Based on the forecasted data, the total sawnwood production in Finland is expected to steadily increase from 2024 to 2028. The production values are projected as follows: 11.36 million cubic meters in 2024, 11.4 million cubic meters in 2025, 11.44 million cubic meters in 2026, 11.48 million cubic meters in 2027, and 11.52 million cubic meters in 2028.
Key Trends:
- Year-on-year variations showcase a consistent growth pattern of approximately 0.35% from 2024 to 2028.
- In 2023, the actual sawnwood production stood at 11.32 million cubic meters, indicating a moderate growth trajectory entering into the forecast period.
- Over the last two years (2023–2024), the production saw a slight increase of about 0.35%, reflecting a stable growth trend.
- The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be around 0.35%, highlighting a gradual but steady increase in production.
Future trends to watch for include potential impacts of environmental policies, technological advancements in wood processing, and fluctuations in global demand. Monitoring these factors will be crucial for anticipating any significant deviations from the current growth trajectory.