German softwood lumber output down 2.0% in Q3 2016
Rough-sawn softwood lumber production in the German sawmilling industry in the third quarter of 2016 was 2.0% lower than in the same quarter of the year before at 4.534m m³. According to Destatis, the federal statistics office, 3.631m m³ was earmarked for sale to external buyers; this equates to a reduction of 1.8%. The revenues generated from sales also fell by 1.8% to €658.5m. The volumes produced in the first and second quarters were 0.8% and 4.3% higher respectively than in the reference quarters of the previous year.
German sawmills produced 13.435m m³ of softwood lumber in the first nine months, equating to an increase of 1% against the same period of the year before. The volume of sales of softwood lumber to external buyers was 0.7% higher than a year earlier at 10,792m m³; sales revenue was almost identical to the year before at €1.953bn. 2.643m m³ went to the internal value-adding operations, which equates to an increase of 2.4%.