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germany

Sawmill industry: Sales decreased by over €500 million compared to Q1 2022

Article by Philipp Matzku (translated by Eva Guzely) | 19.05.2023 - 09:12

In the first three months, the German sawmill industry generated sales worth €1.81 billion. This corresponds to a year-on-year decrease of around 25%. Compared to the first quarter of 2021, however, sales grew by 19%.

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From January to March 2022, German sawmills generated record sales of €2.33 billion, that is €522 million more than in the first quarter of 2023. In the first three months of 2021, sales had totaled €1.52 billion, which corresponds to a 19% decrease compared to the same period of this year, when €1.81 billion were generated.

In March, the German sawmill industry recorded sales of €659.18 million and thus a year-on-year decrease of 28% or €262,000 (March 2022: €921.24 million). Compared to March 2021 (€627.92 million), on the other hand, sales were up by 5% or €31,260.

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