On October 11 and 12, 2022, the 24th St. Petersburg International Forest Industry Forum was held.\u00a0At the event, several speakers described the current state of the Russian timber industry.<\/p>\n
The Russian timber industry is now in a difficult situation, but not critical.\u00a0Main problems: logistical difficulties in deliveries to Asian destinations by rail, a strong increase in the cost of logistics, the ruble exchange rate, lower prices in all world markets, the closure of European markets.<\/p>\n
The most difficult situation is now observed in logging, plywood and pellet production.\u00a0Sawn timber and pulp and paper industry feel relatively calm.<\/p>\n
The most difficult situation is expected in the fourth quarter of the\u00a0current year, after which the industry will undergo transformation and adaptation.\u00a0The margin of safety formed in 2021 allows timber industry enterprises to stay afloat for some time.<\/p>\n
Starting from the second quarter of\u00a02022, new sales markets, new logistics and transport routes are being developed.\u00a0At the end of 2022, a reduction of up to 20-35% is expected according to various indicators in the industry as a whole.<\/p>\n
The rate of timber harvesting in Russia will continue to decline by Q4\/2022 until an economically justified level of market prices is formed.\u00a0The reduction in procurement is most acutely reflected in the market of contracting services, subtenants, as well as SMEs that cease their economic activities.\u00a0Small-medium enterprises that continue to remain operational are increasingly beginning to \u201cgo into the shadows\u201d in order to reduce costs.<\/p>","protected":false},"excerpt":{"rendered":"
On October 11 and 12, 2022, the 24th St. Petersburg International Forest Industry Forum was held.\u00a0At the event, several speakers described the current state of the Russian timber industry. The Russian timber industry is now in a difficult situation, but … Continue reading