show has brought many informative forums to attendees in the present. The topics are very extensive and up to date to woodworking industry, which referred to custom furnishing, colour trends on production, development of top grade melamine material, raw materials used in edgebandings, and the introduction of Swedish Wood industry. Especially for the last seminar, the speakers not only introduced the advantages and good properties of Swedish wood, but also described a lot on the study of wood grading, the measurement of wood moisture content, the methods of wood drying and preservation, and sawn timbers’ market trends, which can benefit a lot to the audience.
Effective Platform For Trade
The exhibition has also provided very effective platform for enterprises to conduct their business deeply, and more bright spots can be found compared to last year.
The CERATIZIT team, who provides comprehensive toolmaker solutions for the whole wood industry, indicated that the fair is quite good, and their booth has been expanded, so that they can discuss the business with their customers conveniently with getting in-depth understanding of each other’s requirements.
Besides, IMA Schelling Group’s representatives said: “We have displayed more brands this time. Except showing our new machinery, we have also added the concept of comprehensive plan including flexible production line of custom furniture and data switching.”
The U.S. Agricultural Trade Office, GZ and American Hardwood Export Council also used this opportunity to invite their customers from all over world to join their networking reception on the night of March 28. They have expressed great appreciation to their members and partners during the evening reception. People can negotiate business further and enjoy the meal at the same time.
Special Place For Conducting Business
The PLAZZA lounge is still the highlight of interzum guangzhou this year, which has been evolved into a marketplace for exchanging ideas, meetings and trades. Exhibitors and visitors can enjoy comfortable business discussion in a more relaxing environment.
interzum Guangzhou 2017 has opened with larger area for more exhibitors and visitors. As a world-renowned and professional trade fair, it has brought great chances for exhibitors and visitors to discuss business and seal the deal and all the audience can get latest information about woodworking industry timely. The next edition will be held in conjunction with the China International Furniture Fair (CIFF) from 28 - 31 March.Read more...
Polskie Radio reported that Poland is the sixth largest manufacturer and the fourth largest exporter of furniture in the world in terms of value, according to the Polish Chamber of Commerce of Furniture Manufacturers.
According to estimates, the value of furniture production in 2016 reached PLN 42.45 billion (EUR 9.84 bn/USD 10.43 bn).
"Poland is the sixth largest producer and the fourth largest exporter of furniture in the world, with a 6.3 percent share of global exports of furniture," said Head of the Office of the Polish Chamber of Commerce of Furniture Manufacturers, Michał Strzelecki, at a press conference on Monday.
According to Strzelecki, furniture is the fourth largest group of goods exported from Poland, shipped mainly to Germany (36 percent of Poland's furniture exports in 2016), the UK (8 percent), the Czech Republic (7 percent), France (6 percent) and the Netherlands (5 percent).Read more...
According to insider, it reports that the combination of a highly competitive market and an increase in costs has hit profits at a Surrey-headquartered manufacturer of high-end office furniture during a year of consolidation and restructure, Insider can reveal.
Sven Christiansen is a privately-owned furniture manufacturing company, grown from a partnership established in 1974. The business designs and makes office desk systems, reception desks, conference and meeting tables, office screens and wall storage systems.
It operates from a head office and showroom in Guildford, a factory in the West Midlands (Kingswinford) and a showroom in Cumbernauld, Scotland, which opened earlier this year. The company is also set to open a London Design Studio in Clerkenwell this month.
Sven generated revenues of £12.22m in the financial year to 30 September 2016, newly filed accounts at Companies House have revealed, a marginal increase from £12.19m a year earlier.
But pre-tax profits fell from £337,476 to £229,127, which the business blamed on a rise in manufacturing costs, a highly competitive market and heightened exchange rate uncertainty in the final quarter of the year.
Sven’s corporate structure underwent change during the year (May 2016) as managing director Andrew Ralph sold his interest in the business and left the company, which is now wholly owned by Sven Group Ltd.
William O’Brien took over the position of managing director, and Paul Johnson and Chris Plumb were appointed to the board as sales director and finance director respectively.
Sven employs approximately 200 staff members across office & management, manufacturing, retail and distribution.Read more...
According to Chemical Watch, Denmark has notified the European Commission of changes to its legislation restricting the use and sale of new wood-based materials, including furniture, that emit formaldehyde – a suspected carcinogen.
The government's decree says wood-based materials that emit formaldehyde in a concentration above 0.124mg/m3 of air should not be used in the manufacture of furniture and related parts. For sales of fixed and movable objects, which also includes furniture and kitchen elements, the concentration limit is 0.134mg/m3 of air.
The restriction will not apply to existing furniture and parts that comply with current Danish standards, and those manufactured for export to non-EU countries. Construction products and furniture padding and upholstery are also excluded.
The Danish EPA may waive the limits "in special cases," according to the decree. It may also set conditions for permits.
The new limits will become effective six months after the decree's entry into force for wood-based materials, and one year after for fixed and movable furniture.
Following calls from some NGOs, the Commission has introduced tougher chemical limits on EU Ecolabelwood floorings. These include a restriction on the use of formaldehyde.
