Germany: Prices for wood packaging declined in Q2

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The price index for sawn timber and wood-based materials for wooden packaging and pallets in Germany declined in the second quarter. 

The surveyed members of the Federal Association of Wood Packaging Materials - Pallets - Export Packaging (HPE) reported a decrease of 0.4% for solid wood for use in pallet production compared to the 1st quarter to a level of 155.9%. The decrease was 4.3% year-on-year. 

The price decrease for solid wood intended for wooden packaging materials was stronger. The index fell 1.9% to 132.3% (-9.6% y / y). 

For plywood for packaging, HPE members saw a price decrease of 0.9% to 144.4% compared to the first quarter. 

Compared to the second quarter of 2019, the decrease was 8.4%. OSB for packaging recorded the sharpest fall with an annual price decline of 17.5% to 71.6%.

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