Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Wood-based panels / Global / Russia
July 27, 2020

Forecast: Russian timber industry could contract by 30%

Forecast: Russian timber industry could contract by 30%
The Russian construction industry may contract by almost 50% in 2021 and its revival will take at least two years. Consequently, production in the Russian timber industry may drop by 30%.    This calculation was presented by Metafrax Group that owns Metadynea, a synthetic resins manufacturer, in its assessment of the negative scenario in case of slow suppression of the pandemic.    In the best-case scenario, the construction industry may shrink by 16% next year, while the timber industry will begin its gradual recovery.    According to company’s calculations ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

All this for only 248 EURO/year!

(approximately $ 272.51, Paypal exchange rate)

Register now:

Checkout Options
Yearly subscription - 248 EUR/year
password strength indicator
Additional Info

We Accept PayPal
Billing Address