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July 13, 2022
European timber trade industry expects a significant slowdown in business momentum in H2/2022
At the General Assembly of the European Timber Trade Federation (ETTF) in Amsterdam, the current market situation and prospects for the remainder of the year were discussed. Business in the member countries went very well in the first quarter and, to some extent, also in the second quarter. This applies in particular to the construction industry as a customer, structural timber, solid timber and planed goods. The DIY market, on the other hand, was described as declining. This was particularly reported by the members from Spain and France. The ETTF reports that this also applies to all other changes. Overall ...
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