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.
Read more...The Handicraft and Wood Industry Association of HCMC (HAWA) along with the American Hardwood Export Council (AHEC) recently announced the finalists for the 20th Hoa Mai Design Award 2023 during the Hoa Mai Exhibition Week.
Read more...The Forest Stewardship Council (FSC) has published a new version of FSC-STD-30-010 Controlled Forest Management Standard V3-0 with major changes in the structure and the contents of the standard.
Read more...China's log imports continue to recover
According to the latest customs statistics, in November 2023, the total amount of imported timber in China reached 5.41 million cubic meters, a year-on-year decrease of 8.68 percent and a month on month increase of 4.57 percent; The import value reached 7.2 billion yuan, a year-on-year decrease of 16.01 percent and a month on month increase of 3.69 percent.
Read more...After a modest 0.6 percent growth between June and July 2023 furniture production in Brazil experienced a remarkable 16 percent increase in output in August totaling 36.8 million pieces. This increase helped off-set the accumulated losses for the early part of the year according to IEMI (Institute for Industrial Studies and Marketing).
Read more...Acting Director General for Sustainable Forest Management at the Ministry of Environment and Forestry, Agus Justianto, said in a statement the sustainable management of forests throughout 2023 achieved several positive results including maintaining the productivity of forest to ensure the sustainability of forestry businesses, according to en.antaranews.com.
Read more...The year 2024 is forecast to remain a challenging year for wood industry, given several issues affecting the sustainability of production and export, according to experts, reported by Vietnam News Agency (VNA).
Read more...According to Global Wood Trade Network, from January to October, Japan imported 2.6 million square metres of sawn softwood, almost 40 percent less than in the previous year's period.
Read more...Sales of new single‐family houses in October 2023 were at a seasonally adjusted annual rate of 679,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development, 5.6 percent below the revised September rate of 719,000 but 17.7 percent above the October 2022 estimate of 577,000.
Read more...According to Global Wood Trade Network, the price of wood pellets fell for a long time. Now the price is rising in Germany.
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