The production of sawnwood in Finland has demonstrated a fluctuating trend over the past decade, peaking in 2018 with a production volume of 11.85 million cubic meters. The actual production for 2023 stood at 11.235 million cubic meters, showing a slight decline of 0.34% from the previous year. Over the last two years, the industry experienced a negative growth trend, with a cumulative decline. Calculating the average annual variation (CAGR) over the last five years (2018-2023), the industry shrank by an average of 1.06% per year.
From 2024 onwards, forecasts indicate a continued decline in sawnwood production. By 2028, the volume is projected to decrease to around 11.034 million cubic meters, representing a forecasted average annual decline of 0.29% (CAGR). This points to a gradual yet consistent contraction in the industry.
Future trends to watch for include potential impacts of environmental regulations, shifts towards sustainable building materials, and technological advancements in sawmilling. Monitoring these trends will be crucial for anticipating changes in the sawnwood production landscape in Finland.
