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.


 

 

16-30 September 2017

Top story

Rise in Japan’s log and sawnwood exports

In the first six months of this year Japan exported almost 480,000 cubic metres of logs, up over 50% year on year. Sawnwood exports jumped almost 60% to around 63,000 cubic metres in the same period.

China was the largest buyer of Japanese logs and the Philippines became one of the major buyers of sawnwood.

Importers in Taiwan P.o.C have expressed interest in Japanese plywood, LVL and CLT. Japanese sawnwood is exported to the US where it is used as a substitute for western red cedar for fencing.


Also in this issue

  • Dip in African log FOB prices – a short term adjustment say producers
  • Ghana’s domestic market starved of wood says local association
  • Demise of furniture making in South Africa
  • Indonesian furniture industry struggles to secure raw rattan
  • Massive ancient teak tree discovered in Myanmar
  • Zero deforestation and income generation achieved in high risk Brazilian forest reserve
  • Tropical and Chinese suppliers claw back EU furniture market share
  • Amazon enters US retail market for large furniture items

             

Data snapshot

On-line furniture sales surging



Data source: CSIL


CSIL, the Milan based furniture market research specialist, has release a report “E-commerce for the furniture industry”.

This says e-commerce accounts for 4% of the global furniture sales but, while global furniture consumption increased by 1.3% between 2012-2016, on-line sales grew at 15% annually.

For more see: https://www.worldfurnitureonline.com/research-market/e-commerce-furniture-industry-0058529.html

Download report