Scandinavia: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Scandinavia

In 2022, the Scandinavia cellulose fibrecement sheet market increased by 13% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a perceptible reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Cellulose Fibrecement Sheet Production in Scandinavia

In value terms, cellulose fibrecement sheet production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by 18%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Cellulose Fibrecement Sheet Exports

Exports in Scandinavia

After two years of growth, shipments abroad of sheets, panels and tiles of cellulose fibrecement decreased by -15.6% to X tons in 2022. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped markedly in the following year.

In value terms, cellulose fibrecement sheet exports reduced to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, Finland (X tons) was the key exporter of sheets, panels and tiles of cellulose fibrecement in Scandinavia, committing 100% of total export.

Finland was also the fastest-growing in terms of the sheets, panels and tiles of cellulose fibrecement exports, with a CAGR of +3.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) also remains the largest cellulose fibrecement sheet supplier in Scandinavia.

In Finland, cellulose fibrecement sheet exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, rising by 7.7% against the previous year. Over the period under review, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2018 when the export price increased by 13%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -2.5% per year.

Cellulose Fibrecement Sheet Imports

Imports in Scandinavia

In 2022, imports of sheets, panels and tiles of cellulose fibrecement in Scandinavia fell slightly to X tons, declining by -2.6% compared with the previous year. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cellulose fibrecement sheet imports fell rapidly to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value 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. The pace of growth was the most pronounced in 2013 with an increase of 38% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Sweden was the major importing country with an import of about X tons, which reached 64% of total imports. It was distantly followed by Norway (X tons) and Finland (X tons), together mixing up a 36% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cellulose fibrecement sheet imports into Sweden stood at +3.3%. At the same time, Norway (+15.5%) and Finland (+12.9%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +15.5% from 2012-2022. Norway (+15 p.p.) and Finland (+4.6 p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by -19.6% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported sheets, panels and tiles of cellulose fibrecement in Scandinavia, comprising 59% of total imports. The second position in the ranking was taken by Norway ($X), with a 28% share of total imports.

In Sweden, cellulose fibrecement sheet imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (+14.5% per year) and Finland (+16.3% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, waning by -13.2% against the previous year. Over the period under review, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 an increase of 23%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform