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Finnish roundwood prices
remained high in November |
 Volumes and prices in roundwood trade Roundwood prices in Finland stayed elevated in November, consistent with levels observed throughout summer and autumn. In standing sales, prices increased slightly or remained steady compared to October, with new peak prices recorded in delivery sales of pulpwood. The roundwood trade volume in November surpassed the previous year¡¯s figures and the five-year average by 18% and 16%, respectively, according to Natural Resources Institute Finland (Luke). The cumulative trade volume from January to November was 16% higher than last year, exceeding the five-year average by 20%. Log trade volumes rose by 22%, and pulpwood by 14% during the same period. In standing sales, softwood logs rose by 1% from October, with spruce logs averaging Euro 82 per m3 and pine logs Euro 79 per m3. Birch logs also climbed by 1% to Euro 66 per m3. Pulpwood prices for spruce, pine, and birch remained steady at Euro 34, Euro 32, and Euro 32 per m3, respectively, reflecting a 22-24% increase compared to 2023 as a whole. Delivery sales of pulpwood witnessed sharper growth. Pine pulpwood prices increased by 3% to Euro 53 per m3, while birch pulpwood rose by 2% to Euro 53 per m3. Spruce pulpwood prices held steady at Euro 53 per m3. These delivery prices represent significant year-on-year increases: 17% for pine and 13% for both spruce and birch. November¡¯s real delivery pulpwood prices were the highest ever recorded in monthly statistics since 1995, reaching levels last seen in the early 1990s. Foreign trade in roundwood and forest industry products In September, the export value of the forest industry amounted to €0.97 billion, which was 2% less than last year¡¯s monthly average in real terms (using Wholesale Price Index, 1949=100). The export of sawn timber improved by 17% compared to the previous year¡¯s average, while the export value of the pulp and paper industry declined by 6%. In September, 0.43 million cubic metres of wood were imported to Finland, which is 4% more than the monthly average of the previous year. The import of pulpwood increased by 19%, and logs by as much as 35% compared to last year¡¯s monthly average. However, the import of chips decreased by 2%, and other wood imports plummeted by 49%. Source: Luke |
