Scandinavia: Gummed Paper Market 2024

Gummed Paper Market Size in Scandinavia

The Scandinavia gummed paper market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption showed a slight reduction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Gummed Paper Production in Scandinavia

In value terms, gummed paper production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 62% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Gummed Paper Exports

Exports in Scandinavia

For the third consecutive year, Scandinavia recorded growth in overseas shipments of gummed paper and paperboard (excluding self-adhesives), which increased by 26% to X tons in 2021. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 41%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, gummed paper exports skyrocketed to $X in 2021. Over the period under review, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden prevails in exports structure, amounting to X tons, which was approx. 94% of total exports in 2021. It was distantly followed by Finland (X tons), achieving a 5% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to gummed paper exports from Sweden stood at +12.6%. At the same time, Finland (+20.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +20.0% from 2012-2021. From 2012 to 2021, the share of Finland increased by +2.1 percentage points.

In value terms, Sweden ($X) remains the largest gummed paper supplier in Scandinavia, comprising 95% of total exports. The second position in the ranking was taken by Finland ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden stood at +14.1%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, jumping by 30% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export 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 suppliers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.3%).

Gummed Paper Imports

Imports in Scandinavia

In 2021, overseas purchases of gummed paper and paperboard (excluding self-adhesives) increased by 0.1% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 28%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, gummed paper imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 32%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) was the largest importer of gummed paper and paperboard (excluding self-adhesives), generating 55% of total imports. Finland (X tons) took a 27% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (18%).

Norway was also the fastest-growing in terms of the gummed paper and paperboard (excluding self-adhesives) imports, with a CAGR of +16.2% from 2012 to 2021. Finland (-10.2%) and Sweden (-20.5%) illustrated a downward trend over the same period. Norway (+49 p.p.) significantly strengthened its position in terms of the total imports, while Finland and Sweden saw its share reduced by -4.7% and -44.4% from 2012 to 2021, respectively.

In value terms, the largest gummed paper importing markets in Scandinavia were Norway ($X), Finland ($X) and Sweden ($X).

Norway, with a CAGR of +12.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, rising by 24% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+15.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform