Scandinavia: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in Scandinavia

In 2022, the Scandinavia primary fiber crops market decreased by X% to $X, falling for the third year in a row after four years of growth. Over the period under review, consumption, however, recorded a pronounced increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Primary Fiber Crops Production in Scandinavia

In value terms, primary fiber crops production surged to $X in 2022 estimated in export price. In general, production showed strong growth. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Primary Fiber Crops Exports

Exports in Scandinavia

In 2022, the amount of fiber crops (primary) exported in Scandinavia soared to X tons, rising by X% against 2021 figures. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, primary fiber crops exports soared to $X in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Sweden dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Norway (X tons), creating a X% share of total exports.

Sweden was also the fastest-growing in terms of the fiber crops (primary) exports, with a CAGR of X% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Norway saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest primary fiber crops supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Sweden, primary fiber crops exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, continues to indicate a notable increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%).

Primary Fiber Crops Imports

Imports in Scandinavia

After seven years of growth, overseas purchases of fiber crops (primary) decreased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, primary fiber crops imports contracted sharply to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value 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 decreased by X% against 2020 indices. 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 peak figure at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, Norway (X tons) and Finland (X tons) were the largest importers of fiber crops (primary) in Scandinavia, together mixing up X% of total imports. It was distantly followed by Sweden (X tons), creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest primary fiber crops importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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