Finland: Corrugated Paper Market Overview 2021

Corrugated Paper Market Size in Finland

The Finnish corrugated paper market totaled $X in 2020, increasing by X% against the previous year. Overall, consumption enjoyed a significant expansion. The growth pace was the most rapid in 2016 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Corrugated Paper Production in Finland

In value terms, corrugated paper production rose to $X in 2020 estimated in export prices. In general, production showed significant growth. The growth pace was the most rapid in 2016 when the production volume increased by X% y-o-y. Corrugated paper production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Corrugated Paper Exports

Exports from Finland

In 2020, overseas shipments of corrugated paper and paperboard decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes, and then reduced notably in the following year.

In value terms, corrugated paper exports fell rapidly to $X in 2020. In general, exports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Norway (X tonnes) was the main destination for corrugated paper exports from Finland, accounting for a X% share of total exports. Moreover, corrugated paper exports to Norway exceeded the volume sent to the second major destination, the Czech Republic (X tonnes), sevenfold. The third position in this ranking was occupied by Estonia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-X% per year) and Estonia (-X% per year).

In value terms, Norway ($X) emerged as the key foreign market for corrugated paper exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

The average corrugated paper export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price showed mild growth. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into Finland

In 2020, the amount of corrugated paper and paperboard imported into Finland skyrocketed to X tonnes, increasing by X% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, corrugated paper imports skyrocketed to $X in 2020. Overall, imports showed a noticeable increase. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tonnes), Sweden (X tonnes) and Poland (X tonnes) were the main suppliers of corrugated paper imports to Finland, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest corrugated paper suppliers to Finland were Sweden ($X), the UK ($X) and Poland ($X), together accounting for X% of total imports.

Poland (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of 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 2020, the average corrugated paper import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, corrugated paper import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for corrugated paper and paperboard in the world?

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The countries with the highest volumes of corrugated paper consumption in 2020 were China (7.4M tonnes), Italy (4.8M tonnes) and Japan (3.9M tonnes), with a combined 30% share of global consumption.

What are the largest producers of corrugated paper and paperboard in the world?

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The countries with the highest volumes of corrugated paper production in 2020 were China (7.4M tonnes), Italy (4.9M tonnes) and the U.S. (4.2M tonnes), with a combined 31% share of global production.

What are the leading suppliers of corrugated paper and paperboard to Finland?

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In value terms, the largest corrugated paper suppliers to Finland were Sweden ($2M), the UK ($1.2M) and Poland ($578K), together accounting for 77% of total imports.

What are the leading importers of corrugated paper and paperboard from Finland?

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In value terms, Norway ($31K) emerged as the key foreign market for corrugated paper exports from Finland, comprising 53% of total exports. The second position in the ranking was occupied by Russia ($5.6K), with a 9.5% share of total exports. It was followed by the Czech Republic, with a 6% share.

What is the average export price for corrugated paper and paperboard in Finland?

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In 2020, the average corrugated paper export price amounted to $1,952 per tonne, picking up by 97% against the previous year.

What is the average import price for corrugated paper and paperboard in Finland?

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In 2020, the average corrugated paper import price amounted to $1,828 per tonne, which is down by -11.5% against the previous year.