The profit of the wood industry complex in the first half of 2026 decreased by 70 times in annual terms, RBC writes with reference to the Vologda Wood Industry Company. The industry's profitability is aiming for zero due to stagnation in the prices of wood and a sharp increase in costs: over five years the cost of round wood has increased by almost 1.6 times and the train rates by 1.9 times. By the end of the year, logging volumes in Russia are expected to decrease by 28% compared to 2021.

The profit of the wood industry complex in the first half of 2026 decreased by 70 times in annual terms, RBC writes with reference to the Vologda Wood Industry Company. The industry's profitability is aiming for zero due to stagnation in the prices of wood and a sharp increase in costs: over five years the cost of round wood has increased by almost 1.6 times and the train rates by 1.9 times. By the end of the year, logging volumes in Russia are expected to decrease by 28% compared to 2021.