The import of sawnwood to Finland has shown diverse trends over the past decade. Between 2013 and 2023, there were notable fluctuations, with significant growth observed from 2018 onward. The import value stood at 3.1984 billion kilograms in 2023. Year-on-year, the import volume changed significantly, with the highest growths recorded in 2019 (26.07%) and a continuous but moderate increase from 2020 to 2023. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual growth of 8.36%.
Looking at the forecast from 2024 to 2028, there is an expected steady increase in import volumes, with a forecasted 5-year CAGR of 2.01%, resulting in a total growth rate of 10.49% by 2028.
Future trends to watch for include:
- Potential impacts of global supply chain disruptions.
- Policy changes related to the forestry and timber industry in Finland and the EU.
- Evolving demand dynamics in key sectors such as construction and manufacturing.
- Technological advancements in wood processing and sustainable practices.
