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November 10, 2023

German timber market in severe crisis: timber prices are collapsing drastically

The slump in sales of almost all wood products has been overwhelming the entire German timber industry for several months. Sawmills continue to have massive difficulties selling lumber. As a consequence, the production volume in the sawmills had to be significantly reduced. And due to the difficult timber market situation, there is hardly any normal use anymore, report forest owners. In addition, wood prices have fallen sharply. The outlook for the near future is not much better.    There are many reasons for the crisis on the timber market    German forest owners and ...

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