Few in the forest supply chain will look back fondly on 2025. Across North America, Europe and Russia, the year unfolded as a prolonged stress test for the global timber industry, shaped by trade barriers, rising costs and policy uncertainty that left producers with little room to manoeuvre. What many operators described as a perfect storm was not driven by a single shock, but by the cumulative effect of tariffs, weakening demand and regulatory drift. Timber flows slowed, margins narrowed and investment decisions were pushed further into the future, as the sector struggled to find stable ground. Tariff ...
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