Finland: Photographic Paper Market 2022

Photographic Paper Market Size in Finland

After three years of decline, the Finnish photographic paper market increased by 0.2% to $X in 2021. In general, consumption, however, faced a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 4%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Paper Exports

Exports from Finland

In 2021, shipments abroad of photographic paper, paperboard and textiles decreased by -79.2% to X square meters for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 10,745% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, photographic paper exports shrank rapidly to $X in 2021. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 5,935%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X square meters) was the main destination for photographic paper exports from Finland, with a 97% share of total exports. It was followed by the United States (X square meters), with a 1.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to -23.4%.

In value terms, Estonia ($X) remains the key foreign market for photographic paper exports from Finland, comprising 81% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia amounted to -25.7%.

Export Prices by Country

In 2021, the average photographic paper export price amounted to $X per square meter, picking up by 21% against the previous year. In general, the export price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 161%. As a result, the export price reached the peak level of $X per square meter. From 2019 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per square meter), while the average price for exports to Estonia amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+4.1%), while the prices for the other major destinations experienced a decline.

Photographic Paper Imports

Imports into Finland

For the ninth year in a row, Finland recorded decline in overseas purchases of photographic paper, paperboard and textiles, which decreased by -5.7% to X square meters in 2021. Overall, imports recorded a abrupt downturn. The smallest decline of -2.7% was in 2015. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photographic paper imports fell to $X in 2021. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 0.6%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest photographic paper supplier to Finland, accounting for a 88% share of total imports. Moreover, photographic paper imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at -11.5%.

In value terms, the Netherlands ($X) constituted the largest supplier of photographic paper to Finland, comprising 83% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+25.9% per year) and the UK (-69.1% per year).

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, which is down by -5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 15%. Over the period under review, average import prices attained the maximum at $X per square meter in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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