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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Europe / Global
September 12, 2022

Estonia: Some sawmills face closure due to fall in demand and high energy prices

Estonia: Some sawmills face closure due to fall in demand and high energy prices
    Some Estonian sawmills may need to close by year end, at least temporarily, as a fall in demand has hit timber producers at a time of soaring energy prices. Sawmills are also facing competition from energy firms making the switch to burning wood and wood-derived products instead of natural gas, while even the hot summer has had its effect.          A fall in demand from the Estonian construction sector in particular has seen the market contract by around 50 percent since early on this year,, and ...

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