European sawlog prices down 9% since 2014

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European sawlog prices down 9% since 2014

As reported by Wood Resources International, European sawlog prices have fallen over 9% in two years.

The biggest price declines since 2014, in Euro terms, have occurred in Austria, Germany and the Czech Republic.

Softwood sawlog prices in both Austria and Germany have been falling since early 2014, but in the 1Q/16 they reached their lowest level since the 2Q/10 (in Euro terms). In US dollar terms, the price decline has been more dramatic with current prices in the two countries being almost 30% below the average prices in the 1Q/14. Despite the substantial price reductions as of late, sawmills in Austria and Germany still have higher wood costs than lumber producers in the Nordic countries and in Eastern Europe.

The major European log supplying countries in 2015 and early 2016 have been the Czech Republic, Poland, Norway and Estonia. The average import price for spruce sawlogs has declined the past year and was about 10% lower in the 1Q/16 than in the same quarter last year.

 

[News URL: http://www.cti-timber.org/content/european-sawlog-prices-down-9-2014]