Finland: Wood Residues Market 2022

Wood Residues Market Size in Finland

In 2020, after two years of growth, there was decline in the Finnish wood residues market, when its value decreased by -X% to $X. Over the period under review, consumption recorded a pronounced descent. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Wood Residues Production in Finland

In value terms, wood residues production expanded rapidly to $X in 2020 estimated in export prices. Over the period under review, production saw a perceptible decline. The pace of growth was the most pronounced in 2016 when the production volume increased by X% y-o-y. Wood residues production peaked at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Wood Residues Exports

Exports from Finland

In 2020, overseas shipments of wood residues decreased by -X% to X cubic meters, falling for the sixth consecutive year after two years of growth. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X cubic meters. from 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, wood residues exports reached $X in 2020. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Poland (X cubic meters) and Ukraine (X cubic meters) were the main destinations of wood residues exports from Finland, together comprising X% of total exports. These countries were followed by Austria, Belgium, France, Norway, Belarus, Spain, Croatia, Vietnam, the Czech Republic and Canada, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Ukraine ($X) appeared to be the largest markets for wood residues exported from Finland worldwide, with a combined X% share of total exports. These countries were followed by Canada, Austria, Vietnam, Spain, Poland, France, Norway, the Czech Republic, Croatia and Belarus, which together accounted for a further X terms of the main countries of destination, Belarus (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood residues export price stood at $X per cubic meter in 2020, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per cubic meter. from 2010 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Finland

Wood residues imports into Finland fell slightly to X cubic meters in 2020, declining by -X% on 2019. In general, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X cubic meters in 2009; however, from 2010 to 2020, imports remained at a lower figure.

In value terms, wood residues imports shrank to $X in 2020. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

France (X cubic meters), Austria (X cubic meters) and Belgium (X cubic meters) were the main suppliers of wood residues imports to Finland, with a combined X% share of total imports. Germany, Italy, Norway, Canada, Sweden, the Netherlands, Poland, the U.S., Slovakia and Lithuania lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Austria ($X) and Germany ($X) were the largest wood residues suppliers to Finland, together accounting for X% of total imports. Belgium, the U.S., Norway, Italy, the Netherlands, Lithuania, Canada, Poland, Sweden and Slovakia lagged somewhat behind, together comprising a further X terms of the main suppliers, Norway recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood residues import price stood at $X per cubic meter in 2020, reducing by -X% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per cubic meter in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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