UK timber industry stabilizes as construction declines

The timber industry in the UK is currently experiencing a period of stability, which is in contrast to the fluctuating trends observed in recent years. The latest import statistics indicate this stability, although the broader forecasts for the construction industry predict a significant decrease in output. In May 2023, a notable occurrence took place within the timber sector. The majority of imported timber and panel products saw their highest monthly volumes for the year, a situation that rarely happens. This increase was observed across various categories, including softwood, hardwood, plywood, particleboard, and engineered wood products. Notably, softwood imports displayed ...