Sales in the German timber trade are declining due to downturn in construction

The German timber trade is feeling the effects of the downturn in construction. The timber trade in Germany is clearly feeling the very restrained demand and the weak construction sector. The general association of the German timber trade (GD Holz) explains that the uncertainty surrounding the planned building energy law is causing considerable reluctance to invest in the construction industry and in renovation. Demand and prices fall Sales and price developments for the most important ranges in the timber trade therefore declined significantly across the board in the first seven months. The 14% decline in sales is ...