The non-coniferous sawnwood production in Finland has seen significant fluctuations over the past decade. From a stable production of 40 thousand cubic meters between 2013 and 2015, production spiked to 50 thousand cubic meters in 2016, dipped to 30 thousand cubic meters in 2019, and subsequently rose sharply to 73.01 thousand cubic meters by 2023. The recent growth trend, especially with the notable 83.33% year-on-year increase in 2021, highlights a revitalized industry.
In 2023, the production stood at 73.01 thousand cubic meters. Notably, the CAGR over the last five years has been 12.79%, revealing a period of robust growth. However, the forecasted data suggests a stabilization trend with minimal growth, projecting a 0.01% CAGR for the next five years to reach 73.04 thousand cubic meters by 2028.
Future trends to watch for:
- Monitoring sustainability measures, which might impact production processes and overall output.
- Analyzing global demand and export markets, especially in the context of economic fluctuations and trade policies.
- Technological advancements in production efficiency and possible shifts towards alternative materials.
