Expect Tighter Lumber Markets In Europe, China, & U.S.

Posted On
May 25, 2022
Author
DHA

In 2021, softwood lumber brought in nearly half of all revenue from exports for Belarus, Russia, and Ukraine. The disruption in trade and the resulting dramatic reduction in exports of forest products has significantly impacted global markets—as the three countries accounted for nearly 25% of the global lumber trade last year.

 

Resource:

The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe but also in China and the US- Wood Resources International LLC