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

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

The Finnish market for saw logs and veneer logs (non-coniferous) reduced sharply to $X in 2022, which is down by -33.2% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of saw logs and veneer logs (non-coniferous) reduced rapidly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2019 with an increase of 230% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs (Non-Coniferous)

Exports from Finland

In 2022, shipments abroad of saw logs and veneer logs (non-coniferous) increased by 276% to X cubic meters, rising for the second consecutive year after two years of decline. Overall, exports recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 4,330%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of saw logs and veneer logs (non-coniferous) soared to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 1,274% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X cubic meters) was the main destination for exports of saw logs and veneer logs (non-coniferous) from Finland, accounting for a 92% share of total exports. Moreover, exports of saw logs and veneer logs (non-coniferous) to Sweden exceeded the volume sent to the second major destination, Poland (X cubic meters), more than tenfold. The third position in this ranking was taken by Estonia (X cubic meters), with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to +103.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-24.8% per year) and Estonia (+391.1% per year).

In value terms, Sweden ($X) remains the key foreign market for saw logs and veneer logs (non-coniferous) exports from Finland, comprising 85% of total exports. The second position in the ranking was held by Poland ($X), with a 6.4% share of total exports. It was followed by Estonia, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to +102.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-22.4% per year) and Estonia (+381.9% per year).

Export Prices by Country

In 2022, the average export price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, with a decrease of -4.1% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 11%. The export price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Saw Logs And Veneer Logs (Non-Coniferous)

Imports into Finland

After two years of growth, supplies from abroad of saw logs and veneer logs (non-coniferous) decreased by -49.8% to X cubic meters in 2022. Over the period under review, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 51%. As a result, imports reached the peak of X cubic meters. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of saw logs and veneer logs (non-coniferous) contracted rapidly to $X in 2022. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 77% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Latvia (X cubic meters), Estonia (X cubic meters) and Russia (X cubic meters) were the main suppliers of imports of saw logs and veneer logs (non-coniferous) to Finland, together accounting for 95% of total imports. Sweden lagged somewhat behind, accounting for a further 2.3%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +24.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest saw logs and veneer logs (non-coniferous) suppliers to Finland were Latvia ($X), Estonia ($X) and Russia ($X), together accounting for 83% of total imports. Sweden lagged somewhat behind, comprising a further 2.2%.

Sweden, with a CAGR of +19.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs (non-coniferous) amounted to $X per cubic meter, rising by 16% against the previous year. Overall, the import price, however, showed a pronounced slump. The growth pace was the most rapid in 2018 an increase of 17%. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($X per cubic meter) and Estonia ($X per cubic meter), while the price for Russia ($X per cubic meter) and Latvia ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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