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September 20, 2022

Poland’s wood industry expected to face market slowdown in the coming quarters

Poland’s wood industry expected to face market slowdown in the coming quarters
Poland's wood industry is one of those branches of domestic processing in which Polish producers have had tangible competitive advantages so far, evidently turning them into a business success. Over the past decade, Poland has clearly increased its share both in EU production (from 5.8% to 7.4%) and exports (from 7.1% to 9.3%). The dynamic development of the industry is also well reflected by the data on the increase in the number of entities operating in it. Analysts at Bank Pekao SA write about the successes, key challenges and prospects of the Polish wood industry ...

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