Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.


 

 

16-31 July 2014

Top story

Europe's construction sector a globally significant market for wood products

Even though growth in EU construction remains modest, investments of nearly euro 1.3 trillion in 2013 made the sector globally significant and a very large consumer of wood products.
 
Euroconstruct is painting a brighter picture for construction growth in the EU. The positive trend in German construction is expected to continue, there will be a rebound in France in 2015 and continued expansion is forecast for the UK. Poland, Ireland, Denmark and Hungary are among the fastest growing construction markets.

Also in this issue

  • Ghana declares no further extraction of rosewood     
  • Indonesia discusses timber trade deal with Australia
  • Indian plywood makers expect better prices from rising investment in housing
  • Brazil’s exports of tropical ply and sawnwood rise
  • Plywood inventories on the rise in Japan
  • China establishes national timber reserve alliance
  • EU laminate flooring market slow to recovery
  • US furniture imports accelerating

Data snapshot

Furniture designers act on manufacturers of ‘look-alikes’






 

There is a flourishing global market for copies of high-end furniture with the "Made in Italy" label. So many Italian companies are now producing’ look-alikes’ that Italian luxury furniture makers are taking legal action.

Making copies of brand furniture is big business and growing fast as internet sales make it easy to avoid detection. While there are no official statistics an association of Italian designers has estimated that sales of’ look-alikes’ were around euro 1.7 billion in 2013 with a large proportion of this being exported.

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