If less wood is harvested in European forests to protect biodiversity, this will lead to global shifts in wood production, which in turn may have negative environmental impacts. That are the results of a model-based study conducted by the Thünen Institute of Forestry. Biodiversity is declining at an alarming rate. To counteract this, the EU...
Category: EU
Unprecedented period of change in European wooden furniture sector
The last two and half years, marked from the start of 2020 by the Covid-19 pandemic and from February this year by war in Ukraine, have seen unprecedented changes in Europe’s wood furniture sector. The sector has passed through a period characterized by an initial but very short lived fall in demand in the second...
EU wood pellet demand expected to set a new record in 2022
The European Union consumed a record 23.1 million metric tons of wood pellets in 2021, according to a new report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. Demand is expected to expand to 24.3 million metric tons this year. The report primarily attributes the record-breaking 2021 consumption to increased residential use...
EU tropical wood product imports benefit from curtailment supplies from Russia and Belarus
In the first four months of this year, the value of EU imports of tropical wood and wood furniture totalled USD1.23 billion, a gain of 28% compared to the same period last year. In terms of value, this was by far the highest level of trade for the four month period in the last five...
Brazil doubles plywood exports to EU
In June, Brazilian exports of plywood to the European Union jumped 93% year-on-year to 76 thousand m3. The value of exports soared 81% to $33 million. Average price of Brazilia’s plywood in the EU decreased 6% to $429 per m3. Brazil replaces plywood supplies to Europe from Russia, which is under the EU sanctions. In...