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Global Trends

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Estonia: Softwood lumber market prices down by 20%

The market price of softwood lumber in Estonia has fallen by up…

Demand weakens in UK softwood market

The solid UK softwood market is uncharacteristically quiet for this time of…

Austria: Softwood log prices are falling, energy wood prices are increasing noticeably

In July, the Austrian construction industry is noticeably weakening. Sales of building…

Norway boosts softwood log exports to EU countries filling Russian supply gap

Norway became the largest supplier of softwood logs to the EU instead…

Södra delivers strong result in Q2/2022, sees market outlook as highly uncertain

Södra posted a robust result for the second quarter of 2022. The…

Overview of current trends in the European timber industry

At the members’ meeting of the European Timber Trade Federation (ETTF) on…

Germans could turn to wood as Russia withholds natural gas, Deutsche Bank says

Germany could embrace wood for heat if Russia further cuts gas flows,…

Swedish Setra sees uncertainty for the wood markets to be more pronounced in 3Q/2022

Swedish wood products company Setra has reported an operating profit of SEK 564 million…

Garnica will open its next factory in the French region of Champagne in 2022

Garnica’s new factory is located in Troyes, the Sud Champagne region in northern France.…

Estonian wood industry hit hard by falling prices and lower demand

Estonian lumber producers are facing a harsh reality, where the price of…