Raw wood prices are a crucial indicator for related industries, such as forestry, furniture manufacturing, and construction. In 2024, the timber markets in Romania and the European Union experienced significant fluctuations influenced by economic, political, and environmental factors.

In Romania, the average price of raw wood increased by 15% in the first months of 2024 compared to the same period in 2023. This rise was driven by growing demand for construction materials and renewable energy sources. Inflation and transportation costs, coupled with stricter forestry regulations, have limited supply on the domestic market. Exports of raw wood volumes decreased by 10% due to policies prioritizing local processing.

Across the EU, wood prices rose by an average of 12%, according to Eurostat data. Germany and France saw sharper increases of 18% and 16%, respectively, for hardwood species. Global demand for certified wood products boosted European exports, increasing competition for resources. Meanwhile, EU sustainability policies reduced the available forest areas for logging, affecting overall supply.

In Romania, demand for firewood grew by 20%, driven by high natural gas prices. This demand reduced availability for other industries. According to the National Institute of Statistics (INS), the average price of roundwood reached 450 RON/mÂl in Q1 2024, compared to 390 RON/mÂl in the same period last year. The regions with the highest price increases were Transylvania and Bukovina, where export demand is strong.

Northern countries like Sweden and Finland reported moderate price increases of around 8%, attributed to reforestation policies. In contrast, Central European regions (Poland, Czech Republic) recorded price hikes exceeding 15%, driven by demand for construction timber.

Key Factors in 2024:
- Environmental regulations: The rising demand for FSC and PEFC certifications pushed companies to adopt costlier practices.
- Global demand: EU exports to Asia and the Middle East increased by 25%, putting upward pressure on prices.
- Climate conditions: Storms and droughts reduced harvest volumes in Southern Europe.

European trends indicate steady growth in the timber industry, focusing on sustainable products and ecological certifications. EU green policies may introduce subsidies for efficient resource management.

Statistical Highlights:
- Average increase in raw wood prices in the EU: 12%.
- Price growth in Romania: 15%.
- Certified FSC wood exports from the EU: +25%.
- Average roundwood price in Romania: 450 RON/mÂl (Q1 2024).

The evolution of raw wood prices in 2024 highlights challenges and opportunities for industry stakeholders. Both in Romania and across the European Union, sustainable strategies and the adoption of modern technologies are essential to meeting market demands and maintaining competitiveness in this dynamic sector.


Sources:

1. Eurostat

2. INS - National Institute of Statistics (Romania)

3. Forest Stewardship Council (FSC)

4. Ministry of Environment, Waters, and Forests (Romania)

5. European Timber Trade Federation (ETTF)

6. Global Trade Atlas