Operating profit falls amid lower paper prices.
Logs
The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Operating profit for the financial year 2023 increased from the previous year’s Euro 2.2 million to Euro 4.2 million.
Price for sawlog exported from Germany to China rose 2%.
The total consumption of logs was 23.8 million cubic metres (-11%), and that of pulpwood was 36.7 million cubic metres (-2%).
The average price for logs decreased by 8%.
The most significant regional increase for sawlog prices was recorded in Södra Norrland, where prices surged by 9%.
Imports of softwood logs to China gained 2%.
Recovery continues after 2021 ban lift.
Softwood sawlogs see nearly 3% increase; pulpwood prices jump over 4%.
Price for pulpwood imported to Finland slipped 2%.
Price for logs exported from Lithuania slipped 1.7%.
Installation will take place in Q4 of 2024.
Sales in the wood product industry decreased by 0.2% from January.
Price for logs exported from Brazil slipped 5%.
These adjustments are expected to boost the profitability of forest estates and encourage sustainable forest management practices among family-owned operations.
Sweden's area notified for felling in March 2024 decreased 13%, compared to March 2023. The area regarding applications for permits for final felling in montane forests decreased to barely one twelfh, compared to the same month last year.
Price for logs exported from Canada expanded 20%.
Exports of logs from the U.S. grew 7%.
The continued high supply from New Zealand is partly due to favorable weather conditions that facilitated increased harvest volumes.