world news - 12.05.2008
Finnish forest industry production down 5% in January-March
Production
of sawn goods in Finland totalled about 2.5 million cubic metres, which
was 25% less than the year before. The drop was caused by the rapidly
weakening market situation. Demand in Central Europe has fallen and the
supply has increased, mainly because of shrinking exports to the United
States. The
average export price of sawn goods has fallen by about 13% from the
peak in August 2007. In January 2008 the export price was still about
1% higher than the year before, however. The value of sawn goods
production in Finland totalled about 550 million euros in January-March. Mainly
because of a shortage of raw materials, plywood production in
January-March amounted to 360,000 cubic metres or about 5% less
compared with the year before. The value of plywood production in the
1Q was about 200 million euros. According to information of the
National Board of Customs, the export price of plywood in January 2008
was about 10% higher than the year before. In
the 1Q 2008 paper and paperboard production remained at a good level.
Compared with the year before production nevertheless fell by about 2%
to slightly over 3.5 million tonnes. The value of production was about
2.1 billion euros. In January 2008 the average export price of paper
and paperboard was about 1% lower than the year before, according to
information of the National Board of Customs. In
January-March pulp production totalled about 2 million tonnes, which
was roughly the same as in the first quarter last year. Pulp export
prices in January were slightly higher than the year before. The value
of pulp production was slightly less than 1 billion euros in the 1Q.
See also:
- — The tree-house restaurant
- — Swedish officials protest against Russian timber protectionism
- — Forests Under Expanding Wildfire
- — Timber Imports Not Slowed By New Russian Customs Rules
- — Forestry has a bright, green future