Austrian wood industry faces difficult times

"The  Austrian wood industry held up relatively well in 2023 in a difficult environment. The ongoing weakness of the construction industry is also leaving its mark on our industry." This is the conclusion drawn by Herbert Jöbstl, Chairman of the Austrian Wood Industry Association. The 1,289 member companies of the Austrian Wood Industry Association sold goods worth €9.8 billion in 2023, a decrease of 18.5% compared to the previous year. "We are seeing a trend of declining production across Europe and worldwide. In Austria, the wood industry is still well positioned in view of the recession ...