After two years of good economic situation, Polish wood processors are facing weakening demand and intensified cost pressure, resulting not only from increases in raw material prices, but also energy prices (which is particularly severe for producers of wood-based panels, whose share of energy in costs is higher than the industry average ) and payroll costs. High inflation has a limiting effect on the activity on the construction market, it also reduces consumer spending on durable consumer goods (including furniture). However, we do not expect a further sharp decline in demand. Poland's wood industry is still favored by ...
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