Outlook
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Germany: Wood price evolution for 2023 still uncertain
Due to the fact that more people are using firewood during the energy crisis, prices are also rising in Rhineland-Palatinate. The situation is different for sawn timber, which is less in demand in the construction industry due to a low level. "Due to Russia's invasion of Ukraine, market uncertainties arose, which also had an impact on the construction sector and thus ultimately on the purchase of logs," says Wolfgang Schuh, Managing Director of the Forest Owners Association Rhineland-Palatinate in Bad Kreuznach. Demand and prices rise According to the Forest Owners' Association, 2022 saw price increases between 50–100 percent for firewood – and that is only the price of forestry companies. As a result, prices for the end consumer are rising even more. "Rising energy prices are driving demand for alternative fuels including firewood," says Klaus Dunkel, Sales Manager of... Continue reading
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December 14, 2022
Germany: Wood price evolution for 2023 still uncertain
Due to the fact that more people are using firewood during the energy crisis, prices are also rising in Rhineland-Palatinate. The situation is different for sawn timber, which is less in demand in the construction industry due to a low level. "Due to Russia's invasion of Ukraine, market uncertainties arose, which also had an impact on the construction sector and thus ultimately on the purchase of logs," says Wolfgang Schuh, Managing Director of the Forest Owners Association Rhineland-Palatinate in Bad Kreuznach. Demand and prices rise According to the Forest Owners' Association, 2022 saw price increases between 50–100 percent for firewood – and that is only the price of forestry companies. As a result, prices for the end consumer are rising even more. "Rising energy prices are driving demand for alternative fuels including firewood," says Klaus Dunkel, Sales Manager of... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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May 4, 2022
Moody’s: Negative outlook for the forest products industry in the next 12 months
According to Moody’s, the paper and forest products industry’s EBITDA will decrease by 10-12% over the next 12 months, with significantly higher energy, transport, material, and labour costs counteracting most of the growth offered by high demand. Russia’s invasion of Ukraine is expected to exacerbate pressure on costs and demand, especially for energy. A decrease in earnings across regions Moody’s follows the EBITDA (earnings before interest, taxes, depreciation, and amortization) of 41 paper and forest product companies globally. Moody's predicts that these companies will experience a decrease of between 10 and 12% in EBITDA over the next 12 months, with companies in North America, Europe, and Latin America all likely to be affected. In North America, the region accounting for over half of the companies rated by Moody’s, will see a slightly higher decline that the... Continue reading
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December 14, 2022
Germany: Wood price evolution for 2023 still uncertain
Due to the fact that more people are using firewood during the energy crisis, prices are also rising in Rhineland-Palatinate. The situation is different for sawn timber, which is less in demand in the construction industry due to a low level. "Due to Russia's invasion of Ukraine, market uncertainties arose, which also had an impact on the construction sector and thus ultimately on the purchase of logs," says Wolfgang Schuh, Managing Director of the Forest Owners Association Rhineland-Palatinate in Bad Kreuznach. Demand and prices rise According to the Forest Owners' Association, 2022 saw price increases between 50–100 percent for firewood – and that is only the price of forestry companies. As a result, prices for the end consumer are rising even more. "Rising energy prices are driving demand for alternative fuels including firewood," says Klaus Dunkel, Sales Manager of... Continue reading