Sweden: Particle Board Market 2024

Particle Board Market Size in Sweden

In 2022, the Swedish particle board market increased by 1.6% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed modest growth. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Particle Board Production in Sweden

In value terms, particle board production expanded notably to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 6.2%. Particle board production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Particle Board Exports

Exports from Sweden

In 2022, overseas shipments of particle board decreased by -39.2% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Overall, total exports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by 54% against the previous year. Over the period under review, the exports reached the peak figure at X cubic meters in 2021, and then dropped markedly in the following year.

In value terms, particle board exports reduced notably to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Denmark (X cubic meters), the Netherlands (X cubic meters) and Norway (X cubic meters) were the main destinations of particle board exports from Sweden, together comprising 78% of total exports. Finland, Germany, Estonia and Poland lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +44.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), the Netherlands ($X) and Norway ($X) constituted the largest markets for particle board exported from Sweden worldwide, with a combined 81% share of total exports. Estonia, Finland, Germany and Poland lagged somewhat behind, together comprising a further 12%.

Germany, with a CAGR of +24.3%, saw 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 particle board export price amounted to $X per cubic meter, surging by 27% against the previous year. Over the period under review, the export price recorded 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 destination: amid the top suppliers, the country with the highest price was Norway ($X per cubic meter), while the average price for exports to Germany ($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 Poland (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Sweden

After two years of growth, supplies from abroad of particle board decreased by -12.8% to X cubic meters in 2022. The total import volume increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at X cubic meters in 2021, and then fell in the following year.

In value terms, particle board imports fell to $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Germany (X cubic meters), Norway (X cubic meters) and Denmark (X cubic meters) were the main suppliers of particle board imports to Sweden, with a combined 71% share of total imports. Latvia, France, the UK, Russia, Poland, Estonia and Austria lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +54.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Norway ($X) and Denmark ($X) constituted the largest particle board suppliers to Sweden, together comprising 68% of total imports. Latvia, France, the UK, Poland, Estonia, Austria and Russia lagged somewhat behind, together accounting for a further 23%.

Russia, with a CAGR of +55.9%, saw the highest growth rate of the value of imports, among 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 particle board import price amounted to $X per cubic meter, with an increase of 6.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per cubic meter), while the price for Russia ($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 Poland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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