Category: Business Trends Abroad

Vietnam – As the European Union’s Deforestation Regulation (EUDR) is set to take effect on December 31, 2024, Vietnamese businesses have been advised to act

Europe – The EU has adopted the first-ever law to set legally binding restoration targets for the long-term recovery of natural habitats in Europe. A

Indonesia – In anticipation of the EU Deforestation Regulation (EUDR), officials are releasing comprehensive forest cover data, according to Minister Siti Nurbaya Bakar. The data

Europe – As reported by Fordaq, the European Confederation of Woodworking Industries (CEI- Bois) and the European Organization of the Sawmill Industry (EOS) welcome the

Europe – In October 2023, compared with last September, which is the most recent data available at presstime, seasonally adjusted production in the construction sector

Gabon – Heavy rain continued to impact harvesting and production in Cameroon and the Central African Republic at the time of this writing. In Gabon,

Peru, The Services and Extractive Industries section of ADEX revealed that wood product exports for the initial five months of this year totaled $46.3 million,

Brazil – Brazilian exports of wood-based products (except pulp and paper) decreased 35 percent in value compared to last year, from US$503.3 million to US$329.2

Vietnam – According to the latest data available from the General Department of Customs Wood and Wood Products (W&WP) exports here were valued at US$1.2

Vietnam – There has been a decline in wood and wood product (W&WP) exports to almost all markets at the beginning of 2023. Exports to

Brazil – According to the International Wood Products Association (IWPA), recently, Brazil’s Institute of the Environment and Renewable Natural Resources (Ibama) issued Normative Instruction No.

Ontario As we move into 2023, and remember the challenges faced and overcome of the past year, supply and demand are still off at this

Ontario As we head into the Holiday Season, there is the usual slowdown in logging activities and sawmill output. Mill output, it was reported, had

Indonesia – Indonesia’s export of wood products continues to rise even though demand in China has weakened. However, a global recession would seriously impact export

United Kingdom–After the United Kingdom (UK) signaled its intention to leave the EU, the government set out plans to stop recognizing the CE mark and

Vietnam– Vietnam plans to grant licenses under the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade Program (VPA/FLEGT) to wood and wood products

Peru–The Forest Stewarship Council (FSC) has blocked three Peruvian certificate holders and their FSC certification has been suspended because they were unable to verify the

North America– North American lumber prices have continued to rise since Russia has invaded Ukraine. Since Vladimir Putin ordered troops to enter Ukraine, prices have

Italy – The Centre For Industrial Studies (CSIL) recently published its 2022 edition of “World Furniture Outlook,” which is issued twice a year, in July

Indonesia– The Secretary General of the Ministry of Environment and Forestry, Bambang Hendroyono, has indicated that from the beginning of July 2020 the performance of

Vietnam – In the first seven months of this year Vietnam’s wood and wood product (W&WP) exports earned US$9.6 billion, up 55 percent year-on-year. However,