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Vietnam’s wood and wood product trade (W&WP) trade is not expected to increase unless the global economy regains growth momentum and consumer demand in key markets recovers.... [more...]
CIFF Shanghai 2023 meticulously planned eight major thematic exhibition areas and concurrently held four sub-exhibitions: Shanghai International Furniture Machinery & Woodworking Machinery Fair, CIFF Commercial Office Space Exhibition, CIFF Trend Life Aesthetics Exhibition and CIFF Urban Outdoor Exhibition.... [more...]
FederlegnoArredo's assessment anticipates a -3.3% decline, with exports down by -2.6% and the domestic market at -3.8%. Due to the uncertain situation, high borrowing costs, and difficulty accessing credit, 39% of wood-furniture companies are slowing down their investments.... [more...]
Recent months have not been favourable for the wood and furniture industry. This is due to the escalating energy crisis, declining orders and exports of furniture and wood products... [more...]
CEI-Bois, representing the European woodworking industries, has announced the Lithuanian Wood Processors Association as their newest member. This addition increases the number... [more...]
The EU Commission has ordered the opening of an investigation into suspected imports of birch plywood originating in Russia by imports consigned from Turkey and Kazakhstan... [more...]
US imports of wooden furniture fell 3% in June as imports from most countries remained relatively flat. Imports from Indonesia were the exception, falling 30% for the month... [more...]
EU manufacturers share of the EU market for okoumé plywood decreased from 85% in 2018 to 81% in 2021. Share was lost primarily to imports from Gabon and Morocco.... [more...]
The German furniture industry is currently struggling with a significant drop in demand, as reported by Jan Kurth, Managing Director of the Associations of the German Furniture Industry (VDM/VHK), at the annual business press conference in Cologne. ... [more...]
