Finland: Veneer Sheet Market 2024

Veneer Sheet Market Size in Finland

In 2022, the Finnish veneer sheet market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Veneer Sheet Production in Finland

In value terms, veneer sheet production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Veneer sheet production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Veneer Sheet Exports

Exports from Finland

For the eleventh year in a row, Finland recorded growth in overseas shipments of veneer sheets and sheets for plywood and other wood sawn lengthwise, which increased by X% to X square meters in 2022. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, veneer sheet exports rose to $X in 2022. Over the period under review, exports posted a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Latvia (X square meters) was the main destination for veneer sheet exports from Finland, accounting for a X% share of total exports. Moreover, veneer sheet exports to Latvia exceeded the volume sent to the second major destination, Estonia (X square meters), twofold. Sweden (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia 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, Estonia ($X), Latvia ($X) and Sweden ($X) constituted the largest markets for veneer sheet exported from Finland worldwide, with a combined X% share of total exports.

Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average veneer sheet export price amounted to $X per square meter, shrinking by X% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Latvia ($X per square 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 more modest paces of growth.

Veneer Sheet Imports

Imports into Finland

In 2022, overseas purchases of veneer sheets and sheets for plywood and other wood sawn lengthwise increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, veneer sheet imports surged to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Estonia (X square meters), Italy (X square meters) and France (X square meters) were the main suppliers of veneer sheet imports to Finland, with a combined X% share of total imports.

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

In value terms, the largest veneer sheet suppliers to Finland were Estonia ($X), Italy ($X) and Germany ($X), together comprising X% of total imports. Austria, France, Latvia and Russia lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the average veneer sheet import price amounted to $X per square meter, jumping by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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