EU ready to reduce its dependence on Russia in its paper sector in 2023

russian_birch_ photo Seleks Club

Sanctions on the import of birch and other wood raw materials from Russia led to an increase in the price of paper in the majority of EU countries, however at present such negative effect is reducing to a minimum, according to recent statements, made by some leading EU analysts in the field of wood and timber.


In recent months, many of EU states have been able to find replacements and alternatives to Russian wood, which allowed to stop a further growth of prices and stabilize the market, primarily in the segment of toilet paper. According to most of analysts, the latter suffered most from sanctions and the recent energy crisis.


Analysts expect that the EU may completely solve the problem of its dependence on Russia’s raw material supplies in the field of wood and timber already in the first half of next year.