From 2013 to 2023, Finland's plywood, veneered panels, and similar laminated wood imports revealed significant fluctuations. Between 2013 and 2015, there was a notable decline, reaching its lowest value in 2015, followed by a slight recovery in 2016. The period from 2017 to 2019 exhibited an overall upward trend despite minor setbacks such as in 2019. This was trailed by another drop in 2020, likely due to global disruptions but rebounded steadily from 2021 onwards, culminating in a modest increase by 2023.
Year-on-Year Variations:
- 2022 to 2023: A 1.5% increase, suggesting stability in recent years.
- 2021 to 2022: A 6.9% rise, continuing a steady growth trend.
Compound Annual Growth Rate (CAGR): The 5-year CAGR from 2018 to 2023 stands at 0.22%, indicating minimal but positive growth.
Looking forward, the forecast from 2024 to 2028 suggests a 1.19% CAGR with a total expected growth rate of 6.1% over these five years. Future trends to watch include potential impacts of supply chain disruptions, economic policy changes in Finland, and sustainability initiatives driving demand for imported wood products. Monitoring these factors will be essential for anticipating further market dynamics.
