Forecast: Sawmilling and Planing of Wood Turnover in Finland

The Sawmilling and Planing of Wood turnover in Finland experienced fluctuations over the past decade, starting at 4.01 billion Euros in 2013 and reaching 2.99 billion Euros in 2023. The period from 2013 to 2016 saw moderate growth, with a peak of 4.17 billion Euros in 2016. However, a significant decline occurred in 2017, bringing the value down to 2.92 billion Euros. Since 2018, the industry has shown a sluggish and slightly positive trend, stabilizing around 2.99 billion Euros in recent years. In 2023, the turnover was 2.99 billion Euros.

Year-on-year variations were as follows:

  • In 2022: 0.48%
  • In 2023: 0.47%

The average annual growth rate (CAGR) over the last 5 years was 0.36%.

Future forecasts predict gradual growth, reaching an estimated 3.05 billion Euros by 2028. Key trends to watch for include sustainability demands, technological advancements, and potential market expansion into green construction materials.

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