Supply and demand in action:
Christmas tree prices are set to rise in Germany, Britain and elsewhere because of a shortage of supply from main exporter Denmark, producers said on Wednesday.
Not to be picky, but is this really a shortage or just a decrease in supply? Maybe it's both if the "right" price hasn't been "found" yet.
The price for a 2-metre Nordmann Fir tree, one of the most popular breeds, will go up 10 to 20 percent compared to last year, said Kaj Ostergaard, head of the Danish Christmas Tree Growers Association.
...The seeds of the shortage were planted between 1998 and 2004, when tree prices collapsed due to oversupply and some Danish growers switched to other crops.
HT to Division of Labour