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August 6, 2024

Finland: Output of sawmills drops in H1/2024

It is estimated that the output of Finnish softwood sawmills has declined by 6% during the first half of 2024 to 5.5 million m³ compared to the same period in 2023. Output of pine declined by 5% and spruce by 7%. However, at the end of June, the inventories of both pine and spruce were 10-15% below the levels at the same time in 2023.    The domestic market continues to struggle, primarily due to the sluggish construction sector. Over the past 12 months, cumulative domestic consumption has plummeted to a record low of 1 ...

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