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August 13, 2024

European timber industry market outlook

As the current period of economic upheaval concludes, the future landscape of the timber trade remains uncertain, heavily influenced by EU policy decisions. Producers are hopeful that both the EU's internal market and the US market will absorb their products. However, challenges such as rising energy costs, high interest rates, declining exports, and disrupted supply chains continue to affect the industry, raising questions about how the timber trade will reorganize in the face of these ongoing economic difficulties.

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