In 2023, the actual sold production of wood chips or particles in Finland stood at 4.404 billion kilograms. The forecast for 2024 is 4.589 billion kilograms, marking a year-on-year increase of approximately 4.2%. The growth trend continues into 2025 with a forecast of 4.7857 billion kilograms, a further year-on-year increase of roughly 4.3%. For 2026, the forecast rises to 4.9805 billion kilograms, marking an increase of about 4.1% from the previous year. In 2027, the production is expected to reach 5.1733 billion kilograms, with a 3.9% increase. By 2028, the forecasted production level is 5.3641 billion kilograms, another 3.7% increment. The CAGR over the 5-year period from 2024 to 2028 averages approximately 3.24% per annum.
Future trends to watch for include the potential impact of innovations in sustainable forestry, increasing demand for renewable energy sources, and changes in global trade policies affecting wood chips and particles' export markets. Additionally, fluctuations in raw material availability and environmental regulations will be significant factors influencing production trends.
