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Prices for spruce sawn timber have risen 2025 again a little.
Overall, the market situation remains very tense.
However, sawn timber remains a slow seller. There are problems
with industrial wood and energy wood. The wood export to the USA
is going very well. The short-term outlook for the construction
industry and thus for the demand for construction timber remains
weak. A noticeable increase in lumber prices is therefore not
expected for the time being.
Roundwood prices are rising - market situation remains tense
On the other hand, the prices for round timber had already risen
significantly in October/November. At the beginning of 2025, the
prices for spruce sawlogs were regionally increased slightly
compared to the fourth quarter of 2024. The demand for pine
sawlogs is also apparently significantly better than in previous
years, and buyers are increasingly purchasing pine logs.
Nevertheless, the market situation remains tense.
The sawmill industry continues to have problems selling sawn
timber in large quantities on the domestic market. Since the
outlook for the construction economy in Germany is not improving
and the economic outlook for 2025 is overall very weak, a
significant revival in the demand for construction timber is
also not to be expected.
On the other hand, exports, especially to the USA as the main
buyer of sawn timber, are apparently going quite well, report
timber owner associations. Suppliers are currently achieving
very good prices in the US market. Additionally: The USA has
imposed a 25 percent tariff on Canadian softwood lumber, which
will come into effect on February 1.
Some analysts believe that Trump's decrees to stimulate US
housing construction, including efforts to reduce construction
costs, could dampen the demand for imported lumber by promoting
domestic sourcing.
Since Canada is the largest supplier of lumber to the U.S., the
tariffs are expected to have significant impacts on the supply
and demand dynamics, leading builders to likely seek
alternatives as lumber prices rise. Possibly from Europe.
Industrial and energy wood rather weak
Despite the weak economic outlook and sluggish sawn timber
sales, most forest owner associations believe that the strong
demand for softwood sawlogs will continue into the first quarter
of 2025. Prices have even been able to increase slightly
regionally once again.
* For spruce, fixed-length prices for quality B/C in strength
class 2b+ are mentioned between 95 and 110 euros per cubic meter
plus VAT.
* Beetle wood is 20 euros cheaper.
* Following the trend of spruce, prices for pine have also risen
regionally.
In the broadleaf sawlog market, oak and ash are the most in
demand. The industrial roundwood market is predominantly
balanced. The locations of the paper, pulp, and board industries
are receptive. The prices are mostly still stable, but they are
coming under pressure regionally, report forest owners.
Energy wood is sometimes relatively difficult to market. The
large supply of industrial wood has led to a shift to the energy
sector, where prices are coming under pressure. In the energy
wood market, however, the buyers are usually very well stocked.
The fact that there hasn't been a very cold winter so far also
dampens demand. Accordingly, the sale of additional quantities
is correspondingly difficult. The demand for high-quality
firewood is declining, and the supply often exceeds the demand.
Source: landundforst.de