Overview of the Market for Saw Logs And Veneer Logs (Coniferous) in Finland
Market Overview
In 2019, after three years of growth, there was significant decline in the Finnish market for saw logs and veneer logs (coniferous), when its value decreased by -
% to $. In general, consumption showed a sharp descent. The growth pace was the most rapid in 2016 with an increase of % year-to-year. Consumption peaked at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.
% to $. In general, consumption showed a sharp descent. The growth pace was the most rapid in 2016 with an increase of % year-to-year. Consumption peaked at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.Consumption
In 2019, consumption of saw logs and veneer logs (coniferous) decreased by -% to cubic meters, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the consumption volume increased by % y-o-y. Over the period under review, consumption hit record highs at cubic meters in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
The revenue of the market for saw logs and veneer logs (coniferous) in Finland fell sharply to $ in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.
% to cubic meters, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the consumption volume increased by % y-o-y. Over the period under review, consumption hit record highs at cubic meters in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.The revenue of the market for saw logs and veneer logs (coniferous) in Finland fell sharply to $
in 2019, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.Market Forecast
Depressed by shrinking demand for saw logs and veneer logs (coniferous) in Finland, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to cubic meters by the end of .
% for the period from 2019 to , which is projected to depress the market volume to cubic meters by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in Finland increased significantly over the last twelve-year period (from % to %).
% to %).Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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