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Tougher Market Forecasts For European In 2012 – Wood Based Panel, Woodworking Magazine

by

keshanap80

During the International Softwood Conference

(ISC) hosted by Danish Timber in Copenhagen, delegates

have suggested a dubious growth in European softwood consumption and

production in 2012. ISC was attended by 120 delegates from 19

countries. 

It was conveyed during the fair that European ISC

member states and North America regions would see 1.4 percent and 6.4

percent rise in output in 2012 following 3.2 percent and 5.18 percent

growth this year which was earlier expected to  stand at 1.1 percent and

0.6 percent respectively.

As quoted from the official statement

from the event organisers the figures were rejected by the attendees

claiming to be unsatisfactory and too optimistic. The economic outlook

in almost all European countries has weakened considerably and this

weakening will probably continue, it said. Countries no longer have

funds for stimulation packages, and the turmoil in North Africa and the

Middle East continues to impact the market. So no real recovery or

increase in demand is expected in 2012.

European mills also

expected profitability to be hit next year due to all-time high log

prices in nearly all sources. The US and Canadian industries were

downbeat here too, with their countries forecast housebuilding recovery

failing to materialise.

Some market relief, however, was

expected from increasing log and lumber demand in China. The ISC also

discussed the upcoming anti-illegal logging EU Timber Regulation. Some

delegates expressed concern that suppliers would not be able to comply,

but this was refuted by representatives of producing countries.

The

conference additionally gave the go ahead on a new European-wide wood

and wood products promotion plan to ensure a uniform message is put out

by the industry.

Source: TTJ

Wood Based Panel,

Woodworking Magazine

, Wood And Panel Magazine, European Woodworking Market, Woodworking Fairs

During the International Softwood Conference

(ISC) hosted by Danish Timber in Copenhagen, delegates

have suggested a dubious growth in European softwood consumption and

production in 2012. ISC was attended by 120 delegates from 19

countries. 

It was conveyed during the fair that European ISC

member states and North America regions would see 1.4 percent and 6.4

percent rise in output in 2012 following 3.2 percent and 5.18 percent

growth this year which was earlier expected to  stand at 1.1 percent and

0.6 percent respectively.

As quoted from the official statement

from the event organisers the figures were rejected by the attendees

claiming to be unsatisfactory and too optimistic. The economic outlook

in almost all European countries has weakened considerably and this

weakening will probably continue, it said. Countries no longer have

funds for stimulation packages, and the turmoil in North Africa and the

Middle East continues to impact the market. So no real recovery or

increase in demand is expected in 2012.

European mills also

expected profitability to be hit next year due to all-time high log

prices in nearly all sources. The US and Canadian industries were

downbeat here too, with their countries forecast housebuilding recovery

failing to materialise.

Some market relief, however, was

expected from increasing log and lumber demand in China. The ISC also

discussed the upcoming anti-illegal logging EU Timber Regulation. Some

delegates expressed concern that suppliers would not be able to comply,

but this was refuted by representatives of producing countries.

The

conference additionally gave the go ahead on a new European-wide wood

and wood products promotion plan to ensure a uniform message is put out

by the industry.

Source: TTJ

Wood Based Panel,

Woodworking Magazine

, Wood And Panel Magazine, European Woodworking Market, Woodworking Fairs

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