In a tense international context, the timber market is likely to struggle in 2023
After a year 2022 synonymous with prosperity, a year 2023 equivalent to a recession? The timber market benefited last year from a particularly favorable economic context, between rising demand and rising prices. But not sure that such a situation will happen again this year, warns the National Forestry Office (ONF). The still threatening international news and the economic activity which is likely to weaken could well create difficulties for the professionals of silviculture.
At the end of 2022, the lumber used for construction (sawnwood, framework, parquet, etc.) recorded an increase in the sale prices of hardwoods, “especially for oak at an all-time high, and beech”, indicates the public body in its latest economic report. Oak responds in particular to the demand for exterior and interior design, while having to deal with a constant decline in its resources for more than five years.
Conversely, the value of exports (mainly to Asia, the China being the world’s leading flooring company) of its 194 million logs soared by
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