The Estonian timber industry is beginning 2025 with a cautious sense of optimism after several challenging years. Although volumes and turnover are showing signs of improvement, the sector still faces significant headwinds related to price pressures, weak purchasing power in key markets, and policy uncertainties. Speaking on an Estonian radio program,  Alvar Mällo, head of the timber sector at Swedbank, highlighted that many Estonian timber companies expect their turnover to grow this year. This growth, however, is tempered by persistently tight profit margins and ongoing cost pressures. “Companies that have invested in increasing operational efficiency are better positioned ...