News & Events

BMBI Q2/2018: Sales of Timber and Joinery products up 9.5% against 2017

Sales through UK builders merchants bounced back in Q2 2018, with the BMF’s Builders Merchants Building Index (BMBI) reporting 7.2% growth in sales value over Q2 2017. There was one more trading day during Q2 this year, adjusting for this the average daily sales growth year on year was 5.5%. The strong performance in Q2 contrasts markedly to a weather-hindered performance in the first quarter of the year.

The Timber and Joinery category had a major impact on total sales value growth in Q2, up 9.5% year on year. Within this the Sheet Materials sub category was a big contributor.

Heavy Building Materials, the largest product category, also showed strong growth in Q2 2018, up 6.3% on the same period last year.

Looking at the year to date, which takes into account two very different quarters of construction activity, total builders merchants sales in the first six months of 2018 increased by 4.0% over the same six months in 2017.

The BMBI uses GfK’s point of sale tracking data drawn from over 80% of builders merchants’ sales throughout the country, making it the most reliable source of data for the sector.  The full Q2 report can be downloaded at www.bmbi.co.uk

Commenting on the figures, John Newcomb, BMF CEO said: “For the second quarter running the impact of the weather on construction output – and builders merchants sales – is clear to see. The warm, dry weather through much of Q2 has enabled construction work to catch up on sites that had stalled earlier in the year.  The merchant industry will be buoyed by Q2 sales and, with above average temperatures forecast into the autumn, we remain confident of continued growth this year.” 

Richard Frankcom, Client Insight Director at GfK said: “Following the dramatic weather in Q1 delaying the usual end of quarter external work kick off, we had been expecting a strong Q2 performance, and these results did not disappoint. Midway through April the weather improved and May and June delivered strong growth in almost every category. That said, price inflation and one extra trading day in Q2 2018 over the same period in 2017 also had an effect on growth, but we should be content that the builders merchant sector remains in good health.”

 

[News URL: http://cti-timber.org/content/bmbi-q22018-timber-and-joinery-products-sales-95-against-2017]

Third episode of 'Timber Talks' released: Iain McIlwee talks through 'Skills Shortages and Education'

Tune in to the third episode of the ‘Timber Talks’ podcast series with Iain McIlwee, CTI Director and CEO of British Woodworking Federation (BWF).

This week, Iain joins CTI fellow director and podcasts presenter Andrew Carpenter to discuss a hot topic for the entire Timber Industry, ‘Skills shortages and Education.’

On top of that, Iain underlines the necessity for the Timber Sector to embrace the ‘Digitalisation’ era and rethink product design and manufacturing in order to attract young people and move towards a truly sustainable production model.

“Massive opportunities are available throughout the entire Timber supply chain,” says Iain. “Timber is an incredible product and we want to attract the best people – in forests management, manufacturing, design, engineering, research but also Marketing and sales – to promote its potential to the wide public.”

'Timber Talks' series gives users the opportunity to hear the movers and shakers within the Timber Industry discussing the latest news, trends and policies, as well as answering the hot questions of the moment. It's also possible to suggest new topics and raise questions for the speakers by sending an email to [email protected].

Check the CTI media library for the complete list of episodes.

 

[News URL: http://cti-timber.org/content/third-episode-timber-talks-released-iain-mcilwee-talks-through-skills-shortages-and]

China launches FSC National Forest Stewardship Standard

China is the second country in the Asia Pacific region to publish a national forest stewardship standard based on the latest version of the FSC Principles & Criteria.

China imports more wood than any other country in the world. The forests that are FSC-certified in the country are mainly for production and contain monoculture plantations such as poplar and eucalyptus trees with short rotation periods of five to seven years. There are also FSC-certified Chinese fir and pine trees with more extended rotation up to 25 years. In China on average smallholders manage about 2 hectares of forests, with some manage less than 0.1 hectares and some up to 160 hectares.

The new national standard set clear targets for forest managers towards sustainable intensification and proactive management of environmental values. Experts in natural conservation, worker's rights, forest carbon management, poverty alleviation, international trade, and law and legislation helped to write the standard.

