Lithuanian wood industry on the road to recovery

by ssbhayani | May 9, 2024 | #timberindustrynews, Daily News, furniture, Industry News, Lithuania, wood industry

In 2023 The Lithuanian wood and furniture industry, which has experienced a…

IKEA continues to cut prices in response to economic pressures

by ssbhayani | May 1, 2024 | #timberindustrynews, Daily News, furniture, Ikea, Industry News, Lumber Pricing Trends, prices

Amid economic pressures and reduced consumer spending, IKEA, under the stewardship of Ingka Group,…

The Red Sea crisis seriously affects U.S. furniture imports

by ssbhayani | Feb 27, 2024 | #timberindustrynews, Daily News, furniture, imports, Industry News, US

Citing recent US media reports, the Red Sea crisis continues to ferment…

Italian wood furniture industry declines 8% in 2023, with U.S. exports falling

by ssbhayani | Feb 21, 2024 | #timberindustrynews, Daily News, furniture, Industry News, Italian furniture, Italy, wood exports

The Italian wood furniture industry declined 8.1% in 2023 from 2022 to…

Ikea pushes for new price cuts; sees economic and supply chain improvements

by ssbhayani | Feb 6, 2024 | #timberindustrynews, Daily News, furniture, Ikea, Industry News, Lumber Pricing Trends, prices

Two years ago, Ingka Group, Ikea’s parent company, faced challenges and increased…

India: Mandatory standards for for panels and furniture worry manufacturers

by ssbhayani | Dec 5, 2023 | #timberindustrynews, Daily News, furniture, India, Industry News, panels, standards

The Bureau of Indian Standards (BIS) has issued mandatory quality control orders…