Finnish sawn timber output down 30%
Aug 12, 2009. Finnish sawn timber production was down about 30% in the first half of 2009 compared to a year ago, according to a new report.
Aug 12, 2009. /Lesprom Network/. Finnish sawn timber production was down about 30% in the first half of 2009 compared to a year ago, according to a new report, as informed by Timber Trades Journal.
The Finnish Forest Industries Federation’s latest Forest Industry Review also says production for the period totalled 3.8 million cubic meters.
Second quarter production was 1.9 million cubic meters – 35% less than a year ago, while sawn timber prices were around a fifth lower than 2008.
Plywood production slipped 49% in the first half to 370,000 cubic meters, while second quarter output was 45% down at 200,000 cubic meters.
The value of the wood product industry’s production in the second quarter was almost halved from last year to just under Eur 900 million.