Month: June 2018

Drawing on interviews with timber trade associations across the region, the latest newsletter of the European Timber Trade Federation (soon to be published at http://www.ettf.info/ettf_news) shows that the European timber market continues to grow slowly and broadly in line with GDP forecasts of 2.4% in 2018 and 2.3% and 2% in 2019. It also highlights that trade growth is becoming more widespread and resilient in southern European countries, including in Italy, Spain and Greece.

The European plywood market faces a combination of buoyant demand, mounting competition for product from other leading consumer countries, plus persistent supply delays and constraints among key producers, notably  tropical suppliers.