Timber prices in Norway are turning downwards as forest owners log record volumes

Norwegian timber prices, which have remained high for several years, are now showing signs of decline. New data from the Norwegian Directorate of Agriculture indicate that the long-lasting upward trend has reached its peak, even as forest owners continue to harvest record volumes. In the first nine months of 2025, timber harvesting in Norway increased to 10.3 million m³, nearly 0.9 million m³ more than during the same period in 2024. “As expected, prices are going down a bit. They had to turn, since sawmills have been operating on the edge of profitability — some even ...