Ride out the choppy waters

forecast 2023
Ride out the choppy waters
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The long-term future for timber construction remains bright despite turbulent times ahead for 2023. The timber supply chain – alongside the wider construction industry – is facing stormy weather amidst gloomy economic projections for the UK in 2023, as recession looms and the cost of living pushes prices higher. But...
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import patterns
More ‘regular’ timber import patterns seen in Q4 2022, says TDUK
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The gap between record 2021 volumes and low 2022 volumes began to close in November, with imports resembling more regular winter totals. The disparity in total volumes between 2021 and 2022 was just 14% in November, compared to 22% in October and 21% in September. The reduced disparity between 2021...
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timber industry
What lies ahead: the timber industry speaks out
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With an uncertain economic future ahead, we asked timber industry suppliers how they were preparing for the challenges of 2023. Here’s what they said. Paul Pennick, MKM Building Supplies  Encourage more engagement with timber Paul Pennick, Timber Product Manager, MKM Building Supplies, says: “Our focus as we move into 2023 is,...
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timber import patterns
Timber import patterns witnessed a considerable shift in 2022, says TDUK
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2022 witnessed a considerable shift in timber trading patterns, with the Republic of Ireland (ROI), Latvia, and China supplying significant volumes to the UK. Softwood imports from the ROI increased by 48% in 2022, overtaking supplies from both Germany and Russia. This comes despite low overall softwood volumes, with imports...
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timber import patterns
Average yearly timber import totals remain steady, despite steep declines in 2022, says TDUK
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Average timber import totals from 2010 to 2022 have seen steady growth, despite significant fluctuation in 2021 and 2022, according to the latest TDUK statistics. The moving average of timber imports has increased by 2.3 million m3 since 2010, suggesting long-term stability in the timber supply chain. This can be...
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Timber’s future
Timber’s future remains bright despite turbulent times
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More than 130 industry leaders came together yesterday to discuss the state of the timber trade at Timber Development’s UK’s (TDUK) Global Market Conference – in what is the most important event in the calendar year for timber suppliers. While speakers warned of stormy weather amidst gloomy economic projections for...
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timber import patterns
Timber imports decline but stocks remain steady, says TDUK
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Timber supply in the UK remains strong despite falling import volumes in July 2022, according to the latest Timber Development UK statistics. Overall import volumes in the first seven months of 2022 stand at 6.1 million m3 – 1.1 million m3 lower than the same period in 2021. Despite this,...
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timber forest
A positive market outlook – despite reduced growth
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The market outlook for the timber industry remains strong despite concerns over rising inflation and reduced growth. Nick Boulton, head of technical and trade at Timber Development UK, explains. The timber industry experienced an interesting start to 2022 following the Russian invasion of Ukraine, and Timber Development UK’s latest market...
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Timber Development UK release market statement
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Timber Development UK has released its latest quarterly market statement which outlines the supply, demand and price trends seen in early 2022.
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Construction activity buoyant, but strong headwinds coming, warns construction products association
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In its latest quarterly forecast, the Construction Products Association (CPA) sees a dramatic slowing in growth, with uncertainty ahead as global issues start to affect the UK market.
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