France braces for difficult year in domestic wood market amid economic challenges

The situation looks "less favorable" for France's wood market this year, due to a more difficult economic environment, warned the French National Forestry Office (ONF). "The international context and the looming economic recession are raising fears of a more difficult 2023, with a decline in economic activity and prices, particularly for softwood," the public institution said in a note. This year's situation is expected to contrast with that of last year, which was considered prosperous for the market thanks to an increase in demand and prices. The economic climate appears less favorable this year, with ...