Austria: Wood prices have fallen sharply this year

After price records in the pandemic years 2020/2021, the sales markets for wood in Austria have literally collapsed in the current year. The prices for round and sawn timber fell up to 47 percent. The Tyrolean timber industry is also struggling with falling demand while warehouses are full. As with food or energy, wood and thus the wood prices of the domestic wood industry are tied to the world market. And he's going through a downward spiral. The prices for both round timber and sawn timber have fallen sharply, demand is falling and there is an oversupply ...