Over the year-ended August 2023, sawn softwood imports totalled 607,417 m3, down 36.5% on the year prior. Imports are beginning to stabilise and look likely to settle somewhere close to 42,000 m3 on average per month, resulting in annual imports falling to an expected 0.5 million m3 before mid-2024. The… Read More
The role of freight costs on timber import prices
Imported timber prices have moderated in recent months, as global demand has deteriorated, local supply and inventory returns toward equilibrium and importantly, as the cost of sea freight retreats like a bully running from a fair fight. Coming fresh from some analysis on this topic, there are a couple of… Read More
Sawn Softwood Freight Import Costs Down 33.5% in 2023
GEELONG, AUSTRALIA Freight costs associated with Australia’s imports of sawn softwood have continued to decline over the course of 2023, according to latest analysis from IndustryEdge. The Australian Sawn Softwood Freight Cost Index (Softwood FCI) reported at 210.0 points in July 2023, down 2.5% on the prior month and a… Read More
Pallets move the nation and the pressure is building
Australia relies on pallets – both hardwood and softwood – to move goods around the nation and to the rest of the world. The pallet pool systems (Chep is mainly hardwood and Loscam is mainly softwood) are an integral part of the global supply chain. Hardwood pallets are typically sturdier… Read More
EWPs & WOOD PANELS MARKET AND TRADE REPORT February 2023
SUMMARY Particleboard imports down 26% year-ended February 2023 Plywood imports down 14.6% year-ended February 2023 MDF Import volumes down 16.0% year-ended February 2023 OSB Imports up 32.3% year-ended February 2023 PARTICLEBOARD – Annual Imports down 26% across YE February 2023 Australia’s annual particleboard dropped 26.0% across the year-ended February 2023,… Read More
SAWNWOOD MARKET AND TRADE REPORT February 2023
SUMMARY Annual Sawnwood apparent consumption up 0.2% year-ended Feb 2023 to 3.816 million m3 Production down 3.9% to 3.029 million m3 Imports grew 19.7% to 0.892 million m3 Exports up 19.9% to 0.105 million m3 Victorian imports overtake NSW, totalling just over 340,000 m3 AUSTRALIAN SAWN SOFTWOOD CONSUMPTION Annual… Read More
Rental vacancies are another reason housing demand will barely miss a beat
GEELONG, AUSTRALIA In Australia’s capital cities, rental vacancies have eased ever so slightly since mid-2022. At 1.58% in February 2023, PropTrack’s assessment means there is now a ‘slim chance’ a potential renter will get a property, up from ‘no hope’ just a few months ago. In the regions, it is… Read More
Panel and EWP imports YE December 2022
Imports of Australia’s main panel and EWP products varied across the year-ended December. OSB was up, while Plywood, MDF and Particleboard were down. The details are provided for each of the main grades and can be analysed specifically on the Wood Market Edge dashboard on SilvaStat360. Particleboard imports down… Read More
Panel and EWP imports YE October 2022
Imports of Australia’s main panel and EWP products varied across the year-ended October. OSB and Plywood were up, MDF and Particleboard down. The details are provided for each of the main grades and can be analysed specifically on the Wood Market Edge dashboard on SilvaStat360. Particleboard imports down 30.9%… Read More
Panel and EWP imports YE September 2022
Imports of Australia’s main panel and EWP products varied across the year-ended September. OSB and Plywood were up, MDF and Particleboard down. The details are provided for each of the main grades and can be analysed specifically on the Wood Market Edge dashboard on SilvaStat360. Particleboard imports down 36.3%… Read More