Finland: Market for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) 2025

Market Size for Particle Board And Similar Board Of Ligneous Materials (Excluding Wood) in Finland

In 2021, the Finnish market for particle board and similar board of ligneous materials (excluding wood) increased by 17% to $X, rising for the fourth consecutive year after three years of decline. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Exports from Finland

After four years of growth, shipments abroad of particle board and similar board of ligneous materials (excluding wood) decreased by -94.4% to X cubic meters in 2020. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by 380%. Over the period under review, the exports of reached the maximum at X cubic meters in 2019, and then dropped sharply in the following year.

In value terms, exports of particle board and similar board of ligneous materials (excluding wood) dropped sharply to $X in 2020. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 225,182% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2019, and then contracted dramatically in the following year.

Exports by Country

Hong Kong SAR (X cubic meters) was the main destination for exports of particle board and similar board of ligneous materials (excluding wood) from Finland, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Hong Kong SAR was relatively modest.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for particle board and similar board of ligneous materials (excluding wood) exports from Finland.

From 2012 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

The average export price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2020, waning by -77.8% against the previous year. Overall, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 595%. As a result, the export price attained the peak level of $X per cubic meter, and then reduced remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2020, the rate of growth in terms of prices for Sweden amounted to +19.2% per year.

Imports of Particle Board And Similar Board Of Ligneous Materials (Excluding Wood)

Imports into Finland

In 2021, approx. X cubic meters of particle board and similar board of ligneous materials (excluding wood) were imported into Finland; increasing by 7% compared with 2020 figures. The total import volume increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 24%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of particle board and similar board of ligneous materials (excluding wood) surged to $X in 2021. In general, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.2% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X cubic meters), France (X cubic meters) and Poland (X cubic meters) were the main suppliers of imports of particle board and similar board of ligneous materials (excluding wood) to Finland, with a combined 95% share of total imports. These countries were followed by China, which accounted for a further 2.7%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +93.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Poland ($X) appeared to be the largest board of bagasse, bamboo or other particles suppliers to Finland, together accounting for 85% of total imports. China lagged somewhat behind, accounting for a further 4.8%.

China, with a CAGR of +93.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for particle board and similar board of ligneous materials (excluding wood) stood at $X per cubic meter in 2021, picking up by 13% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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