The Estonian woodworking industry is experiencing contrasting trends in early 2025. While overall turnover has seen some growth, this is largely concentrated among a few major players, particularly strong sawmills, according to an Infopank quarterly analysis. Many smaller or export-dependent manufacturers, however, continue to operate under uncertainty and pressure, facing declines. Sawmills lead turnover growth The primary processors' segment, which includes sawmills, collectively saw a turnover increase of 6.5% in Q1 2025, reaching approximately 990 million euros. This growth was significantly driven by the strong performance of several key companies. Despite ongoing wage pressure, many in ...
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