Foreign trade
The EFWIA's overviews of foreign trade for the period describe the volume of exports and imports of wood-based products in monetary terms as well as in terms of volume (tonnes, cubic metres) for the different products found within the sector (sawn timber, plywood, etc). In particular, the change (growth or decline) compared to the same period of the previous year (e.g. 5 months in 2020 versus 5 months in 2021) is examined. The report provides a quick overview of the general trends in Estonia's trade in forest and wood industry products with international partners and how it has changed over the course of months and years.
Industrial output
The EFWIA’s production volume and sales indices and overviews of production volumes for the period describe the change in output volumes in terms of various wood industry products (sawn timber, plywood, etc.). In particular, the change in production volume (growth or decline) compared to the same period of the previous year (e.g. 5 months in 2021 versus 5 months in 2022) is examined.
EFWIA sector overview
Once a year, the EFWIA prepares brief overviews of Estonia’s Forest and Wood Industries sector and publishes them on its website. The Association has been preparing and publishing overviews of the sector since 2014. The overviews are available as PDF files from the links below.
EY’s socio-economic impact assessment
The purpose of the analysis methodology was to analyse the role of the forest and wood industry sector in Estonia’s economy, including the potential impact in the case of various prescribed cuts.
Treatment of the forest and wood industries sector in the survey:
▪ Forest management
▪ Mechanical processing of wood
▪ Chemical processing of wood
▪ Furniture industry.
Analysis methodology
A model based on input-output tables, in which the interdependencies between different financial sectors were mapped, was used when assessing the socio-economic contribution of the sector. The impact was expressed in terms of the value added and the contribution to employment, including:
▪ Direct impact
▪ Indirect impact
▪ Associated impact
Also mentioned:
▪ The socio-economic impact by region, i.e. the proportion of the sector in the total added value and employment created in the region.
▪ The contribution of the sector changed in the case of different prescribed reduction scenarios (10, 15 and 19 million cubic metres per year).
AFRY climate impact study
Reaching climate goals is a common challenge we all face, with the wood industry also offering applicable solutions that work.
Even so, the wood industry sector has its own carbon footprint, which AFRY (formerly Pöyry) – the renowned Finnish consulting firm specialised in energy, industry and engineering solutions – has been studying since 2021.
Growing trees
Growing trees sequester carbon from the air and lock it in for up to hundreds of years.
Managed forest
The renewal of mature forests ensures the health of forests, raises their ability to sequester carbon and improves the quality of timber.
Circular economy
High-value timber is used to sustainably produce long-lasting wood products that replace fossil materials and fuels.
