Germany: Construction industry slows down wood market, despite stable wood prices

Wood prices in Germany barely changed in May, despite difficult sales conditions for both construction timber and exports. Sales in the sawmill industry have shrunk significantly. This scenario will also determine the future development of wood prices. The German  sawmill industry continues to be well stocked with softwood logs. Relatively high stocks were also reported in May. At the same time, demand is relatively subdued both on the domestic market and in exports. In the first quarter of 2024, sales in the German sawmill industry fell by 17% to EUR 1.3 billion compared to the same period last ...

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