Finland: Market for Wood Chips And Particles 2022

Market Size for Wood Chips And Particles in Finland

The Finnish wood chips and particles market totaled $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wood chips and particles consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Wood Chips And Particles in Finland

In value terms, wood chips and particles production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Wood Chips And Particles

Exports from Finland

In 2021, after two years of growth, there was significant decline in shipments abroad of wood chips and particles, when their volume decreased by -X% to X cubic meters. Over the period under review, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood chips and particles exports dropped dramatically to $X in 2021. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X cubic meters) was the main destination for wood chips and particles exports from Finland, with a X% share of total exports. It was followed by Norway (X cubic meters), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -X%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled -X%.

Export Prices by Country

The average wood chips and particles export price stood at $X per cubic meter in 2021, declining by -X% against the previous year. Over the period under review, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($X per cubic meter), while the average price for exports to Sweden totaled $X per cubic meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-X%).

Imports of Wood Chips And Particles

Imports into Finland

In 2021, overseas purchases of wood chips and particles increased by X% to X cubic meters, rising for the sixth year in a row after two years of decline. Overall, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, wood chips and particles imports expanded modestly to $X in 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Russia (X cubic meters) constituted the largest wood chips and particles supplier to Finland, accounting for a X% share of total imports. Moreover, wood chips and particles imports from Russia exceeded the figures recorded by the second-largest supplier, Estonia (X cubic meters), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+X% per year) and Latvia (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of wood chips and particles to Finland, comprising X% of total imports. The second position in the ranking was taken by Estonia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+X% per year) and Latvia (-X% per year).

Import Prices by Country

The average wood chips and particles import price stood at $X per cubic meter in 2021, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Estonia ($X per cubic meter), while the price for Russia ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (-X%), while the prices for the other major suppliers experienced a decline.

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