EOS GA: Hopes that the European softwood market will “bottom out” this year

European softwood production declined by 6.4% in 2023 to 80,894,000m3 (2022: 86,518,000m3) with a further slight drop expected in 2024, according to the European Organisation of the Sawmilling Industry (EOS). The figures were presented at the EOS summer General Assembly in Helsinki on June 12-13. The forecast for 2024 is 79,459.000m3, which if accurate will be the lowest production output for EOS countries for about nine years. But the EOS says there is hope in the industry that the market will bottom out this year. Production shrunk by 5 ...