Finnish production and exports grow
19 May 2014Finnish wood products output grew 5% in the first quarter to 2.7 million m3, according to the latest update from the Finnish Forest Industries Federation (FFIF).
Plywood production amounted to 310,000m3, 15% more than in January-March 2013, while export deliveries in January-February for solid wood and plywood were higher than a year ago.
“Demand for wood products showed signs of recovery in some European countries while the strong demand seen in Asia last year tailed off,” said FFIF. “Domestic demand was very low due to the low level of residential construction.”
FFIF member companies bought 8.5 million m3 of timber from private forests in Q1 – 25% more than a year ago. Log and pulpwood procurement volumes increased to 3.9 million m3 and 4.3 million m3 respectively.
FFIF said Q1 demonstrated signs of recovery, with new industry investments also announced.
