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Tougher Market Forecasts For European In 2012 – Wood Based Panel, Woodworking Magazine
by
keshanap80
During the International Softwood Conference
(ISC) hosted by Danish Timber in Copenhagen, delegates
have suggested a dubious growth in European softwood consumption and
production in 2012. ISC was attended by 120 delegates from 19
countries.
It was conveyed during the fair that European ISC
member states and North America regions would see 1.4 percent and 6.4
percent rise in output in 2012 following 3.2 percent and 5.18 percent
growth this year which was earlier expected to stand at 1.1 percent and
0.6 percent respectively.
As quoted from the official statement
from the event organisers the figures were rejected by the attendees
claiming to be unsatisfactory and too optimistic. The economic outlook
in almost all European countries has weakened considerably and this
weakening will probably continue, it said. Countries no longer have
funds for stimulation packages, and the turmoil in North Africa and the
Middle East continues to impact the market. So no real recovery or
increase in demand is expected in 2012.
European mills also
expected profitability to be hit next year due to all-time high log
prices in nearly all sources. The US and Canadian industries were
downbeat here too, with their countries forecast housebuilding recovery
failing to materialise.
Some market relief, however, was
expected from increasing log and lumber demand in China. The ISC also
discussed the upcoming anti-illegal logging EU Timber Regulation. Some
delegates expressed concern that suppliers would not be able to comply,
but this was refuted by representatives of producing countries.
The
conference additionally gave the go ahead on a new European-wide wood
and wood products promotion plan to ensure a uniform message is put out
by the industry.
Source: TTJ
Wood Based Panel,
Woodworking Magazine
, Wood And Panel Magazine, European Woodworking Market, Woodworking Fairs
During the International Softwood Conference
(ISC) hosted by Danish Timber in Copenhagen, delegates
have suggested a dubious growth in European softwood consumption and
production in 2012. ISC was attended by 120 delegates from 19
countries.
It was conveyed during the fair that European ISC
member states and North America regions would see 1.4 percent and 6.4
percent rise in output in 2012 following 3.2 percent and 5.18 percent
growth this year which was earlier expected to stand at 1.1 percent and
0.6 percent respectively.
As quoted from the official statement
from the event organisers the figures were rejected by the attendees
claiming to be unsatisfactory and too optimistic. The economic outlook
in almost all European countries has weakened considerably and this
weakening will probably continue, it said. Countries no longer have
funds for stimulation packages, and the turmoil in North Africa and the
Middle East continues to impact the market. So no real recovery or
increase in demand is expected in 2012.
European mills also
expected profitability to be hit next year due to all-time high log
prices in nearly all sources. The US and Canadian industries were
downbeat here too, with their countries forecast housebuilding recovery
failing to materialise.
Some market relief, however, was
expected from increasing log and lumber demand in China. The ISC also
discussed the upcoming anti-illegal logging EU Timber Regulation. Some
delegates expressed concern that suppliers would not be able to comply,
but this was refuted by representatives of producing countries.
The
conference additionally gave the go ahead on a new European-wide wood
and wood products promotion plan to ensure a uniform message is put out
by the industry.
Source: TTJ
Wood Based Panel,
Woodworking Magazine
, Wood And Panel Magazine, European Woodworking Market, Woodworking Fairs
Article Source:
ArticleRich.com