{"id":82979,"date":"2022-09-28T07:52:03","date_gmt":"2022-09-28T07:52:03","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/analysis-energy-crisis-europe-consequences-wood-industry\/"},"modified":"2025-09-19T08:58:18","modified_gmt":"2025-09-19T08:58:18","slug":"analysis-energy-crisis-europe-consequences-wood-industry","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/analysis-energy-crisis-europe-consequences-wood-industry\/","title":{"rendered":"Analysis: Energy crisis in Europe-consequences for the wood industry"},"content":{"rendered":"<p>As winter approaches, the energy crisis in Europe is putting increased pressure on the economy in general and on the wood industry in particular. Regarding the European timber industry there are two major problems to consider.<\/p>\n<p><strong>Higher energy prices, higher production costs<\/strong><\/p>\n<p><strong>1.<\/strong>\u00a0The high energy prices which will lead to higher production costs. Even though electricity prices have kept a skyrocketing trend last year, the high wood prices assured a good profitability for sawmills. However, now that prices have somewhat normalized, due to a slowdown in demand, there is a significant higher exposure to the rising energy prices for the years to come. Sawmills in Europe and the other segments of the wood industry, need now to adapt to higher energy prices. This could also mean that some sawmills may need to (temporarily or permanently) adjust production by the end of the year.<\/p>\n<p>As already announced, the Vida Group, 70% owned by the Canadian lumber giant Canfor, has adjusted production by 15%, invoking high electricity prices and a slowdown in demand.<\/p>\n<p>S\u00f6dra Wood has decided to reduce sawn timber production by approximately 100,000 m\u00b3 for the remainder of 2022, due to rising inflation and higher interest rates in Europe and the U.S.<\/p>\n<p>Mets\u00e4 Tissue has had to curtail its production both in its Zilina mill, Slovakia, and Kreuzau mill in Germany for several days because of the high energy price peaks. Mets\u00e4 says that with the high energy cost inflation, further production curtailments are likely and they may also impact the availability.<\/p>\n<p>In its latest financial report, the Austrian wood-based panel producer Egger said that the situation on the global raw materials markets is extremely challenging, with a huge increase in energy and transport costs. The increasing demand for wood is leading to an additional cost pressure which will dampen the Egger Group's earnings expectations for the coming financial year.<\/p>\n<p>All in all, there are also some positive signals. Higher costs for electricity are not only putting pressure on sawmills but also on manufacturers of other building products. The cost of producing steel and concrete is also increasing. This can mean a competitive advantage for sawn timber products and thus improved opportunities.<\/p>\n<p><strong>Skyrocketing firewood and pellet prices; shortages on the market<\/strong><\/p>\n<p><strong>2.<\/strong>\u00a0The second major consequence is that, as gas and electricity prices skyrocket, many households in Europe are turning to firewood and pellets as an alternative heating source for this winter. This has already led to shortages and a consequently doubling (or more) in both firewood and wood pellet prices in many European countries. From July 2022, the EU ban on the import of Russian wood pellets for energy production came into effect, with knock-on effects across the supply chain. And the outlook for the remaining months of the year is negative.<\/p>\n<p>High prices are seen across Europe but could hit central and eastern European harder, as many households in these countries rely on biomass for heating. Many governments are taking action to protect households, including export bans and allowing more trees to be cut.<\/p>\n<div class=\"article-content\">\n<p>The EU is effectively the only region in the world that does not have significant export restrictions on raw materials. But that could also change with lumber shortages. The Bulgarian Ministry of Agriculture issued an order on August 18 to ban the export of wood to non-EU countries until November 17 this year, in order to solve the shortage of wood for ordinary people and the wood processing industry. Bulgaria's timber demand has tripled due to high fuel prices.<\/p>\n<p>The Hungarian government has also begun restricting firewood exports. While not outright banned, it gives the government the power to control exports and potentially stop sales abroad altogether. In Slovakia, panic over supplies led to calls for a ban on exports, but the Agriculture Ministry ruled that out.<\/p>\n<p>Almost all hardwood species in Europe are now used as firewood such as oak, chestnut, birch etc. But these are still not enough and softwoods such as spruce are reportedly being used as firewood. This can lead to a raw material availability crisis for both the European hardwood and softwood industry.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>As winter approaches, the energy crisis in Europe is putting increased pressure on the economy in general and on the wood industry in particular. Regarding the European timber industry there are two major problems to consider. Higher energy prices, higher &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/analysis-energy-crisis-europe-consequences-wood-industry\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3391,3616,3348,3655],"class_list":["post-82979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-energy","tag-firewood","tag-sawmills","tag-wood-industry","topic-forestry","topic-sawmilling","topic-wood-energy","topic-wood-based-panels","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analysis: Energy crisis in Europe-consequences for the wood industry - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/analysis-energy-crisis-europe-consequences-wood-industry\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analysis: Energy crisis in Europe-consequences for the wood industry - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"As winter approaches, the energy crisis in Europe is putting increased pressure on the economy in general and on the wood industry in particular. Regarding the European timber industry there are two major problems to consider. 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