In January–June 2023, almost half more of Finnish energywood was purchased as the average for the previous five years. The rise is explained by a doubling of the trade in logging residues, as the volume of pruned stems fell by a tenth.
In the Q2 of the year, prices continued to rise. In standing sales, the average price of logging residues was one and a half times as high and price of pruned stems twice as high as during the whole of last year. Delivery prices also increased, but less, as Natural Resources Institute Finland (Luke) reports.
In the Q2 2023, almost two thirds of the trade in energywood was logging residues. The average price paid for logging residues in standing sales was Euro 8.1 per cubic metre.
Compared to the previous quarter, the average price rose by 36% in real terms and by 55% compared to the whole of last year. In delivery sales the price rose by 17% from the previous quarter to Euro 24.4.
Trade volumes
A total of 1.6 million cubic metres of energywood trade was recorded in the statistics in the Q2 of the year. The volume increased by 57% year-on-year and by 45% compared to the average of the previous five years.
In January–June, trade was 60% higher than a year ago and 47% higher than in the previous five years. Compared to the previous five years, trade in logging residues doubled and trade in pruned stems fell by a tenth.
