{"id":80780,"date":"2021-05-27T09:52:34","date_gmt":"2021-05-27T09:52:34","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eos-reports-shortage-sawnwood-market\/"},"modified":"2025-09-19T08:55:33","modified_gmt":"2025-09-19T08:55:33","slug":"eos-reports-shortage-sawnwood-market","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eos-reports-shortage-sawnwood-market\/","title":{"rendered":"EOS reports shortage of sawnwood on the market"},"content":{"rendered":"<p><em>When the pandemic first emerged in China in January 2020 and then broke out in Europe and the US a few weeks later, nobody could have predicted the extraordinary developments of the global economy.\u00a0The digitalization of the modern economy has been markedly accelerated as many workers had to work from home.<\/em><\/p>\n<p>On the demand side, consumers had to bring to a halt spending for leisure activities.\u00a0People who were not working for businesses directly impacted by the pandemic have seen their savings soar as overall households saving rates exploded across the world as a percentage of income.\u00a0On both sides of the Atlantic, the monetary stimulus was unprecedented.<\/p>\n<p>On the supply side, there were many bottlenecks.\u00a0Supply chain shortages due to temporary closures of production sites, lack of available workers in times of lockdowns, as well as poor availability of containers were all factors which had a negative impact on goods circulation.<\/p>\n<p>Both demand and supply dynamics thus played a role in the remarkable rally of raw material prices over the last few months.\u00a0The price of many commodities, including, but not limited to, polymers\u00a0, corn, soybeans, cotton, industrial metals\u00a0have all sharply increased, reaching in some cases record levels.\u00a0The rally of sawnwood prices must be analyzed against this background.<\/p>\n<p><strong>The European sawnwood sector<\/strong><\/p>\n<p>With people forced to spend more time at home, there was a surge in renovation and home improvements which pushed up demand in the DIY sector, both in North America and Europe.\u00a0The packaging sector also experienced a boom.\u00a0The European sawmill industry was challenged to increase production to meet very strong demand.\u00a0Despite an increase in production in 2020 and like in many other industrial sectors, strong demand has pushed up sawnwood prices, particularly in North America.\u00a0However, in a longer-term perspective, the price of sawnwood has increased less than the price of other building materials.\u00a0Moreover, logistics seems to be the greater issue to balance offer and demand.<\/p>\n<p>In this context, unprecedented bark-beetle outbreaks in the last three summers across Central Europe have caused an abundance of logs across Europe.\u00a0Thanks to the efforts and the readiness of the European sawmill industry to process the over-abundant supply of raw materials, damaged logs did not sit too long in the forest but were mostly swiftly processed in the mills.<\/p>\n<p>In spite of these efforts, the European Organization of the Sawmill Industry (EOS) says that it is aware that some customers have a shortage of sawnwood in the last few weeks. EOS says it is taking very seriously the demands of the European home markets and it is working on solutions. At the same time EOS, intends to collaborate in an open spirit with organizations representing other interests.<\/p>\n<p>Finally, EOS says it invites all stakeholders and policymakers to reflect on the importance of a stable and sustainable provision of sawn timber for the entire wood industry value chain, in addition to measures to contain pest outbreaks in forests.<\/p>","protected":false},"excerpt":{"rendered":"<p>When the pandemic first emerged in China in January 2020 and then broke out in Europe and the US a few weeks later, nobody could have predicted the extraordinary developments of the global economy.\u00a0The digitalization of the modern economy has &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/eos-reports-shortage-sawnwood-market\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716,4715],"tags":[3715,3299,3462,4501],"class_list":["post-80780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","category-market-analysis","tag-eos","tag-europe","tag-sawnwood","tag-shortage","topic-forestry","topic-industry-prices","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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