Daily News / Global Trends / Market Analysis / Lumber / Sawmilling / Europe / Global
June 22, 2016

Europe: Veneer mills affected by oak shortage supply

Europe: Veneer mills affected by oak shortage supply
2015 was another challenging year for the European veneer sector. Throughout 2015 and continuing into 2016, European veneer mills were suffering from shortages of veneer grade oak logs.    This was particularly the case for manufacturers of massproduced veneers for veneered panels and furniture.    Various factors contributed including intense competition in oak log procurement from barrel manufacturers and buyers in Asia and the relative weakness of the euro in 2015 which encouraged more focus on European oak, increasing the costs of imported logs while also making European oak more attractive to mills outside ...

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