French Timber Federation expects hardwood lumber production to exceed 1.6 million m3 this year as Euro-US$ exchange rate reduces competition from U.S. imports

Wendy Lisney

Wendy Lisney

LOS ANGELES , September 27, 2011 () – The French Timber Federation expects the country's production of sawn hardwood to exceed 1.6 million m3 this year, returning to 2008 levels.

Production dropped to 1.32 million m3 in 2009 and last year reached 1.5 million m3, according to a report by U.K. timber industry magazine TTJ.

Jacques Ducerf, president of French hardwood promotion organization APCEF, said the increase had been supported by growing export markets, particularly in Northern Europe. He noted that while the Euro-U.S. dollar exchange rate remains at around US$1.5, French producers are less hampered by exchange rate issues, especially in markets where they are not competing with American oaks.

A group of 11 French sawmills have formed an export sales group focusing on the Chinese market, and says it has successfully persuaded Chinese buyers to buy sawn timber rather than logs.

The primary source of this article is TTJ, The Timber Industry Magazine, Sidcup, U.K. on Sept. 27, 2011.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.