Wooden frames market in Finland

Earlier Report Observations

The market for wooden frames in Finland, valued at approximately USD 4.9 million in 2018, entered a period of contraction through 2022. Initial stability in 2019 was followed by a sharp 16% drop in 2020 as the COVID-19 pandemic disrupted supply chains, causing delays and price increases despite increased consumer interest in home interior products. Legislative tightening, including new traceability and sustainability requirements for wood products, further influenced the market. The downturn continued into 2021 and 2022, exacerbated by the closure of older production facilities and ongoing global supply chain pressures that affected raw material availability and costs.

A notable recovery occurred in 2023, with market size jumping 21% to USD 4.3 million. This rebound was driven by significant investments from state-owned companies in new technologies and a sustained consumer shift towards domestic and ecologically responsible products. The entry of new players focusing on recycled materials also contributed. However, in 2024 the market declined by 6% to USD 4.1 million against a backdrop of heated timber trade and sharply rising wood prices, particularly for birch and energy wood. The opening of Metsä Group's large bioproduct plant in Kemi in late 2024 marked a major industry investment, while labor disputes and global market changes added further dynamics to the raw material landscape.

Production wooden frames in Finland

In value, 2017-2020, K $ US

Finland's wooden frames production declined for the third consecutive year. In 2020, output was valued at 931 K $ US, which is 1.5% lower than in 2019. Between 2017 and 2020, production decreased by 34%, representing an annualized decline of 12.9%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Exports wooden frames from Finland

Exports in kind, t

The market showed significant volatility during this period. Exports reached their peak in 2018 at 13.7 t, then fell to their lowest point in 2019 at 3.8 t, representing a 3.6-fold difference. In 2020, export volume recovered to 12.7 t, marking a substantial year-on-year increase of 234.6%. The largest decline occurred in 2019, when exports dropped by 72.2%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, three main markets—Estonia, Russia, and New Zealand—together accounted for 79.4% of Finland's total wooden frames exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

After rising for two years, Finland's wooden frames export value declined. In 2020, exports amounted to 65 K $ US, a decrease of 52.1% compared to the previous year. Over the 2017-2020 period, export value fell by 24%, with a compound annual growth rate of -8.7%. The highest value was recorded in 2019 at 135 K $ US, while the largest increase occurred in 2018 at 50.9%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Russia (37.0% of export value), Estonia (27.4%), and Latvia (11.4%) were the main destinations for Finland's wooden frames exports, together representing 75.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports wooden frames to Finland

Imports in kind, t

Import volumes showed irregular changes, reflecting a volatile market environment. The period saw a peak in 2017 and a trough in 2019, with a 55-fold amplitude between these years. In 2020, import volume reached 802.3 t, a dramatic increase of 5,277.6% compared to 2019. The lowest volume was recorded in 2019 at 14.9 t, when imports declined by 98.0%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

From 2017 to 2020, Poland (42.6% of import volume), China (32.4%), and Estonia (8.9%) were the primary sources for wooden frames imports to Finland, together accounting for 83.8% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

After increasing for two years, Finland's wooden frames import value declined. In 2020, imports totaled 3 215 K $ US, down 20.7% from the previous year. Over the 2017-2020 period, import value decreased by 3.4%, with a compound annual growth rate of -1.2%. The highest value was recorded in 2019 at 4 056 K $ US, while the largest increase occurred in 2018 at 12.0%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Poland (37.5% of import value), China (26.6%), and Estonia (14.0%) remained the principal suppliers of wooden frames to Finland, jointly representing 78.1% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020