And in December, the US EPA set compliance deadlines for its final rule governing formaldehyde emissions from composite wood products.Read more...
Washington, US: According to Industry DIVE, the Carpenters Industrial Council and the U.S. Lumber Coalition has said that duties are required to offset the damage caused to U.S. lumber mills by Canadian softwood subsidies and dumping of that product in the U.S.
Imports of Canadian softwood lumber in the first eight months of last year were over 33percent higher than in the same period the prior year, according to a report in November.
The decision to call for the probe was sparked by a deadlock in negotiations between lumber leaders in the U.S. and Canada last summer, with the two sides unable to strike a new softwood lumber agreement following 100 days of negotiations. Discussions reached a stalemate over the U.S.'s aim to reduce Canada's market share to 22percent over a four-year period.
Homebuilders have faced higher lumber costs during softwood trade disputes between the U.S. and Canada in the past. In response, the National Association of Home Builders held talks with public and private interests in Chile last fall over the possibility of upping the country’s exports of softwood and other lumber products to the U.S. Chile currently represents about 1.22percent of the U.S. lumber market. The association has also said that it is seeking ways to increase the domestic harvesting of lumber.Read more...
Yokohama, Japan: According to ITTO, the latest trade data shows that the rising trend in the value of EU imports of tropical wood products that began in the second half of 2014 leveled off in 2016.
The stability in the euro value of tropical wood imports in the second half of 2016 may hide a slight fall in the volume of imports as European currencies weakened on foreign exchange markets during that period (which implies a rise in import prices).
The euro, trading at around US$1.15 in June 2016, had fallen to only US$1.05 by the end of the year. Even more pronounced is the fall in the British pound, which was trading at US$1.50 in June just before the country’s vote to leave the EU before declining to a 30-year low of US$1.29 in early July after the result and which now stands at just US$1.23.
Nevertheless, the dramatic slowdown in European tropical wood imports forecast for the second half of 2016 in response to currency movements and economic uncertainty in the UK following the Brexit vote failed to materialise. Prospects for the market in 2017 also look reasonably positive.
While the political situation in Europe is still uncertain, the economic recovery is gathering pace, helped by an improving global outlook, low interest rates, a significant fall in the level of unemployment, a weak euro and the end of austerity.Read more...
Yokohama, Japan: According to ITTO, analysts expect Malaysia to weather the anticipated tough times coming in 2017 underpinned by ongoing implementation of infrastructure projects, possible early elections, and pre-election spending. However the strengthening of the US dollar against most currencies and the ringgit is of concern.
According to RHB Research, the ringgit has weakened over 6% since the US election results were announced on November 8 and while there is an economic downside to this it does help exporters remain competitive.
Incentives for SMEs explained The Malaysian Timber Council (MTC) recently held a workshop on ‘Cross-cutting Issues: Incentives for SMEs and Bumiputra SMEs in the Timber and Furniture Industry’.
This was part of the MTC’s efforts to assist the development of the Malaysian furniture sector. MTC writes “The recently announced 2017 Budget will play an important role in charting business direction for both SMEs and Bumiputra SMEs in Malaysia and the workshop was aimed at enterprise accountant and finance staff as well as company executives and business owners.”Read more...
In recent years, with the rapid development of economy and the rise of the real estate industry, customers have put forward a lot of personalized requirements on the housing decoration style, rather than being satisfied with the previous popular design. Thus, this trend has created a huge market space for the development of custom furniture.
Currently, custom furniture plays an important role in modern home decoration. The furniture can be made according to every consumer's need, which combined with the features of environmental protection, fashion, delicate and so on. In the next few years it must be consumption hot spots on furniture market, preferred by post 80's and 90's-the mainstream consumer groups.
In addition, many consumers tend to show their personal charm and value through custom furniture, reflecting their unique taste of life and pursuit. Therefore, enterprises need to use advanced technology to create the furniture products with good performance, rich connotation and excellent quality, so as to bring the comfortable living environment to the consumers.
However, the price of custom furniture is usually expensive, thus only a part of the high-end consumers will choose this kind of furniture, which result in the limitations of the custom furniture market. First of all, the material used to custom furniture is mainly the solid wood, and the board itself is zero formaldehyde release, which is very environmentally friendly. Compared with ordinary furniture, custom furniture's style is more diverse, and each part of the furniture components need to be designed in detail. At the same time, due to the high quality of the furniture itself, the enterprises usually adopt advanced equipment and manufacturing processes with high technology, using CNC machine tool for parametric customization, so the cost of investment on custom furniture is higher.
Secondly, part of enterprises' production mode, management system and design concept haven't fully kept up with the trend of the times, and still remain at the level of the mass customization and mass production, which lacks of personalization and differentiation. With the change of consumer groups and consumption concept, people will improve their requirement on the table/desk and chair, wardrobe, cabinets, sofa, sanitary appliance and office furniture. Besides, more comfortable and humanized furniture can eliminate fatigue for the users, which is more favored by consumers. Therefore, the enterprise should turn to the development of custom furniture so that they can increase their market competitiveness.
