In the timber market review, forestry expert Heiki Hepner said that the peak in market price levels has passed, and prices for nearly all types of wood have fallen. For example, the price of pine and aspen varieties fell by five to seven percent in the fourth quarter of 2022 compared to the preceding quarter. At the same time, the price of birch wood and logs increased by three to four percent in the fourth quarter.
The overall price of firewood is affected by changes in the price of varieties. In this case, too, the peak occurred last autumn, when three cubic meters of mixed firewood cost €80 per cubic meter. In March, the price of the same product has been cut in half. The catch is that the fall in market prices has not been fully reflected in retail firewood prices.
