Russian sawmills face log shortage as lumber production increases

Lesprom Network
April 3, 2024
Category: Finance & Economics
Region: International

In 2024, the Russian sawmill industry faces a raw material supply challenge, as lumber production increases despite a decline in timber harvesting. February’s data reveals a 5% increase in lumber output, contrasted with a 26% decrease in logging activities. This discrepancy has led to a more pronounced shortage of timber raw materials, impacting sawmill operations across the country. Meanwhile, in the first two months of the year, lumber prices began to increase in the main export markets, according to “Russian Lumber Industry Insights” monthly report. Additionally, Russian lumber exporters are at risk of losing the Japanese market, a significant buyer of Russian lumber. The European Organization for the Sawmill and Woodworking Industry has recommended that Japan stop importing Russian wood products, a move that could affect Russia’s lumber trade.

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