{"id":80844,"date":"2021-06-10T06:41:28","date_gmt":"2021-06-10T06:41:28","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/sweden-sawmills-run-high-speed-record-export-prices\/"},"modified":"2025-09-19T08:55:38","modified_gmt":"2025-09-19T08:55:38","slug":"sweden-sawmills-run-high-speed-record-export-prices","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/sweden-sawmills-run-high-speed-record-export-prices\/","title":{"rendered":"Sweden: Sawmills run at high speed on record export prices"},"content":{"rendered":"<p><em>In its latest newsletter, Danske Bank has taken a closer look at the Swedish sawmills' corona boom and how long it can last. Despite the fact that the sawmill industry is earning really well right now, high inventory levels reduce the willingness to pay forest owners.<\/em><\/p>\n<p>The fact that the demand for sawn wood products and the willingness to pay for them is incredibly high right now has hardly escaped anyone.\u00a0According to\u00a0Danske Bank, the Swedish sawmill industry is currently in its fourth boom in 70 years.\u00a0After the Korea boom, the raw materials boom and the China boom, now is the corona boom that prevails with record high export prices for sawn wood products, which is described by many as a crazy market.<\/p>\n<p><strong>Large price increase<\/strong><\/p>\n<p>Danske Bank states that consistent data from the Swedish sawmill industry shows a continued good economic situation where no turnaround is seen before the winter, which guarantees very good profitability levels.<\/p>\n<p>The Swedish sawmill industry reached a new production record in March with 1.9 million cubic meters of wood produced.\u00a0At the same time, Danske Bank believes that the sawmills envisage an extreme shortage of wood products after the summer and the market is described as insatiable.\u00a0But fears of an equally rapid downturn are growing in the industry.<\/p>\n<p>In the US market, according to Danske Bank, wood product prices fluctuate \"like a cryptocurrency\" and after a price peak of USD 1,670 \/ board ft, prices turned sharply down, to just over USD 1,400.\u00a0This is a price increase of 250 percent compared to the normal level, which according to the bank makes it about twice as profitable to sell to the USA as to Europe.<\/p>\n<p>The price increase for sawn wood products in Sweden is around 50 percent and continues to rise.\u00a0According to the sawmill managers that Danske Bank spoke to, the market is literally crazy right now, where the willingness to pay is almost unlimited to satisfy the end customer.<\/p>\n<p>Price increases of well over SEK 1,000 \/ m3 and prices on certain ranges of more than SEK 5,000 \/ m3 beat the previous boom prices of around SEK 3,000 \/ m3. Something that Danske Bank is looking at with some astonishment is that most Swedish sawmills calculate with continued price increases of 15\u201330 percent during the second quarter.<\/p>\n<p>It is above all the spruce timber that has soared in terms of price.\u00a0According to Danske Bank, the fact that the pine did not hang with the price rally is largely due to the fact that the strong pine market in North Africa and also China has slipped behind the grandominated markets in the US and the UK.<\/p>\n<p>According to Danske Bank, when the price differences between spruce and pine become too great, there is a so-called substitution effect, where the expensive spruce is replaced by the cheaper pine.\u00a0At the same time, the price for lower qualities are also rising.<\/p>\n<p><strong>No price increases<\/strong><\/p>\n<p>The question is how long this \"all time high\" can last, but the Swedish sawmill representatives that Danske Bank spoke to do not see any signs of a turnaround before November.\u00a0However, there is a nervousness that the swing, if it comes, can be fast and sharp.\u00a0According to Danske Bank, now that all players around the world are sawing as best they can, the risk of a rapid and sharp turnaround also increases.<\/p>\n<p>Swedish sawmills' earnings and operating margins during the first quarter have increased significantly as a result of the sharp rise in prices compared with previous years, and Danske Bank believes that the companies surveyed land on operating margins for the full year of 20, and in some cases up to 30 percent in 2021 Operating profit which is also strengthened by the fact that no major price increases for timber are to be expected.<\/p>\n<p><a href=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/SwedishWood-5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5919\" src=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/SwedishWood-5-300x225.jpg\" sizes=\"auto, (max-width: 511px) 100vw, 511px\" srcset=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/SwedishWood-5-300x225.jpg 300w, https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/SwedishWood-5.jpg 1024w\" alt=\"\" width=\"511\" height=\"383\" \/><\/a><\/p>\n<p>Danske Bank has spoken to a number of sawmill companies that have given their views on the market, including Jesper Rudb\u00e4ck, CEO of Handelshuset Tr\u00e4t\u00e4lja.<\/p>\n<p>''Our main product is pine and the focus of our business is in the MENA area (Middle East North Africa).\u00a0The prices of pine have not hung with the spruce wood during the rapid rise where the USA and UK have driven the market.\u00a0But at the end of March a change took place and now the pine buyers accept the situation.\u00a0The average price has risen by about 25% from late March to early May.\u00a0Buyers are now screaming for goods, but sawmills often have nothing to sell.\u00a0I have never seen anything like this,'' he says.<\/p>\n<p>At Derome, there is speculation about what could cause the market to tip over, and here no price increases are planned for forest owners.<\/p>\n<p>''I think that the strong demand will last at least until the turn of the year, but of course you go and think about what makes the market collapse.