Industry News

AHEC unveils interactive map showing US Hardwood Forests' volumes, growth and removals

The American Hardwood Export Council (AHEC) has launched an interactive map showing hardwood forests' growth, removal and volume in the United States.

The map displays data collected by the U.S. Forest Service on a national, state and county level providing regularly updated information for most of the main commercial American hardwood species.

“It’s a dynamic tool that accurately reflects what’s going on in the forest and it will dramatically change the way we promote the sustainability of American hardwoods,” said Mike Snow, AHEC executive director.

It’s a new way for communicating environmental credentials and will make it easier for architects, designers and wood industries to demonstrate the sustainability of the timber they use.”

 

[News URL: http://cti-timber.org/content/ahec-unveils-interactive-map-showing-us-hardwood-forests-volumes-growth-and-removals]

TTF launches "Timber You Can Trust Campaign" to promote responsible timber sourcing

The Timber Trade Federation (TTF) has recently launched a new Campaign - ‘Timber you can Trust’ - for the purpose of promoting responsible timber sourcing to local authorities and Industry stakeholders.

"As councils across the UK commit to build new homes in increasing numbers, the need for sustainably sourced construction materials has also grown," explains the TTF in a news release. "The TTF wants to partner with local authorities to ensure that high standards of responsible sourcing are maintained in local government and in procurement policies across the private sector."

Launching the campaign, David Hopkins, TTF’s Managing Director, said: “I’m excited to be working with local government to increase awareness about the importance of responsible timber sourcing, the good management of forests, and the sustainability of the whole timber supply chain.”

“Timber is the world’s leading renewable, low carbon construction material. Responsible procurement is at the heart of a low-carbon future." 

“We’ve just seen hundreds of new councillors elected across the country, a lot of whom have come with ambitions of encouraging new sustainable housing developments across their communities. Similarly, through the CTI and the Timber Industries APPG, we will be seeking to work with MPs across the UK”.

The TTF is inviting its members and stakeholders to committ to the ‘Timber you can Trust’ campaign by taking the TTF pledge and completing a free timber-procurement CPD course.

Many stakeholders have already pledged their support for the initiative, including architects, contractors, builders’ merchants and many others. View the photo gallery here.

To join the campaign on social media, use the hashtag #trustedtimber.

Find out more here.

 

[News URL: http://cti-timber.org/content/ttf-launches-timber-you-can-trust-campaign-promote-responsible-timber-sourcing]

WRI report: Global timber trade rose 10% in 2016. US, China and UK top 3 importing countries

According to Wood Resources International (WRI), 118 million m3 of timber was traded last year resulting in +10 percent compared to 2015.

Imports to the US account for about one-third of globally traded timber and have almost doubled in five years. China accounted for about 17% of import volumes in 2016, followed by the United Kingdom, Japan and Germany.
 
The biggest declines in imports globally from 2015 to 2016 were to the MENA region, where demand for timber fell in all the major markets, including Egypt, Algeria, Saudi Arabia and Morocco.

Moreover, early 2017 showed an upward trend for global softwood timber market with prices in North America hitting a 13-year high, while Chinese import prices increasing 13% in 18 months.

WRI report also presents an insight on macro-areas:

  • North America
    Timber production in North America in 2016 was up six percent from the previous year, reaching its highest level since 2007. The biggest rises in production occurred in the US South and Eastern Canada, while the increases in western Canada and the western US were more modest.

    Prices for timber in the US have jumped during the first four months of the year to hit a 13-year high in April. Many of the commonly traded grades surged in price by more than 20% from April of 2016.
  • Northern Europe
    Sweden exported 12.9 million m3 of softwood timber in 2016, which was the highest volume exported since 2006. The increase from 2015 was a modest 1.5%, with shipments to Denmark, Japan, China and France rising the most.

    Domestic timber prices in both Finland and Sweden continue to be close to their lowest levels in ten years in US dollar terms, as reported in the Wood Resource Quarterly.
  • China
    Prices for imported softwood timber to China have been in a steady upward trend during 2016 and 2017 with the average import price in March 2017 being 13% higher than 18 months earlier.

    The biggest change in pricing over the past two year has been that prices for Russian timber are no longer substantially cheaper than those for timber from other supplying regions, but instead are rather close to the average import price.
  • Japan
    Total housing starts were up 3.2% in Japan in the 1Q/17 as compared to the same quarter in 2016, and the economic outlook for the coming year is slightly more optimistic than that for last year.

