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August 11, 2023

The German timber industry views the H2/2023 with skepticism

The mood in the German timber industry remained negative in July 2023. The reason for this was the sharp drop in satisfaction with current business. On the other hand, companies' expectations were slightly better than in the previous month.  The German timber industry views the second half of the year with skepticism in view of the slump in demand for construction, the deterioration in financing conditions and the decline in incoming orders. In view of the different impacts on the individual segments, the mood in the German timber industry remained mixed. The companies in the construction-related area ...

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