Europe also has a shortage, as it turned out a lot of both timber and lumber came from Russia. This has pushed up demand for imports from North America, which I

Europe also has a shortage, as it turned out a lot of both timber and lumber came from Russia. This has pushed up demand for imports from North America, which I guess has a knock on effect to other regions. Prices in Europe still haven't dropped back to their original levels. In my country pellets for heating were €150 per ton in 2021, €600 per ton (and much worse quality) in 2022, and now are around €300 per ton.