Cameroon is amongst the world's largest forest areas. The domestic timber industry is a key sector to the national economy and creates thousands of jobs.
Russian exporters of logs and lumber had a good opportunity to increase shipments given the much-depreciated Russian Ruble. But log exports declined last quarter, and softwood sawlog exports rose just 2 to 3% in the 4th quarter of 2014. But 2015 should see increases.
In Cuba, wood industry opportunities will have to wait until Congress acts on trade restrictions. With diplomatic relations normalized last week by the White House, it's likely tourism will grow, affecting U.S. hospitality furniture manufacturers.
In the world of sawmilling, very few logs come right out and announce that they are going to twist. They don’t say, “Don’t waste your time cutting me, idiot!”
Exportation of logs and lumber from North America to China fell by 17% to 2.1 billion dollars in 2012, but a turn-around in shipments is expected in 2013, reports the Wood Resource Quarterly.
The usual, seasonal pattern of higher foreign demand for North American hardwoods in October did not materialize this year. Instead, buyers in most countries remained cautious.
According to Wood Resource Quarterly, global trade of softwood logs increased by almost 20% in the first quarter 2010, after having fallen 30% over the past two years.