Since early 2022, Russian lumber export prices have fallen by 50%, attributed to import boycotts following the Ukraine invasion, reduced demand in China, and ruble depreciation. Russian lumber export prices have fallen from an early 2022 peak of $310/m³ to $163/m³ in Q3 2023, with significant declines observed in Russia's Northwest, Far East, and Siberia. Export volumes, reaching over 31 million m³ in 2020, decreased to around 23 million m³ in 2022. This year's estimate suggests a further decline below 21 million m³, marking a 25% or 4.6 million m³ decrease since ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
