German wood price index for wooden packaging in July 2022 falling more sharply

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The monthly price index for sawn timber and wood-based materials for wooden packaging and pallets recorded a decrease in all product ranges in July 2022 compared to the previous month. The index of solid wood for wooden pallets decreased by 8.5% compared to June 2022, when it decreased by 4.4%. With a status of 455.2 points, the characteristic value determined by the Federal Association of Wooden Packaging - Pallets - Export Packaging (HPE) in cooperation with the Rheinische Friedrich-Wilhelms-Universität Bonn was 13.4% above the previous year's value.

The index for solid wood for wooden packaging decreased by 6.5% to a level of 292.3 points - after a minus of 4.3% in June. Compared to July 2021, this resulted in a decrease of 3.4%.

Plywood for packaging also recorded a declining index in July 2022 - by 2.5% to stand at 273.3 points. The index was thus 4.7% below the previous year's value.

OSB for packaging also fell, down 11.5% compared to June to 161.5 points. Compared to the index level in July 2021, there is a minus of 36.6%.

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