\u00a0Is it that we do not get goods, that it becomes too expensive or that inflation sticks out?\u00a0If the interest rate increases, many construction projects will be blown off.\u00a0In southern Sweden, we have high timber prices and a good timber flow.\u00a0Now we are not planning any increases.\u00a0The risk for us is that, as usual, we have far too expensive timber,'' says CEO Magnus Andersson.<\/p>\n<p><strong>Exports are increasing<\/strong><\/p>\n<p>Nor with Vida or V\u00e4rmlands\u00e5gen AB Hilmer Andersson are there any major price increases.\u00a0Kari Andersson, CEO of AB Hilmer Andersson states that they have good timber.<\/p>\n<p>This is a problem for forest owners who probably sold their timber too cheaply in the initial price increase, which filled the sawmills' stocks.\u00a0Danske Bank believes in smaller price increases, far from what forest owners believe and hope for as a result of the currently good timber supply with inventory levels of 12 percent above the average levels for Q1 over the past eight years.<\/p>\n<p>According to the bank, the southern Swedish timber prices are at record levels, with S\u00f6dra raising the normal timber price for spruce and pine by SEK 120 \/ m3fub and SEK 60 \/ m3fub, respectively, since last summer.\u00a0The price picture in southern Central Sweden is colored by the large supply as a result of the bark beetle infestations, and the price difference compared to southern Sweden is on average SEK 150 \/ m3fub.\u00a0Something that has contributed to increased exports to get better profitability.<\/p>\n<p><strong>China indicates turnaround<\/strong><\/p>\n<p>When it comes to pulp, both SCA and S\u00f6dra have raised prices on the European market, and the prices of cardboard and so-called liner are also increasing.\u00a0Here, according to Danske Bank, however, one begins to see a hint that the peak has been reached and that prices are culminating.\u00a0At the same time, the bank believes that prices that do not rise do not necessarily mean that they will fall, but that it may well be a break or a stabilization.<\/p>\n<p>However, according to the bank, it is not possible to turn a blind eye to the fact that the leading indicator of a future fall in prices is that prices in China are no longer rising.<\/p>\n<p>According to Danske Bank, what drives the pulp price is difficult to say, but the development of Chinese futures and spot prices, global producer stocks and the expansion of new pulp production that could lead to an oversupply can provide both short-term and long-term indications.<\/p>\n<p><strong>Hardening market<\/strong><\/p>\n<p>The pulp price has also brought the pulpwood price up, mainly in southern Sweden, where S\u00f6dra raised prices by a total of SEK 50 \/ m3fub, including a thinning premium of SEK 25 \/ m3fub.\u00a0Something that has surprised Danske Bank is Mellanskog's and Holmen's price increases in Central Sweden of between SEK 20\u201330 \/ m3fub, despite the industry having a good supply of pulpwood.\u00a0Northern Sweden looks set to once again be without price increases.<\/p>\n<p>According to Danske Bank, Stora Enso's closure of pulp production at Kvarnsveden and Ortviken's restructuring will lead to a temporary reduction in the need for fiber by around two million cubic meters in central Sweden.\u00a0But in a few years 'time, the bank believes in a hardening market when Ortviken starts up again, Stora Enso has expanded its mill in Skoghall and Mets\u00e4's new investment in Finnish Kemi has gained momentum.\u00a0Despite some uncertainty about pulpwood, Danske Bank advises continued thinning and also clearing.<\/p>","protected":false},"excerpt":{"rendered":"<p>In its latest newsletter, Danske Bank has taken a closer look at the Swedish sawmills&#8217; corona boom and how long it can last. Despite the fact that the sawmill industry is earning really well right now, high inventory levels reduce &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/sweden-sawmills-run-high-speed-record-export-prices\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716,4715],"tags":[3945,3383,3462,3328],"class_list":["post-80844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","category-market-analysis","tag-lumber-prices","tag-sawmill","tag-sawnwood","tag-sweden","topic-forestry","topic-industry-prices","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sweden: Sawmills run at high speed on record export prices - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/sweden-sawmills-run-high-speed-record-export-prices\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sweden: Sawmills run at high speed on record export prices - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"In its latest newsletter, Danske Bank has taken a closer look at the Swedish sawmills&#039; corona boom and how long it can last. Despite the fact that the sawmill industry is earning really well right now, high inventory levels reduce &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/sweden-sawmills-run-high-speed-record-export-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-10T06:41:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:55:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/swedish-sawn-timber.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"635\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"Sweden: Sawmills run at high speed on record export prices\",\"datePublished\":\"2021-06-10T06:41:28+00:00\",\"dateModified\":\"2025-09-19T08:55:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/\"},\"wordCount\":1392,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/swedish-sawn-timber.jpg\",\"keywords\":[\"lumber prices\",\"sawmill\",\"sawnwood\",\"Sweden\"],\"articleSection\":[\"Companies in the timber industry\",\"Latest Trends\",\"Market Analysis\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/sweden-sawmills-run-high-speed-record-export-prices\/\",\"name\":\"Sweden: Sawmills run at high speed on record export prices - 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