ISC 2022: SHARP DOWNTURN AFTER EXCELLENT START OF THE YEAR
For the third year in a row, the softwood market had another volatile year, which can be divided quite neatly into two parts: demand was strong in the first part of the year, but since then the market has massively slowed down at the end of Q2 and demand is expected to be subdued at least in the short-to medium-term. After the record high increases of the past year, the development of softwood production and consumption suggests that in 2022 production will have declined by over 2% in Europe and consumption by around 5%.
Uncertainty is extremely high...Read the ISC 2022 press release to know more about the outcome of this unique conference and save the date for the next ISC that will take place in Vienna on October 11-12, 2023.
Last but not least, a big thanks to the colleagues of the Danish Timber Trade Federation and the European Timber Trade Federation for a great collaboration in organizing such a successful event!