Scandinavia: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Scandinavia

The Scandinavia wood-based panels market stood at $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Wood-Based Panels Production in Scandinavia

In value terms, wood-based panels production shrank to $X in 2022 estimated in export price. Over the period under review, production showed a mild shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Wood-Based Panels Exports

Exports in Scandinavia

After two years of growth, overseas shipments of wood-based panels decreased by X% to X cubic meters in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked at X cubic meters in 2021, and then contracted markedly in the following year.

In value terms, wood-based panels exports fell to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Finland represented the main exporter of wood-based panels in Scandinavia, with the volume of exports amounting to X cubic meters, which was near X% of total exports in 2022. Norway (X cubic meters) held the second position in the ranking, followed by Sweden (X cubic meters). All these countries together took near X% share of total exports.

Finland experienced a relatively flat trend pattern with regard to volume of exports of wood-based panels. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) remains the largest wood-based panels supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Finland, wood-based panels exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per cubic meter in 2022, increasing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per cubic meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per cubic meter), while Norway ($X per cubic meter) 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 a decline in the export price figures.

Wood-Based Panels Imports

Imports in Scandinavia

After two years of growth, overseas purchases of wood-based panels decreased by X% to X cubic meters in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports hit record highs at X cubic meters in 2021, and then shrank in the following year.

In value terms, wood-based panels imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

Sweden was the key importer of wood-based panels in Scandinavia, with the volume of imports amounting to X cubic meters, which was near X% of total imports in 2022. Finland (X cubic meters) ranks second in terms of the total imports with an X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the wood-based panels imports, with a CAGR of X% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Finland (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported wood-based panels in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, wood-based panels imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per cubic meter), while Sweden ($X per cubic meter) 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 more modest paces of growth.

Source: IndexBox Platform

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