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May 9, 2024

Swedish sawmills face timber shortages, prompting Finnish competition

The Swedish forest industry has had exceptional times. Inflation and rising interest rates have hampered the country's economy, and construction has decreased dramatically. However, the weak krone has helped the country's export-oriented forest industry. It has kept demand and production volumes high, but due to the depressed prices of lumber, many sawmills have made a loss. In general, sawmills can lower the prices they pay for wood in a downturn, but still get enough raw material. This has not been the case now. The enthusiasm of forest owners to sell wood has dropped sharply since last ...

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