Try our corporate solution for free!
(212) 419-8286

Industry revenue of »sawmilling and planing of wood« in Estonia 2011-2023

According to a 2016 report from the United Nations Economic Commission for Europe (UNECE), Estonia had the highest per capita consumption of sawn softwood in the EU. Additionally, it was also amongst the leading exporters of roundwood in the world, having exported over 2.5 million cubic meters of roundwood. Therefore, it isn’t surprising to see that revenues of its sawmilling and planing of wood industry have witnessed a 60 percent rise between 2011-2019, growing from 728 million U.S. dollars to 1.1 billion U.S. dollars. Key growth drivers include the rising demand for wood, due to a rise in construction activity and the increasing use of wood as a source of renewable energy. Further, a large forest cover has also been beneficial for the industry.

As per initial predictions, the industry was forecast to witness 10 percent growth between 2020-2023. However, this is rather unlikely looking at the current scenario, as the outbreak of the corona virus has not only impacted domestic production, but also disrupted the overseas supply-chain activities. Manufacturing activity is likely to remain subdued in the short to medium term.

Industry revenue of »sawmilling and planing of wood« in Estonia from 2011 to 2023

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Estonia. The industry “sawmilling and planing of wood“ has the code “C161“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Economic Outlook Estonia"

Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.