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.


 

 

1-15 February 2014

Top story

US wooden window market to grow 12% in 2014

 

The share of wood windows in the total US window market is forecast to be around 18% in 2014, according to a market overview in the Wood Products Almanac (December 2013).  While this is slightly lower than in 2013, the size of the window market will be larger such that sales of wooden windows could be up 12% in 2014.
 
The total US window market is expected to grow from 46.1 million units in 2013 to 52.5 million units in 2014. 2015 demand is projected to reach 57.5 million window units.

 


 

 

Also in this issue

  • Top SE Asian furniture fair to open in March
  • Debate rages over exports of Myanmar teak baulks
  • Arunachal Pradesh to industrialise its bamboo resource
  • China the top importer of Brazilian sawnwood
  • Impressive growth in Japan’s housing starts
  • Flow of new orders and factory output fall in China
  • EU imports of tropical hardwood fell to new lows in 2013
  • Lacklustre EU demand in 2014
  • Strong growth in US furniture manufacturing

Data snapshot

 
 

Planted forest area brazil eucalyptus pine SFM

Data source  http://www.census.gov/construction/chars/completed.html

The US Census periodically surveys US households. Data from the most recent survey have just been released revealing American homes have changed dramatically since the first survey in 1973. For example air conditioning, once a luxury, is now common; also homes now commonly have more than one bathroom.
 
Data on the number of bedrooms is collected and used for a variety of assessments conducted by the US Department of Housing and Urban Development (e.g. calculating Fair Market Rents).  Data on changes in the number of bedrooms in US homes is also is useful for production planning and marketing by furniture manufacturers.

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