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October 24, 2016

Forecast: Finland’s sawnwood exports to reach record levels on high spruce demand from China

Forecast: Finland’s sawnwood exports to reach record levels on high spruce demand from China

Sawnwood exports from Finland will increase significantly in 2016 compared to 2015 and will reach new record levels. The increase in demand is especially due to the positive trend in Chinese markets for spruce sawn softwood. The production of sawnwood will increase by 5 percent this year. Increasing construction activity will also raise demand for sawnwood in the domestic market. Downward trend in Finland’s average sawnwood export price, already two years ongoing, will reverse only in 2017. Growing demand for wood products in main export markets as well as domestic market will increase the production of sawn softwood next year by 3-4 percent.

Finnish forest industry’s structural change continues

According to a new research by the Finnish Pellervo Economic Research (PTT),

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