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May 18, 2022

Sweden: The war in Ukraine is causing wood prices to skyrocket

More and more people are competing for the forest raw material. The ongoing war in Ukraine has sharply reduced Russia's export volumes to Europe. This creates a shortage of supply and leads to a strong price development that benefits Swedish forest owners. At the same time, the risk of shortage of wood raw material is growing. The Swedish forest industry is also facing challenges, such as biodiversity and increased regulation from the EU. This is stated in Handelsbanken's latest report on the Swedish forest sector.  ''We ask ourselves if the forest raw material is enough. There ...

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