|  

Increasing growth in timber industry’s sales from June

01.04.2021 − 

After the up and downward development from January to May triggered by the corona crisis, the German timber industry succeeded in raising its total sales revenue above the previous year’s figures in every month from June onwards. In doing so, the growth rates went from strength to strength; from November, growth was into double figures both at home and abroad. From February to July and then again in the months of November and December, domestic business performed better than exports, for higher growth rates were recorded in January and from August to October. According to the statistics compiled by the Main Association of the German Wood Industry (HDH) on the basis of figures from Destatis, the federal statistics office, total sales revenue generated by the timber trade subdivided into the sawmilling industry, wood-based panel industry, parquet, the building-related sector, wooden packaging, and other wood products rose by 5.9 % in the year as a whole to €18.023bn. Revenue generated from domestic sales rose by 7.0 % to €13.626bn as opposed to the growth of 2.4 % to €4.397bn achieved in exports.

Tags of this news:

previous − Fewer building approvals in December

Further growth achieved by Metsä Wood in Quarter 4  − next