Turkish plywood market waking up
In 2017 the building sites in Turkey were busy. A massive 182 thousand m3 of hardwood plywood were imported. Since then the market collapsed, and in 2019 the import was…
German trade expectations flattening
In August, among the three plywood-related sectors, Trade showed flat business climate development. Construction and Manufacturing see their business climate further improving. The German ifo-institute asks companies about their current…
Moelven Vänerply on growth track
In recent years Moelven’s plywood production has enjoyed steady growth. 2016 to 2019, the company has sported an annual growth rate of around 10%. The mill produces softwood plywood from…
Swedish plywood trade reflects the building boom
The Swedish plywood export is more or less the same as Moelven Vänerply’s export. As the home market has been strong, Moelven has steered its volume from export to the…
German plywood import from Russia growing steadily
Russia is the main source of hardwood plywood for Germany. In the case of Russia, hardwood is birch. The total hardwood plywood import to Germany has declined since 2018, but…
Segezha Galich building work proceeding
Segezha’s new green-field mill in Galich is rising. The ground works were done in July. Now metal structures are being erected. According to the plan, the metal structure assembly will…
Riga Wood Finland closer to break-even
Latvijas Finieris’ mill in Vammala, Riga Wood Finland Oy, is improving. It made a cumulative 10 million loss during a five year period between 2015 and 2019. However, in 2019…
Finnish log prices remain stable
The declining forest product prices have little impact on the raw material price in Finland. Despite the constant price pressure on plywood and sawn timber, log prices have remained solid.…
Metsä Wood suffers from declining demand
Metsä Wood’s Q2 sales was 103.6 million euros. That is 12.9% down from the previous year. The comparable operating profit was 1.3 million euros positive. The company reports average prices…
German expectations further improving
Business expectations in Germany have been improving for the third month in a row. In July, the sectors of Construction, Trade and Manufacturing were all more satisfied with their business…