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Finland sees drop in timber & forest product trade in 1st eight months of 2023

Finland sees drop in timber & forest product trade in 1st eight months of 2023

Posted on December 11, 2023   |  

Finnish timber and forest product imports and exports saw a decrease in the first 8 months of 2023 compared to the same period in the previous year.

Between January and August 2023, the import volume of Finnish timber dropped by 2% to 3.422 million m³. 

In August alone, the import volume fell by 39% compared to the monthly average in 2022.

The imported timber included 47% pulpwood, 29% wood chips, 12% fuelwood, 10% wood processing residues, and 2% logs.

In August 2023, the export value of Finnish forest industry products was EUR 0.96 billion, marking an 18% decrease in real terms from the average monthly export value in 2022. 

The August imports comprised 47% pulpwood, 29% chips, 12% fuelwood, and 10% by-products wood, while logs comprised 2% of the total.

From January to August 2023, the total export value of Finnish forest products reached 8.11 billion euros, indicating a 13% decrease compared to last year. 

In August, the export price of sawn goods was EUR 208 per m³, 30% lower in real terms than the previous year's average.



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