According to a report from Redfin., one-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, essentially unchanged from a year earlier but down from a record-high 34.5 percent two years earlier. The portion of housing supply that’s newly built is still roughly double pre-pandemic levels.
Read more...The UK chipboard market is quiet, but it’s becalmed rather than sinking, according the report released by ttjonline.com.
Read more...European furniture consumption and production fell sharply in 2023, according to the International Tropical Timber Organisation's ( ITTO) latest bulletin.
Read more...Production and deliveries of Swedish wood products decreased slightly in 2023 compared to the previous year. However, future prospects in both the EU Single Market and in the US look good for the Swedish wood products industry.
Read more...In April, prices for industrial roundwood rose across all categories in Finland. Spruce and pine log prices were slightly lower than last summer's peaks, while other species surpassed last year's highs, according to the Natural Resources Institute Finland (Luke).
Read more...According to Global Wood Trade Network, Gabon is experiencing a rainy season, which is affecting the operation of timber factories in inland areas. During the rainy season, Gabonese veneer and plywood factories can continue to produce, but due to the impact of the rainy season, the inventory of logs has decreased, especially the inventory of Augustan logs, which has decreased significantly.
Read more...Central Statistical Bureau data published on April 2 show that, compared to the first half of 2023, average purchase prices of both coniferous and deciduous roundwood reduced in the second half of 2023.
Read more...According to fwi.co.uk, forestry interests continue to outcompete livestock producers for land, despite a slowdown in that market in recent months.
Read more...According to timeturk.com, Türkiye's furniture exports quadrupled in the past six years, reaching $8 billion in 2023.
Read more...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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