Finland: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Finland

For the third consecutive year, the Finnish oriented strandboard (OSB) market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed a significant increase. Oriented strandboard (OSB) consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Oriented Strandboard (Osb) Production in Finland

In value terms, oriented strandboard (OSB) production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Oriented strandboard (OSB) production peaked in 2022 and is expected to retain growth in the immediate term.

Oriented Strandboard (Osb) Exports

Exports from Finland

In 2022, overseas shipments of oriented strandboard (OSB) were finally on the rise to reach X cubic meters for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, oriented strandboard (OSB) exports surged to $X in 2022. Overall, exports saw a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X cubic meters), Russia (X cubic meters) and Norway (X cubic meters) were the main destinations of oriented strandboard (OSB) exports from Finland, together comprising X% of total exports.

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

In value terms, Sweden ($X) emerged as the key foreign market for oriented strandboard (OSB) exports from Finland, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value 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 Russia (X% per year).

Export Prices by Country

The average oriented strandboard (OSB) export price stood at $X per cubic meter in 2022, reducing by X% against the previous year. Overall, the export price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per cubic meter. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Russia ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

Oriented Strandboard (Osb) Imports

Imports into Finland

In 2022, the amount of oriented strandboard (OSB) imported into Finland skyrocketed to X cubic meters, picking up by X% against the previous year's figure. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, oriented strandboard (OSB) imports rose notably to $X in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Latvia (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to Finland, accounting for a X% share of total imports. Moreover, oriented strandboard (OSB) imports from Latvia exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), threefold. Russia (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Russia (X% per year).

In value terms, Latvia ($X) constituted the largest supplier of oriented strandboard (OSB) to Finland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Latvia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, falling by X% against the previous year. Overall, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oriented strandboard (OSB) import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per cubic meter, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($X per cubic meter) and Germany ($X per cubic meter), while the price for Russia ($X per cubic meter) and Estonia ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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