Finland boosts softwood logs imports from the Baltics and Poland

December 14, 2018
Source:
Fordaq
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457
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Finland’s softwood logs imports rose by 65% in the first nine months of the year, up to 1.3 million cubic meters. In volume, Finnish imports rose by 92%, up to EUR 87 million. In September alone, imports more than doubled (+139%) up to 250 thousand m3.

In January-September 2018, the largest amount of softwood logs was imported from Russia, about 450 thousand m3, but lower by -13% as compared to the same period of last year. In the second place came Estonia, followed by Poland, both with a sharp increase in imports.

Finnish imports from Estonia increased by 48%, up to more than 300 thousand m3, while imports from Poland rose from nearly zero in January-September 2017, up to 266 thousand m3 in the same period of 2018. Imports from Latvia were up by 335% (up to 196 thousand meters).

The Finnish forest industry paid on average about EUR 64 per cubic meter in January-September 2018, higher than the EUR 55/m3 in the same period of last year.

Softwood logs imported by Finland from... (in cbm )

Jan.-Sep. 2017

Jan.-Sep. 2018

Change in %

 

EUROPEAN Union

287,736

891,282

210 %

 

Estonia

208,785

309,862

48 %

 

Poland

1,979

266,044

13,343 %

 

Latvia

45,099

196,002

335 %

 

Lithuania

24

66,832

278,367 %

 

Sweden

31,849

50,952

60 %

 

 

Others

-

1,590

%

 

OTHER European Countries

533,228

459,928

-14 %

 

Russia

528,446

459,028

-13 %

 

Norway

4,782

900

-81 %

TOTAL

820,964

1,351,210

65 %

 Data source: Eurostat; HS code 44032

Softwood logs imported by Finland from... (in EUR )

Jan.-Sep. 2017

Jan.-Sep. 2018

Change in %

 

EUROPEAN Union

14,242,529

58,977,199

314 %

 

Estonia

9,873,889

20,802,166

111 %

 

Poland

22,491

16,212,672

71,985 %

 

Latvia

2,276,554

13,346,277

486 %

 

Lithuania

6,191

4,727,088

76,254 %

 

Sweden

2,063,404

3,505,793

70 %

 

 

Others

-

383,203

%

 

OTHER European Countries

31,285,923

28,370,436

-9 %

 

Russia

30,017,161

28,130,406

-6 %

 

Norway

1,268,762

240,030

-81 %

TOTAL

45,528,452

87,348,168

92 %

Data source: Eurostat; HS Code: 44032