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Finland - Wood Fuel - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Wood Fuel Market Overview 2021

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Wood Fuel Market Size in Finland

The Finnish wood fuel market contracted modestly to $X in 2020, approximately reflecting the previous year. Overall, consumption saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Wood fuel consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Wood Fuel Production in Finland

In value terms, wood fuel production dropped to $X in 2020 estimated in export prices. In general, production recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Wood fuel production peaked at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Wood Fuel Exports

Exports from Finland

In 2020, approx. X cubic meters of wood fuel were exported from Finland; waning by -X% compared with 2019 figures. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Exports peaked at X cubic meters in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, wood fuel exports skyrocketed to $X in 2020. In general, total exports indicated tangible growth from 2012 to 2020: its value decreased at an average annual rate of -X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X cubic meters) was the main destination for wood fuel exports from Finland, with a X% share of total exports. Moreover, wood fuel exports to Sweden exceeded the volume sent to the second major destination, Norway (X cubic meters), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume to Sweden amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Denmark (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for wood fuel exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and Norway (-X% per year).

Export Prices by Country

In 2020, the average wood fuel export price amounted to $X per cubic meter, jumping by X% against the previous year. Overall, the export price saw a strong increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Denmark ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Wood Fuel Imports

Imports into Finland

Wood fuel imports into Finland totaled X cubic meters in 2020, growing by X% on the previous year. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, wood fuel imports surged to $X in 2020. In general, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

Russia (X cubic meters), Sweden (X cubic meters) and Germany (X cubic meters) were the main suppliers of wood fuel imports to Finland, together comprising X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of wood fuel to Finland, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Russia (+X% per year).

Import Prices by Country

The average wood fuel import price stood at $X per cubic meter in 2020, with an increase of X% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per cubic meter), while the price for Russia ($X per cubic meter) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood fuel in the world?
+
The countries with the highest volumes of wood fuel consumption in 2020 were India (302M cubic meters), China (157M cubic meters) and Brazil (124M cubic meters), together comprising 30% of global consumption. Ethiopia, Democratic Republic of the Congo, the U.S., Nigeria, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan lagged somewhat behind, together accounting for a further 30%.
What are the largest producers of wood fuel in the world?
+
The countries with the highest volumes of wood fuel production in 2020 were India (302M cubic meters), China (157M cubic meters) and Brazil (124M cubic meters), together accounting for 30% of global production. These countries were followed by Ethiopia, Democratic Republic of the Congo, the U.S., Nigeria, Ghana, Uganda, Indonesia, Mexico, Myanmar and Pakistan, which together accounted for a further 30%.
What are the leading suppliers of wood fuel to Finland?
+
In value terms, Germany ($4.2M) constituted the largest supplier of wood fuel to Finland, comprising 49% of total imports. The second position in the ranking was occupied by Sweden ($2.1M), with a 25% share of total imports. It was followed by Russia, with a 20% share.
What are the leading importers of wood fuel from Finland?
+
In value terms, Sweden ($3M) remains the key foreign market for wood fuel exports from Finland, comprising 64% of total exports. The second position in the ranking was occupied by Denmark ($1.3M), with a 27% share of total exports.
What is the average export price for wood fuel in Finland?
+
The average wood fuel export price stood at $76 per cubic meter in 2020, growing by 42% against the previous year.
What is the average import price for wood fuel in Finland?
+
In 2020, the average wood fuel import price amounted to $152 per cubic meter, growing by 98% against the previous year.

Product coverage:
• FCL 1627 - Wood fuel, coniferous (production)
• FCL 1628 - Wood fuel, non-coniferous (production)

This report provides an in-depth analysis of the wood fuel market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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