The European hardwood market is currently experiencing a downturn, marked by decreased consumption and production due to economic and geopolitical factors. The market is being impacted by high raw material costs, increased energy prices, and the lingering effects of the war in Ukraine, which have reduced consumer sentiment and increased borrowing costs. Despite challenges, the sawn timber segment remains a significant part of the broader wood and timber market. Lately operators have delayed decisions due to the EUDR uncertainty. Any importer and sawmill started late to fill the warehouses but the foresters did not follow this demand, asking ...
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