Timber Price Increases Set to Continue into 2021
The global construction sector saw a substantial increase in the price of raw materials in 2020, and in particular in the price of timber.
Timber frame manufacturers hit by 35% price hike for timber in 2020
The Irish Timber Frame Manufacturers’ Association (ITFMA) says that there has been an unprecedented and record increase in the price of timber in 2020, with this trend set to continue into 2021, adding substantially to the cost of house building in the year ahead.