Rates of timber harvest decline relative to 2022 are decelerating

After 9 months of 2023, the difference was -6% (-5% for softwood and -7% for hardwood harvesting), but after 10 months of 2023, the Federal State Statistics Service (Rosstat) has recorded a difference of -4% (-4% for softwood and -6% for hardwood harvesting).

The timber harvest will have reduced in half of the Russian regions by the end of 2023.

Nevertheless, WhatWood supposes that the forecast of timber harvesting volumes can be moderately adjusted upwards based on the 2023 performance: from 181 million m³ to 186 million m³.