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April 27, 2020

Estonian roundwood prices way lower compared to last year

  • In February 2020, roundwood prices in Estonia have dropped sharply as compared to a year ago, being negatively impacted by the mild winter that occurred in the country that reduced harvesting conditions.
  • Pine sawlog prices are lower by -15% yoy, while the decline in spruce prices was more pronounced. At EUR 58.96/m3, spruce sawlog price was around -24% lower in February 2020 as compared to a year ago.

The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and Eastern Europe. In particular, the spruce is under price pressure

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