The wood and timber industry continues to face a dynamic market environment, shaped by fluctuating exports, policy adjustments, and technological innovations. Notably, Germany’s log exports to China saw a sharp decline of 50% in September, reflecting global economic challenges, while India’s lumber imports dropped by 34%, signaling a slowing demand in Asia. However, there are bright spots, such as Austria’s rise in sawlog prices due to increased sawmill activity and China’s log import market showing recovery, with A-grade log prices surpassing $120/m³ after months of stagnation.

On the regulatory front, the EU Council’s decision to delay the European Union Deforestation Regulation (EUDR) by one year offers businesses additional time to align with new due diligence requirements. This delay is expected to ease immediate pressures on the timber trade while giving the industry time to adapt to the new deforestation risk assessments.