There are significant new opportunities for the international hardwood sector, particularly with the growth of new markets in emerging countries and the development of new products such as hardwood CLT, but the industry continues to be held back by structural obstacles and is struggling to cope with rapid global shifts in trade and intense competition from substitute materials.
Continue reading “Structural Obstacles Constrain Market Opportunities – ITTO European Market Report 30th November 2017”UK Sawn Hardwood Market Holds Up Well Despite Brexit Doncerns – ITTO European Market Report 15th November 2017
While imports of tropical sawn hardwood into the eurozone countries have failed to live up to expectations in 2017, having declined as economic growth has revived, imports into the UK have followed the opposite trajectory. UK imports of tropical sawn hardwood have held up well this year despite slowing economic growth. The UK imported 70,475 m3 of sawn tropical hardwood in the first 8 months of 2017, marginally more than 70,322 m3 imported in the same period in 2016.
Continue reading “UK Sawn Hardwood Market Holds Up Well Despite Brexit Doncerns – ITTO European Market Report 15th November 2017”