Finland: Particle Board Market Overview 2021

Particle Board Market Size in Finland

In 2020, the Finnish particle board market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption showed a pronounced descent. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Particle Board Production in Finland

In value terms, particle board production shrank notably to $X in 2020 estimated in export prices. Overall, production recorded a deep contraction. The growth pace was the most rapid in 2010 when the production volume increased by X% against the previous year. Particle board production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Particle Board Exports

Exports from Finland

In 2020, particle board exports from Finland shrank slightly to X cubic meters, approximately mirroring the year before. Overall, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X cubic meters in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, particle board exports shrank notably to $X in 2020. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Sweden (X cubic meters), Estonia (X cubic meters) and Iceland (X cubic meters) were the main destinations of particle board exports from Finland, together accounting for X% of total exports. Norway, the UK and Poland lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced a decline.

In value terms, the largest markets for particle board exported from Finland were Sweden ($X), Estonia ($X) and Iceland ($X), together accounting for X% of total exports.

Estonia recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2020, declining by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per cubic meter in 2019, and then dropped rapidly in the following year.

Average prices varied noticeably for the major export markets. In 2020, the countries with the highest prices were Poland ($X per cubic meter) and the UK ($X per cubic meter), while the average price for exports to Estonia ($X per cubic meter) and Iceland ($X per cubic meter) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Particle Board Imports

Imports into Finland

In 2020, supplies from abroad of particle boards decreased by -X% to X cubic meters, falling for the second year in a row after four years of growth. Over the period under review, total imports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X cubic meters in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, particle board imports declined modestly to $X in 2020. Overall, total imports indicated a pronounced expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Latvia (X cubic meters), Estonia (X cubic meters) and Russia (X cubic meters) were the main suppliers of particle board imports to Finland, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Estonia ($X) and Russia ($X) constituted the largest particle board suppliers to Finland, together comprising X% of total imports.

In terms of the main suppliers, Russia (+X% per year) 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

In 2020, the average particle board import price amounted to $X per cubic meter, increasing by X% against the previous year. Overall, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Russia ($X per cubic meter), while the price for Estonia ($X per cubic meter) 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 mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for particle boards in the world?

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The country with the largest volume of particle board consumption was China (63M cubic meters), comprising approx. 37% of total volume. Moreover, particle board consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M cubic meters), threefold. The third position in this ranking was occupied by Russia (9.7M cubic meters), with a 5.7% share.

What are the largest producers of particle boards in the world?

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The country with the largest volume of particle board production was China (62M cubic meters), comprising approx. 38% of total volume. Moreover, particle board production in China exceeded the figures recorded by the second-largest producer, the U.S. (18M cubic meters), fourfold. Russia (10M cubic meters) ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of particle boards to Finland?

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In value terms, the largest particle board suppliers to Finland were Latvia ($12M), Estonia ($9.5M) and Russia ($6.1M), together accounting for 72% of total imports.

What are the leading importers of particle boards from Finland?

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In value terms, Sweden ($2.8M), Estonia ($2.6M) and Iceland ($838K) were the largest markets for particle board exported from Finland worldwide, together comprising 84% of total exports.

What is the average export price for particle boards in Finland?

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The average particle board export price stood at $305 per cubic meter in 2020, declining by -19.1% against the previous year.

What is the average import price for particle boards in Finland?

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The average particle board import price stood at $333 per cubic meter in 2020, growing by 10% against the previous year.