Lumber Prices in the US Drop Amid Weak Demand at Year’s Start
US lumber prices fell at the start of the year, with futures contracts dropping to near their lowest levels since late 2024. This decline reflects a weakening of real demand for wood, particularly due to sluggish construction activity and a lack of renovations. Demand remains subdued as the housing market slows and mortgage costs rise, […]
African Timber Shows Gradual Improvement in Global Markets
The Global Timber Index in December showed positive performance for several African countries in the timber sector, reflecting a relative improvement in production and exports. Increased exports have directly contributed to boosting the returns of local companies and supporting national economies. Improved regulation of logging operations and forest management has been a key factor in […]
Italian wooden furniture exports to China decline as luxury demand slows
Italian exports of wooden furniture to the Chinese market have fallen sharply by 9.9%. This decline comes amid slowing demand for luxury goods in the world’s second-largest economy. Observers noted that changing consumption patterns and a more cautious approach to spending have impacted sales. Global economic challenges have also contributed to reduced demand for high-value […]
Brazil’s Timber Sector Stands Out as a Positive Exception Amid Global Slowdown
The Global Timber Index (GTI) report revealed that Brazil’s timber sector performed positively in October/November 2025, with the index returning to above the 50% threshold. This indicates activity and optimism among companies operating in the timber sector. The report highlighted Brazil as a bright spot compared to other countries that experienced a slowdown in timber […]
Slight Recovery in the European Softwood Market
The results of the World Timber Congress in Oslo indicate signs of stabilization in the European softwood market after years of sharp fluctuations. The supply of processed timber has declined since its peak in 2021 but has now stabilized at around 78 million cubic meters per year in the European Association of Woodworkers (EAW). Despite […]
Wood Colors Take on Innovative Indigo Shades for 2026 Designs
AkzoNobel, a specialist in wood finishes, has announced its “Rhythm of Blues™” color collection, targeting wood designs in 2026. The collection includes three indigo shades: Mellow Flow (light indigo), Slow Swing (dark indigo), and Free Groove (live indigo). The aim of these colors is to revitalize the traditional image of wood, which has tended towards […]
Major Merger in the US Lumber Industry
Rayonier and PotlatchDeltic announced they will merge in an all-stock deal valued at approximately $8.2 billion, creating one of the largest lumber and wood products companies in North America. The new company represents ownership of approximately 4.2 million acres of forest land across 11 US states and operates seven wood products plants, including six lumber […]
Concerns Over Illegal Logging of Ipe Wood in Brazil
A recent study by Chalmers University in Sweden revealed that a significant portion of ipe wood used in global markets may be sourced illegally. Known for its dark color and exceptional durability, ipe wood is widely used in luxury flooring and exterior finishes. The study indicated that approximately 75% of this wood could originate from […]
Expiration of Rosewood Protection Law in India Raises Concerns
The Rosewood Protection Law in Tamil Nadu, India, which had been in effect for three decades, has expired. The legislation was designed to safeguard this rare species, widely used in luxury furniture and musical instruments. With the law now lapsed and not extended, environmental activists fear a surge in uncontrolled logging. The absence of regulation […]
Technology Event in Canada to Boost Innovation in Woodworking Industry
Technology Event in Canada to Boost Innovation in Woodworking Industry Biesse, Canada is preparing to host Woodworking Technology Days 2025 from October 21 to 24 at its newly opened Material Hub in Vaughan, Ontario. The event will serve as a platform to showcase the latest innovations in woodworking and multi-material processing. Demonstrations will feature CNC […]