Scandinavia: Asphalted Paper Market 2024

Asphalted Paper Market Size in Scandinavia

In 2022, the Scandinavia asphalted paper market decreased by -42.7% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Asphalted Paper Production in Scandinavia

In value terms, asphalted paper production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a precipitous shrinkage. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Asphalted Paper Exports

Exports in Scandinavia

In 2022, after five years of decline, there was significant growth in overseas shipments of tarred, bituminised or asphalted paper and paperboard, when their volume increased by 83% to X tons. Over the period under review, exports, however, continue to indicate a deep setback. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports soared to $X in 2022. Overall, exports, however, showed a sharp downturn. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden represented the main exporter of tarred, bituminised or asphalted paper and paperboard in Scandinavia, with the volume of exports recording X tons, which was near 76% of total exports in 2022. It was distantly followed by Norway (X tons), making up a 23% share of total exports.

Exports from Sweden decreased at an average annual rate of -18.6% from 2012 to 2022. At the same time, Norway (+1.8%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +1.8% from 2012-2022. While the share of Norway (+20 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (-19.6 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest asphalted paper supplier in Scandinavia, comprising 84% of total exports. The second position in the ranking was taken by Norway ($X), with a 15% share of total exports.

In Sweden, asphalted paper exports decreased by an average annual rate of -23.0% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, rising by 21% against the previous year. Overall, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2019 an increase of 22%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (-4.3%).

Asphalted Paper Imports

Imports in Scandinavia

In 2022, overseas purchases of tarred, bituminised or asphalted paper and paperboard decreased by -26.3% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 49%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, asphalted paper imports declined rapidly to $X in 2022. Overall, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of 43%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Sweden dominates imports structure, resulting at X tons, which was approx. 86% of total imports in 2022. Finland (X tons) took an 8.8% share (based on physical terms) of total imports, which put it in second place, followed by Norway (5%).

Sweden was also the fastest-growing in terms of the tarred, bituminised or asphalted paper and paperboard imports, with a CAGR of -6.9% from 2012 to 2022. Finland (-13.8%) and Norway (-16.5%) illustrated a downward trend over the same period. While the share of Sweden (+14 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Finland (-7 p.p.) and Norway (-7.4 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in Scandinavia, comprising 83% of total imports. The second position in the ranking was taken by Finland ($X), with an 11% share of total imports.

In Sweden, asphalted paper imports plunged by an average annual rate of -6.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Finland (-9.3% per year) and Norway (-15.9% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with a decrease of -4.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell slightly in the following year.

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 (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform