Price for Wood; Posts and Beams in Finland - 2021

Contents:

1. Price for Wood; Posts and Beams in Finland (CIF) - 2022
2. Price for Wood; Posts and Beams in Finland (FOB) - 2022
3. Imports of Wood; Posts and Beams in Finland
4. Exports of Wood; Posts and Beams in Finland

Price for Wood; Posts and Beams in Finland (CIF) - 2022

The average wood; posts and beams import price stood at $908 per ton in 2022, waning by -6% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2019 an increase of 32%. Over the period under review, average import prices reached the maximum at $3,019 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,163 per ton), while the price for Sweden ($630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.1%), while the prices for the other major suppliers experienced a decline.

Price for Wood; Posts and Beams in Finland (FOB) - 2022

The average wood; posts and beams export price stood at $1,890 per ton in 2022, which is down by -29.6% against the previous year. In general, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. As a result, the export price attained the peak level of $5,512 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,907 per ton), while the average price for exports to Russia ($1,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Wood; Posts and Beams in Finland

In 2022, the amount of wood; posts and beamses imported into Finland rose rapidly to 2.1K tons, growing by 8.5% compared with the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wood; posts and beams imports rose modestly to $1.9M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 42%. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Wood; Posts and Beams to Finland in 2022:

1. Estonia (1727.5 tons)
2. Sweden (327.7 tons)
3. Russia (79.4 tons)

Exports of Wood; Posts and Beams in Finland

In 2022, overseas shipments of wood; posts and beamses increased by 218% to 305 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt setback.

In value terms, wood; posts and beams exports surged to $576K in 2022. Overall, exports, however, recorded a deep slump.

Top Export Markets for Wood; Posts and Beams from Finland in 2022:

1. Norway (281.6 tons)
2. Russia (11.6 tons)
3. Estonia (11.5 tons)

Source: IndexBox Market Intelligence Platform