Not only well-known enterprises but also small and medium enterprises should enhance their technical level, improve the designers' working ability and change the traditional design concept, making professional custom furniture for other ordinary customers so that non high-end consumers can also have enjoy the custom furniture they want. Meanwhile, competitiveness of enterprises can be improved, and the market of custom furniture can also be expanded. In the course of time, with the popularity of custom furniture in the market, it will be able to avoid malignant competition between large custom furniture enterprises, such as disunity of price or custom standards, which can create more benign market environment for more consumers.Read more...
Malaysian International Furniture Fair (MIFF), the largest of its kind in Southeast Asia, is set to feature a greater variety of new and innovative products from a wide range of suppliers and four country halls at its 23rd annual edition coming March.
Organised by UBM Malaysia, MIFF 2017 is again fully-booked and pre-registered visitor numbers are running strong for the four-day event taking place at Putra World Trade Centre (PWTC) and MATRADE Exhibition and Convention Centre (MECC) from March 8 to 11.
The trade show which posted record US$908 million sales in 2016 will feature 500 companies and attract an estimated 20,000 buyers from 140 countries and regions.
MIFF 2017 continues to benefit from the cross-promotion of the trade show across UBM and Alibaba.com platforms as a result of a strategic “online and offline” collaboration to create the next generation of B2B trade sourcing experiences.
Around 70 per cent of exhibitors are Malaysian companies while the rest are from overseas including from China, Taiwan, Japan, Indonesia, South Korea and Vietnam. “There will be a lot of new products releases during MIFF 2017 based on the product range indicated by exhibitors. The new products and design are very refreshing, this is great for buyers. Many companies are seeing this as an opportunity to boost their visibility and increase business leads because they want a bigger footprint in 2018 when MIFF expands to 100,000 sqm at the new Malaysia International Trade and Exhibition Centre (MITEC) and PWTC. We are also seeing very good numbers from pre-registration from over 100 countries so far,” said MIFF General Manager Ms Karen Goi. MIFF 2017 will feature a dedicated segment -- MIFF OFFICE -- to showroom the biggest range of office solutions with 130 companies at PWTC. Malaysian companies which would be participating in MIFF 2017 include well-known exporters such as Merryfair Chair System, Euro Chair, Poh Huat, Soon Her Sing Industries, Oasis Furniture and Safari Office System.
The China Hall will be larger with over 150 companies as more furnishing exhibitors are coming from southern Guangdong province led by the China Council for the Promotion of International Trade, Guangzhou Council (CCPIT Guangzhou). Other attractions are Taiwan Hall with 30 companies and Muar Hall, organised by Muar Furniture Association and a strategic partner of MIFF, will feature over 80 member companies.
Buyer registration and a preview of products from exhibitors are available at www.miff.com.my.
Overseas visitors are eligible to attend Buyers Night gala, access to International Buyers Lounge and discounts on hotel rates and airport transfers.
Updates on MIFF 2017 and free subscription to the MIFF e-newsletter are also available on www.miff.com.my.
MIFF 2017 CONFIRMED EXHIBITORS’ COMMENTS: MS LYNN LIAO, DEPUTY DIRECTOR OF CHINA COUNCIL FOR THE PROMOTION OF INTERNATIONAL TRADE (CCPIT) “We are bringing more exhibitors to MIFF 2017 because it is a proven platform for our companies to showcase their products to global buyers. The trade show plays a vital role for our companies to reach out to more markets, understand global trends and the advantages of other exhibitors. The valuable experience has helped our companies to better develop their business, how to get new customers and open up more markets. MIFF is strongly supported by CCPIT and it has a 70% rebooking rate from Chinese exhibitors, that’s the highest in any international trade show participated by Chinese companies.” MR CHRIS CHEN, GENERAL MANAGER, WINNER TEAM, TAIWAN
“Our company was established in 2001 and we took part in our first international exhibition in MIFF in 2002. It was a great debut and we’ve been back ever since. The huge difference between MIFF and other exhibitions is that it has a diversity of buyers coming from different regions of the world and groups of core buyers seeking a particular category of product like wood furniture. This helps us to target the markets and facilitate the delivery of orders. We have now extended our customer network beyond Europe to other countries from the business we get in MIFF.”
MR NEO CHEE KIAT, PRESIDENT, MUAR FURNITURE ASSOCIATION
“We are very excited at the coming show because our exhibitors had achieved very good sales in 2016. MIFF has given a big opportunity for local manufacturers to discover new business and develop international networks because of its global standing. This is very important for manufacturers like us because Malaysia’s furniture industry is an export sector and Muar is the biggest production hub in Malaysia. We expect to have a busy time again.”
About MIFF (www.miff.com.my)
Malaysian International Furniture Fair (MIFF) is an export-oriented furniture trade show held annually in Kuala Lumpur, Malaysia. It is also a global leading trade show approved by UFI, The Global Association for Exhibition Industry. Since 1995, MIFF has nurtured invaluable partnerships between thousands of buyers and furniture makers across the globe.
Ms Kelie Lim
Tel: +603-2176 8788