Finland: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2024

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Finland

In 2023, after two years of growth, there was significant decline in the Finnish market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Finland

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s shrank to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports from Finland

In 2023, the amount of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s exported from Finland contracted sharply to X tons, with a decrease of X% on the previous year. Over the period under review, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s declined dramatically to $X in 2023. Overall, exports saw a perceptible curtailment. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.

Exports by Country

Sweden (X tons) was the main destination for exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s from Finland, accounting for a X% share of total exports. Moreover, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Sweden exceeded the volume sent to the second major destination, Norway (X tons), twofold. Canada (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Canada (X% per year).

In value terms, the largest markets for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) exported from Finland were Sweden ($X), Norway ($X) and Canada ($X), with a combined X% share of total exports.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports into Finland

In 2023, approx. X tons of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s were imported into Finland; falling by X% compared with 2022 figures. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s fell rapidly to $X in 2023. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Sweden (X tons) were the main suppliers of imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Finland, with a combined X% share of total imports. The UK, Poland, Turkey and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s to Finland, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Sweden (X% per year).

Import Prices by Country

The average import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform