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    Finland sees drop in timber & forest product trade in 1st eight months of 2023.

    BUSINESS & TRADE Wood
    Finnish timber and forest product imports and exports saw a decrease in the first 8 months of 2023 compared to the same period in the previous year.

    Between January and August 2023, the import volume of Finnish timber dropped by 2% to 3.422 million m³.

    In August alone, the import volume fell by 39% compared to the monthly average in 2022.

    The imported timber included 47% pulpwood, 29% wood chips, 12% fuelwood, 10% wood processing residues, and 2% logs.

    In August 2023, the export value of Finnish forest industry products was EUR 0.96 billion, marking an 18% decrease in real terms from the average monthly export value in 2022.

    The August imports comprised 47% pulpwood, 29% chips, 12% fuelwood, and 10% by-products wood, while logs comprised 2% of the total.

    From January to August 2023, the total export value of Finnish forest products reached 8.11 billion euros, indicating a 13% decrease compared to last year.

    In August, the export price of sawn goods was EUR 208 per m³, 30% lower in real terms than the previous year's average.
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