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May 11, 2020

Austria: Enormous market and timber price pressure due to record amounts of damaged wood

Austria: Enormous market and timber price pressure due to record amounts of damaged wood
Long-lasting drought, extreme weather events, increasing social demands and difficult market conditions make it difficult for forestry companies in Austria to survive economically. Climate change brought new record amounts of damaged wood, increasing number of insect pests, forest fires and drought damage in 2019. The emerging coronavirus crisis will exacerbate these problems in 2020.    In 2019, the total Austrian timber harvest was 18.9 million solid meters, which is 1.5% less than in 2018. However, climate change is reflected in a record amount of damaged timber of 11.7 million cubic meters. This consists ...

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