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
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
Sawn Softwood consumption year-ended September 2022
Annual sawn softwood consumption estimate 3.928 million m3 Australia’s estimated apparent Sawn Softwood consumption for the year ended September 2022 totalled 3.928 million m3. Compared to the previous year, this represents an increase in annual consumption of 7.0% Production for the year (where domestic sales are the proxy measure), was… Read More
Softwood consumption year-ended August 2022
Annual sawn softwood consumption estimate 3.929 million m3 Australia’s estimated apparent Sawn Softwood consumption for the year ended August 2022 totalled 3.929 million m3. Compared to the previous year, this represents an increase in annual consumption of 7.2% Production for the year (where domestic sales are the proxy measure), was… Read More
Softwood consumption year-ended July 2022
Annual sawn softwood consumption estimate 3.913 million m3 Australia’s estimated apparent Sawn Softwood consumption for the year ended July 2022 totalled 3.913 million m3. Compared to the previous year, this represents an increase in annual consumption of 7.8% Production for the year (where domestic sales are the proxy measure), was… Read More
Softwood consumption year-ended June 2022
Annual sawn softwood consumption estimate 3.921 million m3 Australia’s estimated apparent Sawn Softwood consumption for the year ended June 2022 totalled 3.921 million m3. Compared to the previous year, this represents an increase in annual consumption of 8.0% Production for the year (where domestic sales are the proxy measure), was… Read More
Russian imports of timber and EWPs slump
GEELONG, AUSTRALIA Imports of wood products from Russia to Australia slumped in June 2022, with the total value of imports crashing 53% compared to the prior month. Valued at a total AUD4.2 million on a free-on-board basis, the value of monthly imports from Russia was the lowest for fourteen months. Read More