Finland: Corrugated Paper Market Overview 2020

Corrugated Paper Market Size in Finland

The revenue of the corrugated paper market in Finland amounted to $X in 2018, jumping by X% against the previous year. Overall, corrugated paper consumption continues to indicate extraordinary growth. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the corrugated paper market attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Corrugated Paper Production in Finland

In value terms, corrugated paper production totaled $X in 2018 estimated in export prices. Overall, corrugated paper production continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2016 when production volume increased by X% y-o-y. Over the period under review, corrugated paper production attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Corrugated Paper Exports

Exports from Finland

In 2018, the corrugated paper exports from Finland amounted to X tonnes, increasing by X% against the previous year. Overall, corrugated paper exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, corrugated paper exports totaled $X in 2018. Overall, corrugated paper exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for corrugated paper exports from Finland, with a X% share of total exports. Moreover, corrugated paper exports to Saudi Arabia exceeded the volume sent to the second major destination, Estonia (X tonnes), threefold. China (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Saudi Arabia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and China (+X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for corrugated paper exports from Finland, comprising X% of total corrugated paper exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Saudi Arabia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and China (+X% per year).

Export Prices by Country

In 2018, the average corrugated paper export price amounted to $X per tonne, waning by -X% against the previous year. In general, the corrugated paper export price continues to indicate a deep drop. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Poland ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced mixed trend patterns.

Corrugated Paper Imports

Imports into Finland

In 2018, the amount of corrugated paper and paperboard imported into Finland totaled X tonnes, growing by X% against the previous year. Overall, corrugated paper imports, however, continue to indicate a slight decline. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, corrugated paper imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, corrugated paper imports totaled $X in 2018. In general, corrugated paper imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Germany (X tonnes), Russia (X tonnes) and Estonia (X tonnes) were the main suppliers of corrugated paper imports to Finland, together accounting for X% of total imports. Denmark, Poland, Latvia and Sweden lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Denmark, while the other leaders experienced more modest paces of growth.

In value terms, the largest corrugated paper suppliers to Finland were Germany ($X), Russia ($X) and Sweden ($X), together accounting for X% of total imports. Estonia, Denmark, Poland and Latvia lagged somewhat behind, together accounting for a further X the main suppliers, Poland recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average corrugated paper import price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the import price indicated slight growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. In that year, the average import prices for corrugated paper and paperboard reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for corrugated paper and paperboard failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for Latvia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform