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May 5, 2022
German timber industry expects tough times due to rising material prices and supply chain problems
The mood in the German timber industry has stabilized at a low level after the crash in the previous month. After the initial shock of the Russian attack on Ukraine, the industry is showing resilience. While the current order situation is still perceived as good by companies, they anticipate tough times ahead given rising material prices and ongoing supply chain problems. The companies' assessment of the current situation improved slightly in April 2022 to +45.5 points (previous month: +44.7 points). The outlook for the next 6 months, on the other hand, brightened slightly, the ...
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