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November 7, 2022

UK: Uncertain timber market conditions expected in 2023

The Timber Development UK (TDUK) annual market conference in central London was unequivocal in its message – falling demand and prices coupled with rising costs will cause increasingly difficult and uncertain market conditions going into 2023.  About 120 delegates attended the conference at 8 Northumberland Avenue, central London on November 2, with presentations from TDUK, sawmillers and the wood-based panels industry. This report focuses on the headline statistics and sawmiller presentations.  Nick Boulton, TDUK head of technical and trade, said overall UK solid wood and panel product import volumes were up 15% to 11.7 million ...

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