Scandinavia: Paper And Paperboard Market 2025

Paper And Paperboard Market Size in Scandinavia

In 2022, the Scandinavia paper and paperboard market decreased by -86.7% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption, however, enjoyed a buoyant increase. 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 Scandinavia

In value terms, paper and paperboard production shrank markedly to $X in 2022 estimated in export price. In general, production, however, posted a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, production attained the peak level of $X, and then declined significantly in the following year.

Paper And Paperboard Exports

Exports in Scandinavia

In 2022, exports of paper and paperboard (creped, crinkled, embossed or perforated) in Scandinavia reduced to X tons, dropping by -3.1% on the previous year's figure. Over the period under review, exports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 30% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper and paperboard exports rose modestly to $X in 2022. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden prevails in exports structure, accounting for X tons, which was near 90% of total exports in 2022. It was distantly followed by Finland (X tons), comprising a 9.5% share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of paper and paperboard (creped, crinkled, embossed or perforated). Finland (-18.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by +36 percentage points.

In value terms, Sweden ($X) remains the largest paper and paperboard supplier in Scandinavia, comprising 90% of total exports. The second position in the ranking was held by Finland ($X), with a 9.4% share of total exports.

In Sweden, paper and paperboard exports increased at an average annual rate of +3.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, picking up by 8.3% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard export price increased by +91.8% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 43%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.7%).

Paper And Paperboard Imports

Imports in Scandinavia

After two years of growth, purchases abroad of paper and paperboard (creped, crinkled, embossed or perforated) decreased by -14% to X tons in 2022. Overall, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 181%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, paper and paperboard imports reduced to $X in 2022. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Finland (X tons) and Sweden (X tons) were the largest importers of paper and paperboard (creped, crinkled, embossed or perforated) in Scandinavia, together reaching approx. 85% of total imports. It was distantly followed by Norway (X tons), making up a 15% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sweden (with a CAGR of -1.7%), while imports for the other leaders experienced a decline in the imports figures.

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

In terms of the main importing countries, Sweden, with a CAGR of -2.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, picking up by 8.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by 234% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+3.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform