The latest Global Wood Trends report – Softwood Lumber – Tariffs, Turbulence and New Trade Flows to 2030 – says from 2000 to 2024, European lumber output grew slowly at 0.4% per year but still outpaced domestic demand growth. This allowed Europe to expand exports overseas, a trend likely to continue as Russian and Canadian shipments remain constrained. …Production has expanded faster than demand, with exports rising from 10% of output in 2009 to 19% in 2024. Growth has been concentrated in Northern and Central Europe — led by Sweden, Finland, Germany, and Austria — where harvest levels are now close to structural limits. …Global Wood Trends concluded that Europe’s lumber market is entering a period of tightening supply and gradually recovering demand. While production growth is expected to shift toward Northern and Eastern Europe, overall expansion will be limited by structural harvest constraints in Central Europe. Stronger domestic consumption, combined with potentially higher US demand will likely support higher prices for logs and lumber.