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November 10, 2022

The capacity utilization rate of Russian timber companies is less than 50%

The sharp drop in Russian timber product exports following the imposition of EU sanctions is not surprising to all parties in the market. But up to now, while Russian domestic timber companies are still unable to cope with new challenges, the domestic market situation is not optimistic either.  Looking at the volume of domestic railway traffic in Russia alone, between January and September 2022, railway container traffic increased by 0.5% year-on-year, with a total of 4.8 million TEUs transported in the first nine months. Meanwhile, shipments of wood and wood products fell 1.7 ...

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