Timber Review - Report 2024
Timber is a cornerstone of the European economy, providing essential materials for construction, furniture, and paper production, and serving as a pivotal component In the transition towards a bio-based economy. The timber industry supports rural employment, contributes significantly to the European Union’s (EU) gross domestic product (GDP), and plays a vital role in sustainable development goals.
This analysis aims to provide a comprehensive understanding of the timber life cycle within the EU, from local production and imports to regulatory frameworks aimed at mitigating environmental impacts. By exploring the economic benefits alongside environmental and social costs, we highlight the dual goals of leveraging timber for economic prosperity while implementing sustainable practices to preserve global forest health.
