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October 11, 2022

Forecast: The use of wood in Finland will increase next year, log prices to fall

The demand for wood in Finland will increase next year and the wood trade in private forests will continue to be brisk, says the Finnish Pellervo Taloustutkimus PTT's forest industry forecast. A big question in the wood market is how to replace Russian wood. Primarily, a substitute can be found in Finland, and we will see an increase in felling volumes in 2023. The price of logs will decline, but the price of pulpwood will continue to rise.  "Replacing imported wood from Russia will not be a problem this year, because the use of wood in the ...

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