Latest Blogs on the Timber Industry & Trade Digitization

Wood Show | October 19, 2023

In recent years, the woodworking industry in India has emerged as one of the most rapidly expanding sectors, contributing significantly to the country's economic growth. The organized furniture market has been projected to experience an annual growth rate of approximately 20%, and the import of wood and wood products has played a pivotal role in sustaining this momentum.

Timber Exchange | December 5, 2022

Tobias Larsson is the newest addition to the Timber Exchange Board of Directors. The Board of Directors at Timber Exchange are a team of senior industry professionals sitting at the helm with several years of experience and expertise in industries including forestry, technology, & logistics.

Global Lumber Market | November 4, 2022

It is common knowledge that many sawmills sell globally. Export sales to distant markets often use middlemen who act as a filter for information on how the market is performing. This means that exporters often have incomplete knowledge of the market, and that can put them at a disadvantage. To understand the risks associated with the industry & mitigate them to the best effect, one must first understand the situation.

Global Lumber Market | September 16, 2022

The global timber market goes through volatile ups and downs throughout the year because of several factors like raw material supply, weather, exchange rates, housing demand, logistics prices, global price discrepancies, and logistics capacity. Decisions taken without fully understanding the performance of the target market or the competitors’ activity in their key markets can harm your business's profit margins and lead to lost opportunities.

Market Trend | March 23, 2022

The war between Russia and Ukraine is likely to impact global trade, especially the timber market, to a large extent in the coming months. The increased number of sanctions against Russian trading and the challenging financial transactions will possibly re-direct and interrupt forest products’ shipments globally. Trade with Russia, as a result, will likely decline, jeopardizing the long-established international trade flows of forest products to and from the region.

Timber Supply Chain | July 5, 2021

The global forestry industry plays a crucial role in uplifting the worldwide economy and also has a significant impact on the environment that we reside in. More than 57% of Sweden is covered in forests. Sweden holds less than 1% of the global commercial forest areas and offers 10% of sawn timber, pulp, and paper traded across the international market.