The Global Forest Industry in the 4Q/2017 > Articles & News
25 September 2018
Member authentication
no password?
Articles & News Articles & News

DREMA 2018 towards Industry 4.0

Building as tall as trees at Timber Expo - Press Release

China has increased its sales of softwood from Europe

DANA Conference for forestry industry and wood products will be held on 01-02 October 2018

LIGNUMEXPO-LES - the most important international exhibition of its kind in Slovakia

The price for softwood timber - in continuous growth - Press Release

The Global Forest Industry in the 1Q/2018 - Press Release


Get the fastest, boldest vision of the future at UK Construction Week - Press Release


Where East meets West: Silk Road theme announced for second INDEX design event of 2018


Abrasive Grit Blasting, the Optimal Solution for Cleaning Wood Surfaces

The biggest business meeting for the forestry sector in September in Mostki!

Woodex Asia 2018, an International Exhibition & Seminar on Wood Industry

Expo Forestal 2018 - Biodiversity, Technology, Productivity

How wonderdful the petrified wood can be

This is the time for timber

Nanowood - a new type of insulator

Good prediction on Biomass

The charm of painted wood floors

How should a fabulous rustic home look like?

Balsa wood - the balance between softness and sturdiness

Lignetics bought New England Wood Pellet LLC

Glass Beads for Shot Peening and Cleaning of Surfaces

Press Release: The most significat innovations in forest technology over the past 10 years

Press Release: Which will be the Future Technologies for Food and Biomass Production?

US softwood lumber demand will reach record-hights by 2030

Future Suppliers of Softwood Lumber to the US Market

The Global Forest Industry in the 4Q/2017

New type of wood - stronger than steel

An increase in wooden products exports is expected this year

Furnidec Business, from 9 to 11 March, a landmark for furniture

How to use the white pin to rebuild a school

Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets

Two Okanagan projects have been remarked for excellence in wood architecture and design

The most celebrated projects at Wood Design Awards

Just five hours to mount a prefabricated house


German forests will be used much more as energy sources in the future

The Global Forest Industry in the 4Q/2017

The Global Forest Industry in the 4Q/2017
According to a press realese from WRQ - Wood Resource Quarterly (, the Global Forest Industry in the 4Q/2017 looked like this:

Global Timber Markets
The Global Sawlog Price Index (GSPI) increased to US$76.34/m3 in the 4Q/17, up 1.0 percent from the 3Q/17. This was the fourth consecutive q-o-q rise, with the GSPI being up 9.8 percent in one year.
Sawlog prices have gone up universally in US dollar terms in 2017, with the biggest growth occurring in Eastern Europe, the Nordic countries and in Western North America.
Sawlog prices in Europe were generally lower in the 4Q/17 (in Euro terms) after having reached a two year peak in the 3Q/17. In the 4Q/17, the European Sawlog Price Index (ESPI) fell 1.2% from the previous quarter.

Global Pulpwood Prices
Pulp manufacturers in many countries have seen their wood costs go up during 2017, with the biggest increases in US dollar terms occurring in Western North America, Europe, Russia and Australia.
The Global Softwood Fiber Price Index (SFPI) increased for the third consecutive quarter in the 4Q/17, and was 4.0% higher than in the same quarter in 2016. Year-over-year, wood fiber prices have gone up the most in Western Canada, Sweden, Spain, Russia and Chile.
Hardwood fiber prices have also trended upward over the past year with the Global Hardwood Fiber Price Index (HFPI) reaching its highest level in almost three years during the 4Q/17.

Global Pulp Markets
Pulp production was up throughout the world in 2017 with the total production reaching just over 53 million tons, or 3.2% more than in 2016.
The biggest increase from 2016 was seen in Western Europe where output was up +5.1%. Prices for market pulp reached new record highs in early 2018 when softwood market pulp (NBSK) prices in Europe averaged over $1000 per ton.

Global Lumber Markets
Trade of softwood lumber reached an all-time-high in 2017 as demand for wood was strong in most key markets around the world. An estimated 126 million m3 of softwood lumber was shipped from forest - rich countries such as Canada, Russia, Sweden and Finland to markets with high consumption of lumber, including China, the US, the United Kingdom, Japan and Germany.
US softwood lumber production in 2017 reached the highest level seen in ten years, with the biggest increase in the southern states.
The strong market for lumber in the US led to record high lumber prices in both the US and Canada in late 2017 and early 2018.
Finnish softwood lumber production reached a ten-year high in 2017. The higher production was driven by expanding lumber exports, particularly to China.
Over the past two years, prices for imported softwood lumber to China have been steadily rising and reached the highest levels in three years in early 2018.
The Middle Eastern and North African (MENA) lumber markets grew fast from 2007 to 2015, reaching a peak in 2015. Since then, import volumes have fallen by over 20% to an estimated nine million m3 in 2017.
Although lumber imports to Japan fell in the 4Q/17, the total volume for the year was up slightly for the second consecutive year.

Global Biomass Markets
Global trade of wood pellets has grown quite substantially over the past five years, from 11.8 million tons in 2013 to 18.3 million tons in 2017 with Europe being the dominant market.
Most of the investments in pellet production over the past five years have been in the US South, while investments in Canadian capacity have been limited.
March 13, 2018