Finland: Market for Saw Logs And Veneer Logs (Coniferous) 2025

Market Size for Saw Logs And Veneer Logs (Coniferous) in Finland

In 2021, the Finnish market for saw logs and veneer logs (coniferous) increased by 3.7% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Saw Logs And Veneer Logs (Coniferous) in Finland

In value terms, production of saw logs and veneer logs (coniferous) amounted to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 37%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Coniferous)

Exports from Finland

In 2021, approx. X cubic meters of saw logs and veneer logs (coniferous) were exported from Finland; with a decrease of -11% against the year before. Over the period under review, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +32.2% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 49% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of saw logs and veneer logs (coniferous) expanded modestly to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 44%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (coniferous) from Finland, accounting for a 85% share of total exports. Moreover, exports of saw logs and veneer logs (coniferous) to Sweden exceeded the volume sent to the second major destination, Egypt (X cubic meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-1.9% per year) and the UK (+0.8% per year).

In value terms, Sweden ($X) remains the key foreign market for saw logs and veneer logs (coniferous) exports from Finland, comprising 56% of total exports. The second position in the ranking was held by Egypt ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-2.7% per year) and the UK (+2.2% per year).

Export Prices by Country

In 2021, the average export price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, rising by 16% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 52%. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Coniferous)

Imports into Finland

In 2021, imports of saw logs and veneer logs (coniferous) into Finland shrank slightly to X cubic meters, waning by -2.7% against 2020 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 86% against the previous year. As a result, imports reached the peak of X cubic meters. From 2019 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of saw logs and veneer logs (coniferous) declined slightly to $X in 2021. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of 122%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Estonia (X cubic meters), Russia (X cubic meters) and Latvia (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (coniferous) to Finland, together accounting for 88% of total imports. These countries were followed by Sweden and Lithuania, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in Lithuania (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (coniferous) suppliers to Finland were Estonia ($X), Russia ($X) and Latvia ($X), together accounting for 85% of total imports. Sweden and Lithuania lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Lithuania, with a CAGR of +8.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for saw logs and veneer logs (coniferous) amounted to $X per cubic meter, flattening at the previous year. Overall, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $X per cubic meter in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Sweden ($X per cubic meter) and Russia ($X per cubic meter), while the price for Estonia ($X per cubic meter) and Latvia ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (-2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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