Finnish timber trade picked up in the quarter last year

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FFIA/Fordaq
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Last year, the member companies of the Finnish Forest Industries Association (FFIA) bought a total of 36.8 million cubic meters of wood, which is 24 per cent more than in the previous year.

Finnish timber trade was at a record pace until the end of the summer, but leveled off towards the end of the year.

A total of 17.6 million cubic meters of logs were purchased, which was 39 percent more than in the previous year. The purchase volume of pulpwood was 17.7 million cubic meters, an increase of 13 percent.

“Annual purchase volumes vary by product market. The purchase volume in 2021 was seven percent higher than the five-year average purchase volume, ”says Karoliina Niemi , Forest Director at FFIA.

Throughout 2021, the average carrying price of softwood logs in Finland increased by 12–13 per cent from the previous year, and that of birch logs by 4 per cent. Pulpwood prices rose by 4–5 per cent.

In December, an average of EUR 61 per cubic meter was paid for pine aid, but the price varied between EUR 42 and EUR 65 by region and felling destination. The average price of a spruce log was 65 euros per cubic meter, and the price varied between 41 and 68 euros.

The average price of birch logs was 45 euros per cubic meter, and the price varied between 31 and 50 euros. The average carrying price of pulpwood was EUR 17–19 per cubic meter, and the price varied between EUR 10 and EUR 22.

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