Estonian timber sector sees Q2 price adjustments, investments and mergers continue
The Estonian timber market experienced notable developments in the second quarter of 2025, with prices in private forests generally declining while certain assortments in state forests and in Finland increased, according to Heiki Hepner of OÜ Tark Mets for the Estonian Private Forestry Association. Softwood log prices in private forests fell significantly, especially for pine, which declined 7.1% quarter-on-quarter, while spruce prices dropped by 1.3%. Compared with the same period in 2024, both remain higher, with spruce up 15.1% and pine 12.2%. Hardwood logs experienced sharper declines; birch logs fell 21.1%, though ...
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