At the time of writing, the 63200-tonne dwt Konya was unloading its cargo of plywood and other wood products at the UK port of Tilbury. It was the first timber breakbulk vessel out of Port Klang, Malaysia to London in years and a sign of the times.Continue reading “Plywood Market Lucrative, but Challenging. ITTO European Market Report 30th July 2021”
The global significance of the European furniture sector, and some positive signs for the sector after the turmoil caused by the COVID pandemic, are highlighted in recent reports in World Furniture, the trade journal of CSIL, the Milan-based furniture market research organisation (www.worldfurnitureonline.com).
In the editorial to the most recent edition (June 2021) of World Furniture, Paola Govoni notes that “the disruptive consequences of the last 18 months are there for all to see. A lot has changed on every level and some of these developments could be here to stay. At the time of writing there are encouraging signals in Italy and most of Europe showing that the summer could be the beginning of an exit-phase from the pandemic. Major international economies have entered a recovery path and the strengthening of the increasing trend resulted in an upward revision of growth forecasts in many countries”.Continue reading “Some Encouraging Signs for European Furniture Sector. ITTO European Market Report 15th July 2021”