In 2023, the total engineered wood imports to Finland stood at 133.77 thousand cubic meters. Reflecting back, the period from 2013 to 2023 has seen some fluctuations. The years 2016-2018 showed significant growth, with a notable high of 125.05 thousand cubic meters in 2018. The year 2022 witnessed an 11.6% year-on-year increase, peaking at 143.59 thousand cubic meters. However, there was a decline of 6.84% in 2023. Over the last five years, the CAGR stood at 1.36%. Forecasting ahead, the imports are expected to grow modestly, achieving a 2% CAGR, with a projected volume of 151.67 thousand cubic meters by 2028.
Future trends to watch for:
- Potential regulatory changes in Finland affecting imports.
- Global economic fluctuations impacting wood demand.
- Technological advancements in engineered wood production.
