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Hardwood: State of the Industry 2022

Floor Covering News

These include rising inflation , higher raw materials pricing amid inconsistent availability and, now, a war in Ukraine that has threatened the supply of so many goods and services, including Russia-sourced birch lumber that goes into the core layer of many engineered hardwood flooring products sold globally today. We don’t have that issue.

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Stats 2021: Price hikes, organic growth drive wood’s increases

Floor Covering News

“We estimate that probably 10% of the 21% growth in sales that hardwood achieved last year was probably due to price hikes and inflation,” said Brian Carson, president and CEO of AHF Products. This despite the immense popularity of the resilient category, specifically LVP/SPC/WPC products. million sales in hardwood products last year.

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