Timber Update June 2024

28th June 2024

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Industry Update

  • Timber Exchange reports that US-driven growth has boosted the global economic outlook to 3%.
  • Timber Development UK (TDUK) reports weaker volumes during Q1 this year compared to last year. Despite this, import volumes are largely stable. TDUK Head of Technical and Trade, Nick Boulton, says we must now look towards opportunities that prioritise housebuilding and construction post general election.

Company News

This month, our team had the pleasure of attending the Carrefour International du Bois in Nantes, France, alongside other Timber Development UK members. It was a fantastic event to catch up with suppliers and friends. We participated in important conversations that will help prepare us to continue supporting a successful and stable future of timber supply in the UK.

We are also attending the TIMCON Dinner and AGM in Edinburgh this September. Our Timber Director, Simon Tucker, will be presenting an overview of the homegrown timber pallet market. As well as other industry specialists, there will be representatives from legislative/policy making bodies. We look forward to seeing some of you there!

Company news 1

Product Update

Help your customers make the most of the summer sun!

Transform outdoor spaces for optimal entertaining and relaxation with composite decking. Get in touch with our team to organise samples of Composite Prime’s premium decking ranges: HD Deck Dual, HD Deck Pro and HD Deck XS.

Call 0203 794 9377 or email us at enquiries@tmtimber.co.uk

HD Deck Dual Thame Farmhouse10 2

Interesting Listen

Forestry England have started a podcast series to help us stay connected to nature.

Get started with their first six episodes and join host Bex Lindsay as she converses with people who dedicate their time to making the most of our nation’s incredible forests. From wellness, art and history, this podcast provides the perfect listening while commuting or unwinding.

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Fun Fact!

Did you know 12,960 hectares of new woodland were created in the UK in 2022/23?

That is the equivalent to 18,253 football pitches!

Read more about the key forestry findings for the UK here
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