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March 20, 2022

How will the war in Ukraine affect timber prices in the UK?

How will the war in Ukraine affect timber prices in the UK?
The effect on prices from the invasion will likely heavily depend on which timber products you look to. As very little structural softwood comes from Russia to the UK, the invasion will not likely have a direct effect on the supply of these goods. However, some other timber groups, such as Russian Siberian Larch, or wood used in joinery such as birch plywood, or oak, will see supply directly affected. This is because Russia and Ukraine are key exporters of these goods - not always directly into the UK - but into the EU where they will be processed before onwards delivery ...

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