By 2020, there was already insufficient supply within the European timber market to meet the huge demand. The timber shortage and consequently rising timber prices have continued unabated. There is even talk of daily prices by professionals in the field.
If we follow the market reports, it is not only wood/pallets but also plastic/polymer packaging, paper/cardboard and steel that are skyrocketing in price. On the procurement side, “Secure of Supply” is priority number one right now. Responding well to market developments and working with reliable partners are key in 2021. There are clear causes for the price increases that are affecting and influencing the entire market.