The situation in the Estonian timber sector is difficult

The situation in the Estonian timber sector is difficult, there has been an economic recession for several quarters in a row, the rise in interest rates has strongly inhibited construction activities, input prices are high, competitiveness in export markets has decreased. On behalf of the Estonian Private Forestry Association, Heiki Hepner  provides an overview of the timber market. Hepner says that if you look at the bigger picture of the timber industry, then there is not much good news to be expected. "Not only the wood industry, but the entire industrial sector is in decline. There are various global ...