Finland: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Finland

In 2022, the Finnish paper and paperboard market decreased by -96.9% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption recorded a noticeable contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Paper And Paperboard Production in Finland

In value terms, paper and paperboard production dropped markedly to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The growth pace was the most rapid in 2021 when the production volume increased by 333%. As a result, production reached the peak level of $X, and then declined notably in the following year.

Paper And Paperboard Exports

Exports from Finland

In 2022, exports of paper and paperboard (creped, crinkled, embossed or perforated) from Finland contracted to X tons, with a decrease of -5.7% against the previous year's figure. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 350%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, paper and paperboard exports fell to $X in 2022. Overall, exports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 415% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of paper and paperboard exports from Finland, together comprising 73% of total exports. South Korea, Taiwan (Chinese), the Netherlands, Germany, China and the United States lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +1,248.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Belgium ($X) and South Korea ($X) constituted the largest markets for paper and paperboard exported from Finland worldwide, with a combined 69% share of total exports. Taiwan (Chinese), the Netherlands, Norway, Germany, the United States and China lagged somewhat behind, together comprising a further 21%.

The Netherlands, with a CAGR of +1,233.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average paper and paperboard export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Finland

In 2022, the amount of paper and paperboard (creped, crinkled, embossed or perforated) imported into Finland shrank sharply to X tons, waning by -23.3% against 2021. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 486% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper and paperboard imports dropped significantly to $X in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 111% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) was the main supplier of paper and paperboard to Finland, accounting for a 96% share of total imports. It was followed by France (X tons), with a 0.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at -4.5%.

In value terms, Sweden ($X) constituted the largest supplier of paper and paperboard (creped, crinkled, embossed or perforated) to Finland, comprising 85% of total imports. The second position in the ranking was held by France ($X), with a 0.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to -4.9%.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 51%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%).

Source: IndexBox Platform

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