Over 80 countries are working to transfer their national standards from version 4 of the Principles and Criteria to version 5. 70 countries are developing national-level standards around the world and usually include representation of social, environmental, and economic stakeholders. FSC-accredited certification bodies are developing interim national standards in countries where we don’t have an FSC representative.

The FSC National Forest Stewardship Standard of the People’s Republic of China can be downloaded here.

 

[News URL: http://cti-timber.org/content/china-launches-fsc-national-forest-stewardship-standard]

CTI partners with 'Evolution of Tradition' show to promote creativity & design in wood

The Confederation of Timber Industries (CTI) has signed up as an official show partner of 'Evolution of Tradition', a new selling exhibition of luxurious bespoke furniture launching this autumn at Design Centre, Chelsea Harbour.

Evolution of Tradition - to run from 2-5 October 2018 - will feature exclusive designs purely from Bespoke Guild Mark holders and is being organised by The Furniture Makers’ Company and Design Centre, Chelsea Harbour.

The Bespoke Guild Mark, awarded by The Furniture Makers’ Company, is the ultimate accolade for designer-makers, rewarding excellence in design, materials, craftsmanship and function for exquisite pieces of furniture

An impressive rollcall of established designer-makers and new talent from the vibrant British craft scene will be exhibiting at the show, including Matthew Burt, Byron & Gómez, Jonathan Field, Marc Fish, Tim Gosling, Alun Heslop, Edward Johnson, John Makepeace OBE, Rupert McBain, Laurent Peacock, Jake Phipps, Angus Ross, Rupert Senior, Katie Walker and Waywood.

Doreen Oddy, guild marks manager of The Furniture Makers Company, said: “Evolution of Tradition is shaping up to be an unmissable event that will demonstrate the world-class mastery of Bespoke Guild Mark holders. We are delighted that two reputable industry trade bodies like the Timber Trade Federation and the Confederation of Timber Industries are supporting it.”

Benedetto Antuono, CTI communications coordinator, said: “The CTI is always pleased to help promote innovative projects using wood in furniture, design and architecture. In this view, Evolution of Tradition represents a great opportunity for talented wood designers to present their creation and raise awareness of the incredible qualities of this sustainable and versatile material. We look forward to collaborating with the Furniture Makers Company and we are sure the exhibition will further push the boundaries of innovation and creativity in design.”

View the event on the CTI Industry Calendar.

 

[News URL: http://cti-timber.org/content/cti-partners-evolution-tradition-show-promote-creativity-design-wood]

Timber Market undergoes biggest period of change in decades

Property Consultants Bidwells have released their Summer 2018 Timber Price Database which looks at the standing conifer timber prices achieved in the six months to September 2017, indicating the timber market has undergone perhaps the biggest period of change seen in decades.

Returns from 79 transactions totalling over 742,000 cubic metres of coniferous timber, with a value to the grower in excess of £28 Million have been received and indicate on average significant price rises over the period.

With Bidwell’s last commentary back in December 2017 stated that there were “current reports of supply shortages and increasing upwards pressure on standing sales values” – this has proved to be something of an understatement as the latest set of results for October 2017 – March 2018 had clearly demonstrated.

All signals are pointing towards prices of coniferous timber throughout Scotland & Northern England having continued to increase since the end of March and there are still considerable supply pressures on timber processors. 

Raymond Henderson, Forestry Partner at Bidwells commented: “It is always difficult to predict the future, given the influence which global demand and exchange rates have on domestic timber values, but the overall macro-economic situation of increasing demand and tightening supplies suggests no reason to suspect a weakening of prices over the short term."

“Good news for timber growers then, but possibly less so for many processors, and given the closely linked health dependence of each sector on the other, it can be in no-one’s best interests to see unsustainably high prices. The hope is therefore that what we have been seeing is a re-basing of timber values at levels which can be maintained in the long term.”

To view the full insights and research, please click on the report here

 

[News URL: http://cti-timber.org/content/timber-market-undergoes-biggest-period-change-decades]

Pages