The Ministry of Industry (Kemenperin) reports exports of domestically made furniture products at US$1.2 billion from January-July 2024, after achieving export earnings of US$2.11 billion in 2023. Referring to the figures, Director General of Small, Medium and Multifarious Industries (IKMA) Reni Yanita said the potential of domestic furniture products is considerable.

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According to Global Wood Trade Network, in the first six months of 2024, German particleboard manufacturers produced around 3.8 million m3 (+0.06%), almost the same volume as in the same period of the previous year. This brings the downward trend of the previous years 2022 and 2023 to a halt for the time being.

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Construction input prices decreased 0.9 percent in September compared to the previous month, according to an Associated Builders and Contractors analysis of US Bureau of Labor Statistics’ Producer Price Index data released October 11th. Nonresidential construction input prices also decreased 0.9 percent for the month.

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Statistics Canada (StatCan) reported that Canadian lumber production decreased 7.7% to 3,681.5 thousand cubic meters in July. Year-over-year, production was up 2.8%, according to Statistics Canada. 

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The Ministry of Industry (Kemenperin) reports exports of domestically made furniture products at US$1.2 billion from January-July 2024 in Indonesia, after achieving export earnings of US$2.11 billion in 2023. Referring to the figures, Director General of Small, Medium and Multifarious Industries (IKMA) Reni Yanita said the potential of domestic furniture products is considerable.

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According to Global Wood Trade Network, in the first seven months, the Swedish sawmill industry exported 7.8 million m3 of softwood lumber, recording a year-on-year decrease of 6.5%. 

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According to Canadian Press, it reported that OTTAWA — Statistics Canada says manufacturing sales rose 1.4 per cent to $71 billion in July, helped by higher sales in the petroleum and coal and chemical product subsectors.

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According to the Decorative Hardwoods Association, Vietnam's wood and wood products exports reached $9.5 billion this year by mid-August, up by 24 percent year-over-year.

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The latest data show that China's log imports in January-July 2024 amounted to 21.85 million cubic metres, a year-on-year decline of 6.2 percent; the import value was $3.818 billion, a year-on-year decline of 5.8 percent; the average price of imports was $174.72 per cubic metre, a slight increase over the same period in 2023, when the average price was $173.96 per cubic metre.

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The latest data show that China's log imports in January-July 2024 amounted to 21.85 million cubic metres, a year-on-year decline of 6.2 percent; the import value was $3.818 billion, a year-on-year decline of 5.8 percent; the average price of imports was $174.72 per cubic metre, a slight increase over the same period in 2023, when the average price was $173.96 per cubic metre.

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