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October 25, 2017

European softwood lumber production on the rise; prices down

European softwood lumber production on the rise; prices down
There was a steady increase (+2.9%) in Europe’s softwood lumber production last year, driven by growing consumption and stronger overseas demand. Output has expanded steadily since 2012, reaching 107.8 million m3 (45.7 billion bf net; ~73 billion bf nominal) in 2016, with nearly every major producing country showing growth.    Finland contributed the most to the increase in Europe’s production last year (+0.8 million m3), followed by Turkey (+0.7 million m3), Germany (+0.7 million m3) and Austria (+0.5 million m3). All of these countries enjoyed strong demand from ...

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