The current state of the European timber market

As the global economy faces a slowdown, the European timber market is facing a mix of cautious optimism and challenges. Despite no significant growth drivers on the horizon, demand for softwood lumber in Europe is showing tentative signs of improvement, though it remains far from robust. With the world’s largest economies, including the United States and China, experiencing reduced growth, the dynamics in the timber sector are under increasing pressure. Global economic context The global economy finds itself in a period of uncertainty, marked by slowing growth in both the U.S. and China. While some of ...