The latest timber import statistics from the Timber Development UK (TDUK) show a "considerable" shift in timber trade patterns in 2022, with the Republic of Ireland, Latvia and China supplying the UK with significant volumes.

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Vietnam exported nearly 14.6 billion U.S. dollars worth of wood and wood products in the first 11 months of this year, up 9 percent year on year, according to the country's General Statistics Office.

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China’s major furniture manufacturers reported rising profits in the first 10 months of 2022, despite disruptions caused by the COVID-19 epidemic, official data showed.

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According to Global Wood Trade Network, the exports of timber from Sweden to the United States increased 28% year-on-year to 64.6 thousand m3 in October 2022.

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Recent years have seen the price of timber shoot up and on the back of the Covid pandemic many builders had to wait months for their wood to arrive, such were the shortages.

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Malaysia's furniture exports recorded a sharp increase of 18 percent in the first seven months of 2022 as compared to the same period last year, despite many challenges facing the industry, the Malaysian Furniture Council (MFC) has said.

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Already high pulpwood and firewood prices increased even further in the third quarter of 2022, according to quarterly statistics published by the Estonian Private Forest Center (EMK).

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Sales volumes at builders’ merchants across Great Britain were down nearly 13 percent in July, according to latest data

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The Malaysian Timber Industry Board (MTIB) is aiming for timber exports to hit RM28 billion by 2025, its chairman Datuk Hishamuddin Abdul Karim said.

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According to the Finnish Natural Resources Institute (Luke), in August 2022, the country's timber trade was very active. The total sales of raw materials exceeded the average level of the previous five years by more than 60 percent. During regular sales, softwood log prices remained at their July levels, while softwood pulpwood prices fell slightly.

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