Abstract
  The paper deals with the analysis of price changes of roundwood (spruce, fir and beech sawlog, fuelwood) and energy wood in Slovakia, Czech Republic and Austria during the period of 2008–+September 2011. At the beginning of the article, the authors identify the major factors influencing timber price trends such as legislation regarding technical standards for the quality grading of round wood, global economic recession, incidental felling and political influence. Consequently, detailed analysis of timber price changes in selected European counties is provided by means of line graphs. The results of the analysis revealed that demand for wood and wood products began to decrease in mid-2008. The most critical situation was in 2009, primarily in the softwood market, when prices bottomed out. However, recent trends indicate a gradual rise in timber prices. In the future, a slight increase of timber prices is expected, however other factors (such as economic development, lobbyist pressure, incidental felling and many others) may influence prices, which makes it difficult to predict their trend.  
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