Recent study emphasizes the impact of military activities on Ukraine's forests, urging for sustainable forest management practices.
Russian invasion of Ukraine
However, the production volume was 3% lower than the pre-sanction levels.
The ban on Russian and Belarusian wood imports has led to a biomass shortage in the Baltic timber market, causing prices for logs to rise.
Metsä Group halted operations at its Metsä Svir sawmill and ceased timber purchases in the country in March 2022 after Russian invasion of Ukraine.
The average price of Russian lumber in Japan declined 27%.
EOS and CEI-Bois statement for possible Japanese imports ban on Russian wood products.
Russian plywood exports to the U.S. have plummeted by 68% compared to pre-sanction levels.
Last year, lumber production lost 1.7 million m3 compared to the pre-sanction level.
Instead of the European Union, the largest market for pellet exports from the country has become South Korea.
Despite hopes that lost shipments to Europe would find alternative markets in Asia, CIS states, or the MENA region, most have not been redirected.
Dmitry Levchenko, the general director of the company IFK RNGS Capital, which supplied lumber, was also arrested.
Russian exports of lumber and rough wood fell sharply in 2023 due to sanctions caused by the Russian invasion of Ukraine.
Average price of lumber lost 30%.
Ponsse’s export and service operations in Russia have been suspended since March 2022.
The deal should be completed by the end of this year.
Along with the closing of the transaction, the company completed its almost thirty-year history of investments in Russia.
Russia currently faces an excess of approximately 600 thousand tons of corrugated cardboard, and this surplus is expected to reach a total of 1 million tons.
Some unscrupulous traders falsely declare the origin of the wood as Kazakhstan or Kyrgyzstan when it actually comes from Belarus. EPAL does not have licensees in these countries.
The total log import volume to Finland and Sweden was just over 8 million m3 last year compared to an average of almost 16 million m3 annually throughout the previous decade.
The organization advised its members to exercise caution when encountering offers of birch plywood labeled as "from the Far East" or originating from countries like Turkey, Kazakhstan, or Kyrgyzstan.