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Daily News / Market Analysis / Wood Industry Prices
November 17, 2020

Austria: Historical low wood prices due to bark beetle and corona crisis

Austria: Historical low wood prices due to bark beetle and corona crisis
  • Climate change, the corona crisis and difficult market conditions have put Austria's forest industry in a difficult situation and are making increasingly hard for forest owners to work without losses. A very dry spring was followed by the urgently needed rainfall in summer and autumn, but it has only helped with a somewhat more relaxed bark beetle spread. In addition, the Austrian sawmills cut production in the spring due to the corona crisis. Demand fell accordingly and the more difficult processing conditions and labor shortages caused by the lockdown did the rest.

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