February brings unexpected rise in German timber prices

Posted on February 14, 2025   |  

Timber prices increased in February, affecting both spruce and pine, while demand for construction timber remained weak.

Buyers paid an average of 105 to 115 euros per cubic metre for spruce sawlogs, with some offering extra for specific lengths.

Limited beetle damage reduced timber supply, pushing prices higher than in previous years.

Timber traders reported a surge in exports to the USA, driving up demand and prices.

The US imposed a 25% tariff on Canadian lumber, creating new opportunities for German timber exporters.

A possible trade conflict between Europe and the USA could threaten these export opportunities.

Germany's struggling construction sector has slowed any potential recovery in saw timber prices.

Timber producers are relying on growing export demand to compensate for weak domestic sales.