No recession in forestry as prices paid to growers double in 6 months

THERE is no recession in the country’s forestry sector as wood prices soar, the Irish Timber Growers Association has declared.

ITGA technical director Donal Whelan said forest owners in Ireland are achieving record prices for their wood and sawmills.

“Over the past six months, wood prices paid to timber growers have more than doubled and even at current price levels the industry cannot meet demand for its output.