Promising market conditions for American hardwoods
The level of trade in US hardwood lumber to Australia, in particular, has grown steadily for the past few years, as American species are becoming more widely accepted and demanded.
Exports
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US hardwood exports to India show real growth
While the overall value and volume of the trade in American hardwoods with India remains low, the relative increases seen in shipments of lumber, veneers and logs to the market during the January to October period of this year...
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Middle East lumber export update
The latest statistics from the USDA show that, during the first ten months of this year, the overall value of US hardwood lumber shipped to the MENA region fell by 7% to USD 41.26 million as compared to the same period in 2010.
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European Market Update: Lumber exports creeping up
After a slow start to the year, exports of U.S. hardwood lumber to European countries during the second quarter of 2011 were up 9% compared to the previous quarter and 10% compared to the same quarter in 2010.
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Egypt’s furniture industry faces tough times
While the interiors and furniture sectors and, therefore, demand for hardwoods, in the Gulf countries have shown remarkable recovery from the Global Financial Crisis, the Arab Spring has set back the market in Egypt.
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