Friday, September 7, 2012

Finnish Forest Industry H1 2012

Forest industry in January-June 2012: Difficult market conditions led to weaker forest industry ...
Forest industry production volumes decreased or remained unchanged in a challenging operating environment during the first half of 2012. The industry's cost-competitiveness must be safeguarded in difficult economic times.
Finland produced 5.2 million tonnes of paper and paperboard in January-June 2012. Production volumes were down 10% from the previous year. Consumption of graphic paper grades remained low in the main market area of Europe because of the eurozone crisis, and this had an impact on Finnish production volumes. Paper export volumes decreased 12% in January-May, while paperboard exports were down 8.5%. Paper and paperboard prices remained stable in comparison to the corresponding period of 2011.