Finland: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in Finland

In 2022, the Finnish unbleached sulphate pulp market decreased by -10% to $X, falling for the fourth year in a row after two years of growth. In general, consumption recorded a deep setback. Unbleached sulphate pulp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Unbleached Sulphate Pulp Production in Finland

In value terms, unbleached sulphate pulp production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when the production volume increased by 32%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Unbleached Sulphate Pulp Exports

Exports from Finland

In 2022, shipments abroad of unbleached sulphate pulp increased by 9.8% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 80,670% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, unbleached sulphate pulp exports surged to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 71,097% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Belgium (X tons), China (X tons) and Germany (X tons) were the main destinations of unbleached sulphate pulp exports from Finland, with a combined 74% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +332.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for unbleached sulphate pulp exports from Finland, comprising 43% of total exports. The second position in the ranking was taken by China ($X), with a 17% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to +280.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+292.6% per year) and Germany (+113.0% per year).

Export Prices by Country

In 2022, the average unbleached sulphate pulp export price amounted to $X per ton, rising by 9.5% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Poland ($X per ton), while the average price for exports to China ($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 Turkey (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Unbleached Sulphate Pulp Imports

Imports into Finland

Unbleached sulphate pulp imports into Finland fell dramatically to X tons in 2022, waning by -52.4% on the previous year. Over the period under review, imports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2013 when imports increased by 100%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, unbleached sulphate pulp imports reduced sharply to $X in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 100%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of unbleached sulphate pulp to Finland, with a 74% share of total imports. Moreover, unbleached sulphate pulp imports from Sweden exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled +17.4%.

In value terms, Sweden ($X) constituted the largest supplier of unbleached sulphate pulp to Finland, comprising 73% of total imports. The second position in the ranking was held by Russia ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden totaled +20.0%.

Import Prices by Country

The average unbleached sulphate pulp import price stood at $X per ton in 2022, jumping by 53% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price 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, unbleached sulphate pulp import price increased by +68.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($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 Russia (+3.0%).

Source: IndexBox Platform

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