According to timeturk.com, Türkiye's furniture exports quadrupled in the past six years, reaching $8 billion in 2023.

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According to statistics from the Academy of Industry Development and Planning under the National Forestry and Grassland Administration and the China Forestry Products Industry Association (CFPIA), both the number of enterprises and production capacity of China’s fibreboard industry continued to decline in 2023.

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According to Pelletpreis.ch, the Swiss pellet price in April 2024 is 13.7 per cent lower than a year ago, when it was CHF 516.60. The current average price is based on information from 26 suppliers.

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Vietnam has now become concerned with planting a large-sized timber forest to increase it’s wood export market. According to the professionals, certification of more than one million hectares of large-sized timber forest can be a passport for Vietnam’s wood processing industry to increase exports and reduce dependance on imported raw materials.

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Commercial forestry values could see some upward pressure in 2024, with levels of activity starting to pick up and some encouraging market signals.

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According to the latest customs data, from January to December 2023, China imported a total of 16.7468 million cubic meters of New Zealand radiation pine logs (regardless of cross-sectional size), an increase of 2 percent year-on-year. 16.5855 million cubic meters of radial pine logs with a cross-sectional size ≥ 15cm, and 159100 cubic meters of radial pine logs with a cross-sectional size<15cm.

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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 percent from 2022, reported by vietnamplus.vn.

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Peruvian wood exports in 2023 reached US$100.9 million, a drop of 20% compared to the previous year (US$126.5 million) and represented just 0.1% of total national export shipments to the world according to the Association of Exporters (ADEX).

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According to bnnbreaking.com, the industry in Vietnam faces a tough road to recovery and industry attendees at the 2024 Vietnam International Furniture an Home Accessories Fair (VIFA EXPO) were vocal in discussing the hurdles which included diminished order volumes, the relentless quest for innovation in design and the logistical nightmares fueled by rising costs and geopolitical tensions.

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In 2023 the Brazilian furniture industry faced tough challenges as reflected in export earnings which fell by 11% compared to 2022 (US$735.3 million compared to the US$ 830.7 million in 2022). Global economic instability has had an impact on exports, particularly a decline in demand from the United States which accounted for 32% of total furniture exports in 2023, reported by abimovel.com.

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