Norway: Fiberboard Market 2025

Fiberboard Market Size in Norway

After two years of growth, the Norwegian fiberboard market decreased by -1% to $X in 2022. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Fiberboard Production in Norway

In value terms, fiberboard production expanded notably to $X in 2022 estimated in export price. In general, production showed a significant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 1,239%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Fiberboard Exports

Exports from Norway

In 2022, overseas shipments of fiber board of wood or other ligneous materials decreased by -20.8% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 50%. The exports peaked at X cubic meters in 2021, and then shrank significantly in the following year.

In value terms, fiberboard exports plummeted to $X in 2022. In general, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2017 when exports increased by 99%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Sweden (X cubic meters), Denmark (X cubic meters) and Finland (X cubic meters) were the main destinations of fiberboard exports from Norway, with a combined 73% share of total exports. Belgium, Saudi Arabia, Lithuania, Estonia and Oman lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +19.3%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) appeared to be the largest markets for fiberboard exported from Norway worldwide, with a combined 76% share of total exports.

Denmark, with a CAGR of +23.7%, recorded the highest rates of growth with regard to 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, picking up by 3.3% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +13.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 33%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per cubic meter), while the average price for exports to Finland ($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 Denmark (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Norway

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were imported into Norway; declining by -23.3% on the previous year's figure. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 when imports increased by 19%. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fiberboard imports contracted to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Germany (X cubic meters), Belgium (X cubic meters) and Poland (X cubic meters) were the main suppliers of fiberboard imports to Norway, together comprising 78% of total imports. Spain, Sweden, France, Switzerland and Ireland lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +16.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Sweden ($X) constituted the largest fiberboard suppliers to Norway, with a combined 77% share of total imports. Poland, Spain, Switzerland, France and Ireland lagged somewhat behind, together comprising a further 13%.

Switzerland, with a CAGR of +19.0%, saw the highest growth rate of 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

In 2022, the average fiberboard import price amounted to $X per cubic meter, increasing by 21% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fiberboard import price increased by +16.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Ireland ($X per cubic meter), while the price for France ($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 Ireland (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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