Finnish softwood sawn timber up 5.9% YoY in Jan - Sep period
Finnish Forest Industries,softwood sawn lumber
Finnish softwood sawn timber production from January-September increased by 5.9 per cent compared to the same period one year ago, totaling 8.9 million cubic metres. In the third quarter, softwood sawn timber production remained at the same level as in the corresponding period last year, that is, 2.6 million cubic metres.
Plywood production increased by 10.3 per cent in January-September to 0.9 million cubic metres. In July-September, plywood production totalled 0.3 million cubic metres, 16 per cent more YoY. Plywood is primarily used in construction, vehicle flooring, and LNG tankers. Growth in the European new construction and renovation markets had a positive impact on plywood production.
Forest industry products account for over a fifth of Finland’s merchandise exports. The main markets are mostly in Europe and Asia. China has become a significant export market especially for Finnish spruce sawn timber.
Timo Jaatinen, director general of the Finnish Forest Industries Federation, said, “Forest industry companies operating in Finland bring the country substantial economic well-being by paying taxes, offering employment, and by using domestic raw materials.
C“ompanies operating in Finland need symmetrical operating conditions compared to competing countries, so that Finland remains an attractive and competitive location for industrial production and investments."
Source: Finnish Forest Industries