The total value of EU imports of wood products was Euro 17.48 billion in 2016, 1.3% more than in 2015. This followed an increase of 12% to Euro 17.25 billion in 2015. In 2016 EU import value was at the highest level since 2008 just before the global financial crises (Chart 1).
Continue reading “EU Wood Imports Rise to Highest Level Since Financial Crises – ITTO European Market Report 28th February 2017”Indonesia Makes Big Impact at IMM Furniture Fair – ITTO European Market Report 15th February 2017
Like the Domotex show held in Hanover earlier in the month, the IMM Furniture Fair in Cologne between 16 and 22 January highlighted the challenges facing tropical suppliers looking to increase their share of the European market, as pressure continues to mount from domestic manufacturers and non-wood materials. Demand for wooden exterior furniture, traditionally an important niche market for tropical wood products, is coming under pressure from other modern weather-resistant materials.
Continue reading “Indonesia Makes Big Impact at IMM Furniture Fair – ITTO European Market Report 15th February 2017”