Forecast: Sawmilling and Planing of Wood Production Value in Finland

From 2013 to 2023, the sawmilling and planing of wood production value in Finland demonstrated variable performance, with notable dips in 2017 and steadier growth starting from 2021. In 2023, the sector stood at 3.43 billion Euros. Year-on-year variation over the past two years shows a small increase of 1.96% in 2022 and 1.9% in 2023. Over the last five years, the compound annual growth rate (CAGR) stands at 3.18%, illustrating moderate recovery and growth.

Looking forward, forecasted data suggests a continuous increase in production value with a 7.07% growth expected by 2028, and a forecasted CAGR of 1.38%. Future trends to watch include technological advancements, changes in demand for sustainable wood products, and global economic influences on wood exports.

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