Finland: Sulphite Wood Pulp Market 2023

Sulphite Wood Pulp Market Size in Finland

In 2021, the Finnish sulphite wood pulp market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Sulphite Wood Pulp Production in Finland

In value terms, sulphite wood pulp production surged to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 34% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Sulphite Wood Pulp Exports

Exports from Finland

After two years of decline, shipments abroad of chemical wood pulp (sulphite, other than dissolving grades) increased by 1,544% to X tons in 2021. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 5,742%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, sulphite wood pulp exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when exports increased by 4,420%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Italy (X tons) and Estonia (X tons) were the main destinations of sulphite wood pulp exports from Finland, together comprising 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +100.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sulphite wood pulp exported from Finland were Sweden ($X), Italy ($X) and Estonia ($X), together accounting for 88% of total exports.

Estonia, with a CAGR of +80.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average sulphite wood pulp export price amounted to $X per ton, dropping by -73.9% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2019 an increase of 625% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Estonia ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+16.2%), while the prices for the other major destinations experienced a decline.

Sulphite Wood Pulp Imports

Imports into Finland

In 2021, the amount of chemical wood pulp (sulphite, other than dissolving grades) imported into Finland expanded slightly to X tons, growing by 2.6% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 45%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, sulphite wood pulp imports expanded modestly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of sulphite wood pulp to Finland, accounting for a 72% share of total imports. Moreover, sulphite wood pulp imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Sweden was relatively modest.

In value terms, the largest sulphite wood pulp suppliers to Finland were Sweden ($X) and Germany ($X).

Germany, with a CAGR of +0.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, remaining relatively unchanged 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 2020 an increase of 32%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Sweden stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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