Latest Blogs on the Timber Industry & Trade Digitization

Digitization | February 14, 2025

The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) has taken a significant step forward in revolutionising global trade by launching a comprehensive framework for end-to-end supply chain digitalisation.

Wood Show | February 7, 2025

The Dubai WoodShow, Middle East and North Africa's leading exhibition for the wood, furniture, and woodworking machinery industry, returns from April 14th to 16th, 2025, at the Dubai World Trade Centre. This 21st edition promises to be bigger, better, and more insightful than ever before.

Market Trend | January 29, 2025

The Timber Exchange January Barometer provides fresh insights into the global lumber market, revealing how leading industry professionals anticipate price changes over the next three months.

Digitization | January 23, 2025

India's maritime sector is at the edge of a significant transformation, driven by the global shift toward digitalisation. As the global shipping industry increasingly embraces technologies like blockchain, artificial intelligence, and automation, the need for efficiency, cost-effectiveness, and streamlined operations has never been more pressing.

Timber Industry Analysis | January 17, 2025

Volumes of key timber and panel products saw a notable uplift in October 2024, with a 15% increase in total imports compared to October 2023, according to the latest data from Timber Development UK (TDUK). This marks a strong recovery trend, reducing the cumulative import deficit for the year to date to just 1.2%.

Timber Industry Analysis | December 24, 2024

In 2022, Canadian softwood lumber shipments experienced a significant decline, dropping by nearly 2.2 billion board feet—a 9.4% decrease compared to 2021. This downward trend has persisted into 2023, with total shipments falling from 20.9 billion board feet in 2022 to 19.8 billion board feet in 2023, marking a further loss of 1.1 billion board feet.

Timber Industry | December 18, 2024

In an era where speed and clarity are essential, traditional customer service models no longer meet business needs. This is especially true in the global timber industry, where outdated, manual processes can lead to inefficiencies.

Market Trend | December 5, 2024

Muscat is going on a brave journey of reshaping its future without relying on its oil. Oman’s capital is known for its low-rise architecture. It is rich in history and culture—a distinct contrast to its high-rise neighbours.

Market Trend | November 29, 2024

The re-election of Donald Trump as President of the United States has raised significant concerns and speculation among global supply chain leaders. With his return to the White House, there are looming questions about how his policies might reshape global trade networks.

Market Trend | November 20, 2024

Timber Exchange recently conducted a survey to understand market expectations for global lumber prices over the coming three months. The results reveal a generally stable outlook, with a major number of respondents predicting minimal price fluctuations within a -5% to +5% range.