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May 18, 2022

Timber prices in UK rise again in March after months of decrease

Material prices in the UK have shot up again after months of gradual decrease, following Russia’s invasion of Ukraine.  Timber was one of the hardest hit materials, seeing prices rise in March, according to statistics provided by the UK's Department for Business, Energy & Industrial Strategy (BEIS).  The price of imported sawn or planed timber going up by 2.5 percent, following five months of steady decline. It was also 11 percent more expensive than it was in March 2021.  Imported plywood also went up in price by 2.5 percent, and ...

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