    Prices for domestic and imported timber have remained practically unchanged for almost a year in Yen terms. With the Yen strengthening against the US dollar during the first four months of 2017, timber prices have increased so far this year in US dollar terms.
  • Russia
    After a substantial decline in softwood timber export prices during 2014 and 2015, Russian timber prices have trended upward for most of 2016 and early 2017. Average export prices in March 2017 were 12% higher than in the same month last year, and prices for wood going to China have gone up even faster over the same time-period.

    Export volumes to China in the 1Q/17 were unchanged from the previous quarter, holding steady at the second highest level on record.

 The complete WRI report can be purchased here.

 

[News URL: http://cti-timber.org/content/wri-report-global-timber-trade-rose-10-2016-us-china-and-uk-top-3-importing-countries]

BVRio and CINFT establish partnership to assist Chinese traders in sourcing legal timber

The online negotiations platform for wood products BVRio has established a partnership with the Center for International Forest Products Trade (CINFT), State Forestry Administration (SFA), located in the Chinese Academy of Forestry (CAF).

The memorandum of understanding aims to promote legality in the timber trade sector in China. In particular, the parties will work together to adapt the BVRio Responsible Timber Exchange and Due Diligence and Risk Assessment System to enable Chinese timber traders and buyers to screen legal products. The process is set to be conducted in harmony with the China Responsible Company/Products Platform under development by CINFT and the China Responsible Forest Product Trade and Investment Alliance (China RFA).

The Chinese timber sector transacts significant volumes of timber, both domestically and internationally: China is the second larger global importer of tropical timber and consumes more than 10% of all harvested timber worldwide; the imported timber represents over 50% of the total volumes processed in China; a significant proportion of the timber production in China is exported for a variety of countries, including the European Union and the USA.

"The high rate of illegality affecting the tropical timber sector worldwide makes it urgent to provide the Chinese timber sector with appropriate tools to help importers to identify and avoid illegal timber," underlines BVRio in a news release. "Given the substantial volumes of timber imported by China, the adoption of measures to avoid the import of illegal tropical timber will generate a major positive impact in the global fight against timber illegality. Demonstrating the legality in the supply chain will also help the Chinese timber export sector to comply with requirements of regulated markets such as the EU, USA, Australia and others."

Both BVRio and the Chinese Academy of Forestry have been working to develop tools and systems to assist timber traders in conducting the due diligence and screening timber products for their legality status. This partnership will assist the parties to explore the synergies between their work, to result in wider positive impacts in the Chinese timber sector.   

BVRio's Due Diligence and Risk Assessment tool is an automated system, based on big data analysis and block chain technology, to screen tropical system for legality. Since it was launched in 2015, the system was used by timber traders and regulatory agencies to screen more than 15,000 containers and more than US$ 1 billion worth of timber products.

 

[News URL: http://cti-timber.org/content/bvrio-and-cinft-establish-partnership-assist-chinese-traders-sourcing-legal-timber]

Europe continues to dominate Supply of Timber and Panel Products to UK Market

The Timber Trade Federation (TTF) has issued its Monthly Stats Bulletin for April 2017 including a focus on the on the Source of Timber and Panel Products Supply to the UK Market in 2016.

According to TTF data:

- UK imports of the main timber and panel products rose in 2016 by 5.2% to climb to a total of 9.8 million m3.

- Europe accounted for the great majority of the volume of timber imported to the UK, supplying 86% of all imports. Volume from Europe was 8.4 million m3, an increase of just over 6% on 2015.

- Volume supplied specifically from the EU amounted to 7.9 million m3, or 93% of all volume from Europe including Russia.

- The share of supply from Asia fell from 8.7% in 2015 to 8.0% in 2016, mainly due to lower plywood volumes shipped from China.

- The share of supply held by North America fell for the third year in a row, down from 2.3% in 2014 to 1.9% in 2016.

Softwood is by far the main product imported to the UK Timber Market, mostly for Europe. The European supply continued to be dominated by EU countries such as Sweden, with a 43% share of supply, Latvia, Finland, Germany and the Republic of Ireland.

Hardwood is traded in much lower volumes with products mostly coming from Europe (51% of global market share in 2016) and North America (28% of global market share). 

TTF Members can access the complete infographic on the Source of Timber and Panel Products Supply to the UK Market in 2016 here.

 

[News URL: http://cti-timber.org/content/europe-continues-dominate-supply-timber-and-panel-products-uk-market]

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