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Estonia: Softwood lumber market prices down by 20%
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Estonia: Softwood lumber market prices down by 20%

The market price of softwood lumber in Estonia has fallen by up to 20 percent, with companies’ considerable stock and falling demand considered the main reason. Timber sellers have been buying material based on the last few years’ demand in recent months. However, high construction prices have seen several public and private sector projects postponed,...

Estonian wood industry hit hard by falling prices and lower demand
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Estonian wood industry hit hard by falling prices and lower demand

Estonian lumber producers are facing a harsh reality, where the price of wood is falling and orders are disappearing: customers have warehouses full of cheap Russian wood before the sanctions came into effect, and the wave of repair and construction that caught people during the corona pandemic is subsiding. In the last days before the...