A positive factor for the UK timber trade in 2020 was that the initial downturn in construction sector activity, which is a key driver of timber demand, during the first “great lockdown” was short and followed by a stronger rebound than other areas of the economy. This rebound was losing momentum in the last quarter of 2020, but not before overall construction activity was nearly back to pre-pandemic levels. Repair and maintenance activity, both for housing and non-housing, an important driver for hardwood demand, was actually slightly higher than before the pandemic .   ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!