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December 13, 2023

Wood market forecast for Q1/2024

The worldwide economy is still navigating choppy waters, and there aren’t many positive signs on the horizon. High global interest rates continue to strain many industries around the globe. The construction industry is affected ahead of all others. As this industry is the primary consumer of lumber worldwide, this development has a global impact on the timber market. But other industries are suffering as well. Especially energy-intensive industries have moved some of their production abroad, which has had a negative effect on pallets and pallet collar consumption in the EU, particularly in Germany.    Consumers ...

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