Germany's timber market is witnessing a sustained decline in the prices of pine and spruce logs, as evidenced by the latest producer price indices released by Destatis for August 2023. The data portrays a notable downturn in the pricing of various log qualities, indicating potential challenges for the forestry industry at large. According to the data, the average index for log wood showed a significant decline of -9.2%, resting at 94.8 points for spruce. Notably, B qualities recorded a notable downturn, reaching 97 points (-10.7%), primarily influenced by 3-meter lengths, which experienced a decline ...
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