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September 8, 2022

German timber trade suffers from high energy costs

In August, the German Timber Trade Association (GD Holz) carried out a survey on the increased energy costs in the timber trade.  Of the 33 companies surveyed, the majority (45%) mainly uses wood to generate heat. Followed by gas at 38% and oil at 10%. 55% of the survey participants state that they produce their own electricity. On average, these companies cover 50% of their electricity needs from their own generation.  For 2023, the timber trade expects significant cost increases in the energy sector; according to the companies, the costs have already risen significantly in 2022 ...

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