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Volumes and prices in roundwood trade, 2/2023

Published 24.3.2023

In standing sales, prices for pulpwood continued to rise in February. Average prices were three to four percent higher than in January. Compared with February last year, the standing sales price of birch pulpwood has already risen by 27 per cent, 22 per cent for pine and 18 per cent for spruce. The volume of all industrial roundwood purchased in the beginning of the year was a quarter higher than last year and the same as the average for the previous five years.

  • In February, the average price paid for spruce logs was EUR 74.0 and for pine logs EUR 70.2 per cubic metre in standing sales. Average prices rose by one per cent in real terms from January.  Compared to the whole of last year, the price level of logs was one per cent higher.
  • The average standing sale price of spruce pulpwood increased to EUR 25.2, pine to EUR 23.5 and birch to EUR 24.0 per cubic metre. Compared to the previous month, prices rose by three to four percent. In real terms, the price of birch pulpwood exceeded the average price for the whole of last year by 18 per cent. The increase was 15 per cent for pine and 11 per cent for spruce. Since February last year, these prices have already risen by 18–27 per cent.
  • Pulpwood roadside prices remained at the January level. The average price paid for pine pulpwood was EUR 43.4, for spruce EUR 44.8 and for birch EUR 44.8 per cubic metre. Average prices for the whole of last year were exceeded by 15–17 per cent in real terms. In February, two thirds of all wood purchased in delivery sales was pulpwood.
  • In February, 3.2 million cubic metres of industrial roundwood purchased from private forests were recorded in the statistics. This was 31 per cent more than a year earlier and 16 per cent more than the average for the previous five years.
  • In January–February, timber trade was 23 per cent higher than a year ago and the same as the average for the previous five years. Compared to the previous five years, trade in logs is up three per cent and trade in pulpwood is down two per cent.

 

Background information on the statistics

Unit prices in roundwood trade are recorded in the statistical database at the fair prices valid each time. However, price changes are examined in the texts and graphs in real terms by eliminating the change in value using the cost-of-living index.

The recorded prices are based on prices entered in wood trade agreements between the buyers and sellers. Any other increments and services related to wood trade are not included in the statistics.

Wood trade data for statistics are provided by the largest buyers of wood and forest management associations. As the information is not rounded up to correspond to the total non-industrial private wood trade in Finland, the published wood volumes only represent about 90 per cent of the wood purchased by forest industries from non-industrial private forests.

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