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December 28, 2023

Poland’s wood industry has problems; decrease in profitability

Poland's wood industry is currently facing a significant drop in profitability. In the third quarter of 2023, the sawmill industry recorded a negative net profit rate, and the profitability of producers of wood products, pulp and paper, and wood-based panels also decreased.

"The wood industry is currently facing the greatest drop in profitability - Q3 2023 brought a negative net profit rate in the sawmill industry, and the sales profitability of the group of wood products producers dropped to a level of 3% that has not been seen for a long time.

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