The Swedish company IKEA, which in March of this year closed its stores in Russia, was in a difficult situation due to the imposed restrictions on the export of wood from the Russian side. What these restrictions threaten European companies, we will tell in more detail.

In early March, Russia stopped all the exports of wood and wood materials to the so -called unfriendly countries. At first, the ban touched the birch plywood, and after all the rest of the forestry raw materials. The ban on export was imposed against the backdrop of anti -dumping duties of Western European countries on a finished plywood from Russia.

Contrary to the common opinion on the rampant cutting and export of the Russian forest to China, most of it was exported precisely to Western countries.

The most strongly western part of the continent depends on the supply of Russian birch plywood. The export of birch plywood was about half of the entire European market.

According to the Ministry of Industry and Trade, Finland will suffer most of restrictions. Indeed, in the market of this country, Russian suppliers provide about 15% of demand for wood raw materials.

In addition, the Ministry of Industry and Trade believes that restriction of deliveries abroad will ensure the needs of the domestic market in accessible raw materials, as well as stimulate a further increase in wood processing.

The domestic IT project SFERA can rightfully be considered the most ambitious project in the world. His release is not far off. The collection of registration applications is opened. To learn more about Sfera, follow the link.

Earlier, in July 2021, IKEA decided to abandon the Russian wood received during sanitary cuts in the Far East and Siberia. This was due to a grand scandal in connection with illegal logging, which was also involved in the Swedish company itself.

Illegal deforestation in the territory of 15,000 hectares was confirmed by decisions of arbitration courts.

Now a new surprise for the company is an embargo for the export of Russian wood.

As a result, it turns out that the ban on the export of wood is most likely to lead to companies such as IKEA will not be able to increase their own production. What threatens them with significant costs in production. After all, it will be impossible to replace such a volume at a time.

Were you significant for you from the Russian market of the Swedish company? Perhaps there are other companies that are fully able to replace IKEA products?

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