What is the current state of the timber industry?
What is the current state of the timber industry? In today's society, health and environmental protection have increasingly become the main theme of society, so log furniture is more and more favored by everyone. Natural, eco-friendly and healthy log furniture reveals the beauty of nature and pristine. The reason why log furniture is long-lasting, from the color analysis, lies in its natural wood color. Wood color furniture is both natural and chemically pollution-free, making it a healthy fashion choice that meets the psychological needs of modern urbanites who admire nature.
The upstream of the wood processing industry mainly includes forest planting and forest conservation industry, adhesive industry, wood processing equipment industry, which is the root of the development of the wood industry. The downstream industry is the demand side of the wood processing industry, and its development has a direct impact on the wood processing industry. Downstream industries mainly include building decoration industry, wooden furniture manufacturing industry, paper industry (wood pulp), cultural and educational office supplies industry and musical instrument manufacturing industry. With the continuous development of new timber mills, products will shift from low-grade to mid-range or higher-end products, and some low-grade timber industries will be transferred to the neighboring central region, mainly for stability, resulting in an overall slump in the timber market. Two key factors are that fixed asset investment and commercial home sales (furniture and renovations) affect wood demand.
From the perspective of the global timber market, the conflict between Russia and Ukraine has affected the supply of wood and energy. Russian timber has lost its international certification, resulting in a complete blockade of timber trade between Russia and Europe. Russia, Belarus and Ukraine accounted for more than 25% of global timber trade last year.
