Archives: July 2022

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

    In July, the Austrian construction industry is noticeably weakening. Sales of building products made of wood [...]

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

Norway became the largest supplier of softwood logs to the EU instead of Russia which had a share of 49 [...]

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 result reflects the [...]

Demand weakens in UK softwood market

    The solid UK softwood market is uncharacteristically quiet for this time of year, and buyers are [...]

Overview of current trends in the European timber industry

    At the members' meeting of the European Timber Trade Federation (ETTF) on 24 June in Amsterdam [...]

Germans could turn to wood as Russia withholds natural gas

     Germany could embrace wood for heat if Russia further cuts gas flows, Deutsche Bank says.  [...]
July 20, 2022 Latest Trends / Market Analysis / ...Forestry / Europe

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 (EUR 53.47 million) for the [...]

Garnica to 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. The [...]

Estonian wood industry hit hard by falling prices and lower demand

    Estonian lumber producers are facing a harsh reality, where the price of wood is falling and [...]

Rising energy prices- an opportunity for the timber industry?

    Sawn timber, glued laminated timber and solid construction timber prices are currently well below last year [...]