Rising timber prices in Estonia

In August 2024, the Estonian forestry market saw significant price fluctuations across various timber assortments, with notable increases in pine and spruce products, while firewood continued its downward trend.  In July, prices for pine logs showed a slight decline or remained stable, but August brought a noticeable price increase across all assortments. Pine logs rose by 5.1% in a month, small-diameter pine logs by 7.2%. Conversely, spruce logs experienced a more modest rise in August, with standard logs increasing by 1.1%, small-diameter spruce logs by 0.8%. Over the last three months, the ...