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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global / Russia
March 10, 2022

Ukraine war: Shock in the wood product value chain to be expected, timber trade bodies say

Ukraine war: Shock in the wood product value chain to be expected, timber trade bodies say
The European timber industry is watching with great concern Russia’s invasion of Ukraine and the correlated economic and financial implications. European sanctions against trading with Russia and Belarus are expected to produce a shock in the wood product value chain. The war in Ukraine is already impacting transport and supply chains in several countries.    Following a meeting of the main trade bodies for the timber industry – CEI-Bois (the European Confederation of Woodworking Industries) and EOS (the European Organisation of the Sawmill Industry) – it was recognised that Russia’s invasion of Ukraine poses a real ...

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