Price for Wood; Shingles and Shakes in Finland - 2023

Contents:

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

Price for Wood; Shingles and Shakes in Finland (CIF) - 2022

The average wood; shingles and shakes import price stood at $4,382 per ton in 2022, waning by -7.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The import price peaked at $10,245 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,170 per ton), while the price for Ukraine totaled $3,866 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-10.4%).

Price for Wood; Shingles and Shakes in Finland (FOB) - 2022

In 2022, the average wood; shingles and shakes export price amounted to $317,103 per ton, approximately equating the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2019 to 2022, the rate of growth in terms of prices for Norway amounted to +32.4% per year.

Imports of Wood; Shingles and Shakes in Finland

In 2022, the amount of wood; shingles and shakeses imported into Finland amounted to 442 kg, surging by 14% compared with 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 99%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, wood; shingles and shakes imports expanded remarkably to $1.9K in 2022. The total import value increased at an average annual rate of +14.2% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Wood; Shingles and Shakes in Finland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
UkraineN/AN/A1.50%
SwedenN/AN/A0.40%
Netherlands1.5N/AN/A0%
CanadaN/A1.8N/A0%
OthersN/AN/AN/A0%
Total1.51.81.912.5%

Top Suppliers of Wood; Shingles and Shakes to Finland in 2022:

  1. Ukraine (389.0 kg)
  2. Sweden (53.0 kg)

Exports of Wood; Shingles and Shakes in Finland

After two years of decline, shipments abroad of wood; shingles and shakeses decreased by 0% to 156 kg in 2022. Over the period under review, exports faced a sharp decline. The smallest decline of 99.9% was in 2020.

In value terms, wood; shingles and shakes exports stood at $49K in 2022. Overall, exports showed a drastic downturn. The smallest decline of 99.9% was in 2020.

Export of Wood; Shingles and Shakes in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway92.7N/AN/A49.5-18.9%
OthersN/AN/AN/AN/A0%
Total92.7N/AN/A49.5-18.9%

Top Export Markets for Wood; Shingles and Shakes from Finland in 2022:

  1. Norway (155.0 kg)

Source: IndexBox Market Intelligence Platform

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