Finland: Market for Paper Sacks And Bags 2024

Market Size for Paper Sacks And Bags in Finland

In 2022, the Finnish paper sack and bag market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate perceptible growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Paper Sacks And Bags in Finland

In value terms, paper sack and bag production soared to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Paper Sacks And Bags

Exports from Finland

In 2022, paper sack and bag exports from Finland rose to X tons, picking up by X% compared with 2021. Overall, total exports indicated a perceptible expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, paper sack and bag exports declined modestly to $X in 2022. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for paper sack and bag exports from Finland, with a X% share of total exports. Moreover, paper sack and bag exports to Germany exceeded the volume sent to the second major destination, Estonia (X tons), twofold. Sweden (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Sweden (X% per year).

In value terms, Germany ($X) remains the key foreign market for paper sacks and bags exports from Finland, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Sweden (X% per year).

Export Prices by Country

The average paper sack and bag export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell modestly in the following year.

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 Australia ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper Sacks And Bags

Imports into Finland

In 2022, supplies from abroad of paper sacks and bags increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, total imports indicated noticeable growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, paper sack and bag imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of paper sack and bag imports to Finland, with a combined X% share of total imports. Estonia, Poland, the Netherlands, Italy and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest paper sack and bag suppliers to Finland were Sweden ($X), Denmark ($X) and Germany ($X), together accounting for X% of total imports. The Netherlands, Estonia, Italy, Poland and China lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper sack and bag import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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