Wood prices in Germany have risen significantly in recent months, as forest owners unanimously report. The price increase mainly affects common types of wood such as spruce saw logs, which are currently in high demand. The main reasons for the increase are strong exports and a new construction timber boom, which is driving up demand.
The export of timber has increased enormously in recent years. Countries such as China and the USA are major buyers of German timber, particularly spruce, which is driving up demand for this raw material. In addition, the construction industry is booming, further reducing the availability of construction timber. This dual demand from international exports and domestic construction projects means that supply in many regions is lagging behind demand.
Demand for spruce lumber is particularly strong. Since the supply of this type of wood is limited, bottlenecks are occurring that are driving prices even higher. After rising in February and March, prices for fixed-length spruce and B/C quality long logs in strength class 2b+ are currently between 103 and 115 euros per cubic meter.
In addition, the relatively low volume of beetle-infested timber in recent months has exacerbated the supply situation. Normally, beetle-infested timber eases the demand for fresh timber, as it is offered at lower prices. Where beetle-infested timber is available, price reductions of 15 to 20 euros are granted. For the lower-quality D-grade timber, the price reductions are 25 to 35 euros per cubic meter.
In order to further meet demand and regulate the supply of timber, some buyers have started offering premiums for certain spruce lengths. Such incentives help to make the market more flexible and ensure fair prices for forest farmers.
It is worth highlighting that the current prices have been extended until the end of April 2025, giving forest owners a degree of certainty when planning their sales. This long-term planning is an important step in ensuring stability for producers in the face of fluctuating market conditions.
In the first quarter of 2025, prices rose by 5 to 10 euros per solid cubic meter, which further underscores the positive trend. Even pine lumber has benefited from robust demand and is also seeing a price increase.
The outlook remains optimistic as no large quantities of storm-felled or beetle-infested timber are on the way that could depress prices. As a result, timber prices could remain at a high level as long as export demand and the construction boom continue.
