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Forest with mist at dusk.

Global Forest Products Market (2)

Felled lumber covered with a light dusting of snow behind a yet-to-be cut Russian forest.

1 min read

Russian Forest Exports Down Near 50% Since 2021

Russian forest product exports likely fall by 50% year-over-year in the second half of 2022. Russia's invasion of Ukraine has been costly to the...

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Table with data on Belarus, Russia, and Ukraine lumber trade values from 2021. Forest exports were $17 billion and comprised of 45% lumber.

2 min read

War in Russia Reduces Exports, Tightens Market

The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe but also in China and the US. One immediate impact of...

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