The Norwegian timber industry faces a complex situation marked by record-high timber prices and growing concerns over increased exports. While forest owners benefit from unprecedented earnings, domestic producers are sounding alarms over potential shortages and rising costs that could disrupt local markets. According to the Norwegian Forest Owners' Association and Statistics Norway (SSB), timber prices have surged by 26% over the past year. In the third quarter of 2024, forest owners received an average of 694 NOK per cubic meter (approximately 59 EUR), with sawlogs fetching up to 830 NOK for spruce (70 EUR) and 787 NOK for ...
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