Scandinavia: Paperboard Case Material Market 2024

Paperboard Case Material Market Size in Scandinavia

In 2022, the Scandinavia paperboard case material market increased by 48% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a noticeable contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Paperboard Case Material Production in Scandinavia

In value terms, paperboard case material production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Paperboard Case Material Exports

Exports in Scandinavia

After two years of growth, shipments abroad of paperboard case materials decreased by -1.9% to X tons in 2022. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 11%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, paperboard case material exports rose markedly to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Sweden was the main exporter of paperboard case materials in Scandinavia, with the volume of exports resulting at X tons, which was approx. 61% of total exports in 2022. It was distantly followed by Finland (X tons), constituting a 38% share of total exports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +8.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) constituted the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Finland, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with an increase of 7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 21%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Paperboard Case Material Imports

Imports in Scandinavia

In 2022, paperboard case material imports in Scandinavia dropped to X tons, which is down by -9.9% on 2021. Over the period under review, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.6% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, paperboard case material imports reached $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 36%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X tons) represented the main importer of paperboard case materials, mixing up 51% of total imports. Finland (X tons) ranks second in terms of the total imports with a 25% share, followed by Norway (24%).

From 2012 to 2022, average annual rates of growth with regard to paperboard case material imports into Sweden stood at -2.3%. At the same time, Norway (+3.9%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +3.9% from 2012-2022. By contrast, Finland (-4.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway increased by +11 percentage points.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

Norway, with a CAGR of +6.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, rising by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2021 when the import price increased by 25%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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