2025 leaves Finnish forest industry under pressure as wood costs stay high

The year 2025 left a deep mark on the Finnish forest industry, not through collapse, but through prolonged strain. Record-high wood prices, subdued end-product demand and structural shifts across Europe combined to compress margins and force difficult decisions across the sector. While paper and pulp closures drew headlines, the underlying story was broader: a market struggling to reconcile expensive raw material with weak downstream pricing, even as ownership structures and investment priorities continued to evolve. From plywood and sawmilling to board and bio-based products, companies spent much of the year negotiating adjustments, rethinking portfolios and selectively ...