In early 2020, due to oversupply, the declining prices made European lumber producers more globally competitive. In March this year, China imported more lumber from the Nordic countries than from Canada, the first time on record. It is reported that in 2019 and early 2020, timber prices fell across Europe, mainly because of huge volumes of damaged timber. Due to lower raw material costs, the prices of European wood producers have become more competitive globally, especially in Finland, Sweden and Germany. Among these three countries, Sweden and Finland ...
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