Wood Market Trends in Europe - BC Coastal Initiative
Wood Market Trends in Europe - BC Coastal Initiative
Wood Market Trends in Europe - BC Coastal Initiative
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38<br />
Photo credit: Andrea Bernasconi/LIGNUM<br />
Grow<strong>in</strong>g market<br />
competition, substitution<br />
and decreased<br />
profi tability <strong>in</strong> the forest<br />
<strong>in</strong>dustry have re<strong>in</strong>forced<br />
the need for wood<br />
promotion <strong>in</strong> recent<br />
years.<br />
Trend towards generic wood promotion campaigns<br />
F<strong>in</strong>land, Norway and Sweden were the fi rst to recognize the advantages of<br />
jo<strong>in</strong>t promotion. The “Nordic Timber Council” promoted Scand<strong>in</strong>avian wood<br />
<strong>in</strong> <strong>Europe</strong> until 2006. S<strong>in</strong>ce then they have moved to generic wood promotion<br />
and greater cooperation with other <strong>Europe</strong>an countries. National wood<br />
promotion agencies are recogniz<strong>in</strong>g that generic wood promotion is more<br />
effective than campaigns for “national” wood products.<br />
Exist<strong>in</strong>g wood promotion expertise <strong>in</strong> Scand<strong>in</strong>avia and elsewhere <strong>in</strong> Western<br />
<strong>Europe</strong> is be<strong>in</strong>g transferred to the new EU members <strong>in</strong> Eastern <strong>Europe</strong>.<br />
Cultural differences and the countries’ proprietary fund<strong>in</strong>g sources to build<br />
their own domestic and export markets rema<strong>in</strong> barriers to implement<strong>in</strong>g<br />
more jo<strong>in</strong>t campaigns.<br />
MARKET OPPORTUNITIES<br />
Photo credit: Cor<strong>in</strong>ne Cuendet, Clarens/LIGNUM<br />
The Canadian <strong>in</strong>dustry should capitalize on, and possibly<br />
participate <strong>in</strong>, wood promotion campaigns across <strong>Europe</strong>.<br />
Benefi ts from the Roadmap 2010 program to <strong>in</strong>crease wood<br />
consumption <strong>in</strong>clude both a potentially larger market <strong>in</strong> <strong>Europe</strong><br />
and less competition from <strong>Europe</strong>an manufacturers <strong>in</strong> offshore<br />
markets.