Panels & Furniture Asia July/August 2020
Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.
Panels & Furniture Asia (PFA) is a leading regional trade magazine dedicated to the woodbased panel, furniture and flooring processing industry. Published bi-monthly since 2000, PFA delivers authentic journalism to cover the latest news, technology, machinery, projects, products and trade events throughout the sector. With a hardcopy and digital readership comprising manufacturers, designers and specifiers, among others, PFA is the platform of choice for connecting brands across the global woodworking landscape.
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20 | MARKET REPORT<br />
<strong>July</strong> / <strong>August</strong> <strong>2020</strong>, Issue 4 | <strong>Panels</strong> & <strong>Furniture</strong> <strong>Asia</strong><br />
It is imperative for readers to understand<br />
that the data in these images are taken<br />
from a specific period of time. It is certain<br />
these numbers will change as <strong>2020</strong><br />
progresses and reaches its conclusion.<br />
As stated previously, conditions are fluid.<br />
However, the data reveal notable<br />
trends. Even though these trends might<br />
change, data have clearly shown that<br />
US hardwood lumber supplies and<br />
production capabilities have contracted.<br />
The volume of lumber once produced is<br />
not being produced now. Furthermore,<br />
sawmill and dry kiln production capacity<br />
curtailments mean the volume of US<br />
hardwood lumber previously entering<br />
global markets will no longer be available<br />
until there are positive shifts in business<br />
direction. Excess supplies are diminished.<br />
The abundance of future supplies is<br />
uncertain. P<br />
Graph 3<br />
HMR is the leading source of pricing<br />
and market information for North<br />
American hardwoods. It has provided<br />
reliable, expert analysis of pricing<br />
and market trends to hardwood<br />
companies throughout the world<br />
since 1922. Sample copies and<br />
subscription services for Hardwood<br />
Market Report ® and all other HMR<br />
publications are available online at<br />
www.hmr.com.<br />
Graph 4<br />
Table 1
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