Finland: Fiberboard Market 2025

Fiberboard Market Size in Finland

In 2022, the Finnish fiberboard market increased by 1.7% to $X, rising for the third year in a row after seven years of decline. Overall, consumption, however, saw a perceptible decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fiberboard Production in Finland

In value terms, fiberboard production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 2.9% against the previous year. Fiberboard production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Fiberboard Exports

Exports from Finland

In 2022, the amount of fiber board of wood or other ligneous materials exported from Finland amounted to X cubic meters, increasing by 1.5% on 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. The exports peaked at X cubic meters in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fiberboard exports rose rapidly to $X in 2022. Over the period under review, total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X cubic meters), the UK (X cubic meters) and the Netherlands (X cubic meters) were the main destinations of fiberboard exports from Finland, together accounting for 85% of total exports. Denmark, Germany, Estonia, Norway and Morocco lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +26.6%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the UK ($X) and the Netherlands ($X) were the largest markets for fiberboard exported from Finland worldwide, together comprising 82% of total exports.

The Netherlands, with a CAGR of +21.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, surging by 4.9% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fiberboard export price increased by +69.1% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 33%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per cubic meter), while the average price for exports to Morocco ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Finland

In 2022, purchases abroad of fiber board of wood or other ligneous materials decreased by -0.5% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2020 when imports increased by 41%. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fiberboard imports fell to $X in 2022. In general, imports saw a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X cubic meters), Germany (X cubic meters) and Estonia (X cubic meters) were the main suppliers of fiberboard imports to Finland, together comprising 65% of total imports. Russia, Belgium, Norway, Sweden, Ukraine and Lithuania lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +44.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Belgium ($X) appeared to be the largest fiberboard suppliers to Finland, with a combined 65% share of total imports. Estonia, Sweden, Russia, Norway, Ukraine and Lithuania lagged somewhat behind, together accounting for a further 24%.

Among the main suppliers, Ukraine, with a CAGR of +474.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fiberboard import price amounted to $X per cubic meter, reducing by -3.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Russia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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