Trade Resources Industry Views The Slackening off in Turnover Also Continued During November 2012

The Slackening off in Turnover Also Continued During November 2012

The slackening off in turnover during the course of the past year in businesses belonging to the German wood industry also continued during November 2012. Turnover declined by 1.5% to €1.365bn in this period. At -5.5% to €333.3m the export trade again suffered a more serious deficit than domestic turnover, which remained virtually unchanged at €1.032bn (-0.2%). Poor export business was reflected particularly strongly in the sawmill trade (-12.1%), where turnover in November dropped by 4.4%. Producers of wood-based panels also suffered an overall decline of 2.3%, ensuing principally from a reduction of 5.2% in export business. Construction-related sectors also suffered turnover declines (-2.4%), whereas improvements were recorded by packaging manufacturers (+0.6%), manufacturers of parquet panels (+2.6%) and producers of other timber goods such as pellets (+19.2%).

 

Source: http://www.euwid-wood-products.com/news/wood-based-panels/single/Artikel/wood-industry-suffers-decline-in-turnover-during-november.html
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Wood Industry Suffers Decline in Turnover During November
Topics: Construction