Low interest rates, longer mortgage repayment terms and continuing consumer confidence were identified as encouraging new construction products and renovation and repair of buildings.
The latter was identified as accounting for approximately half of the country’s construction volume, with further expansion predicted.
The growth in new wood products and methods of utilising timber are seen as encouraging news for the country’s carpentry and joinery sector.
The Finnish plywood producing industry has maintained its position within the global market through continued development, says the FFIF.
In addition to traditional uses, new areas including product for transport equipment and thin veneer have been exploited by plywood producers.
