Can Poland’s timber industry survive high costs, tariffs, and rising bankruptcies?

Poland’s timber and furniture sector, long considered a European stronghold, is facing one of its most difficult periods in recent history. In 2024, the value of production fell by 16% compared to 2022, reaching PLN 85 billion (€18 billion). Despite this decline, Poland remains the EU’s third-largest producer and accounts for roughly 10% of European timber exports, ranking second only to Germany in employment. Yet beneath these figures, the industry is showing signs of serious strain. The downturn began in 2022, following a record year in 2021. Rising timber and labor costs, combined with weak demand ...