Germany: Prices for wood packaging continue to rise

The prices for solid wood and wood-based materials for pallets and wood packaging in Germany continued to rise in the third quarter of 2018. 

Solid wood for pallets

Following a rapid increase in prices in the second half of 2017 and the beginning of 2018, prices for solid wood for pallets are currently stabilizing. From the second to the third quarter, the index rose by 0.7%, compared to the third quarter of 2017 by 11.1%. With 178.5 points he has reached a new all-time high.

Solid wood for wooden packaging

With 155.8 points, the index for solid wood for wooden packaging has reached a new all-time high. It increased by 1.8% compared to the second quarter and by 7.4% year-on-year.

Plywood for packaging

After years of relative stability and a small price dampener in 2016, the index for plywood for packaging has been rising steadily since the beginning of 2017. Compared to the second quarter of 2018, it increased by 4.2%, compared to the third quarter of 2017 by 19.1%. Since the beginning of the price increase in the first quarter of 2017, this figure is 26.8%.

OSB for packaging

As in the past quarter, OSB is showing the most momentum and is in the process of rolling up the field from the back. Compared to the second quarter, the OSB index has risen by 6.5%. This is 23.5% compared to the same quarter of the previous year. The price rally started in the first quarter of 2017, when the OSB index had reached an all-time low of 73.2 points. Since then it has risen by 34.6%.

HPE Index 3. Quartal 2018

100 = Qu.1/2005Index value Q3 2018Difference Q2 2018Difference Q3 2017
Solid wood for pallets178,50,70%11,10%
Solid wood for wooden packaging155,81,80%7,40%
Plywood for packaging140,64,20%19,10%
OSB for packaging98,56,50%23,50%

Comments are closed.