Market research

Fibreboard market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The fibreboard market in Finland, measured in value terms, experienced significant fluctuations between 2018 and 2024. After starting at nearly 80 million USD in 2018, the market contracted sharply to 67.4 million USD in 2019. It then recovered over the next two years, reaching a peak of 87.4 million USD in 2021. Following this high, the market value stabilized in 2022 before entering a period of substantial decline in 2023 and 2024.

The downturn in 2024, which saw the market shrink to 60.4 million USD, was influenced by specific industry challenges. The Finnish construction sector, a key consumer of fibreboard, declined by 8.4% that year, reducing demand for building materials. Simultaneously, Nordic Fibreboard AS, a significant player, faced a forced shutdown of its production facility in December due to weather-related structural damage, constricting supply during the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. In kind, 2021-2024, K m²
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K m²
  2. 5.2.2. In value, 2018-2024, K $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, m³
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fibreboard in Finland

In value, 2017-2020, K $ US

In 2020, Finland's fibreboard production was valued at 34 043 K $ US, marking a 7.6% year-over-year increase. From 2017 to 2020, production grew by 29.1%, which translates to an annualized growth rate of 8.9%. The highest production value was recorded in 2018 at 36 321 K $ US, with the largest annual increase of 37.7% also occurring that year. In contrast, 2019 saw the most significant decline, with production dropping by 12.9%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	37.7%	(12.9%)	7.6%	8.9%

Source: SHEV.io

Exports fibreboard from Finland

Exports in kind, K m³

In 2020, Finland's fibreboard export volume reached 41.0 K m³, showing a 12.7% year-over-year increase. However, from 2017 to 2020, exports overall decreased by 11%, averaging an annual decline of 3.8%. The peak export volume was in 2018 at 46.2 K m³, while the lowest was in 2019 at 36.4 K m³. The largest annual decline occurred in 2019, with a drop of 21.4%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.5%	(21.4%)	12.7%	(3.8%)

Source: SHEV.io

Between 2017 and 2020, Sweden, the United Kingdom, and the Netherlands were the primary markets for Finland's fibreboard exports in volume terms. Sweden accounted for 48.8% of exports, the United Kingdom for 19.6%, and the Netherlands for 7.0%. Together, these three countries represented 75.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Finland's fibreboard exports in value terms declined for the second consecutive year. In 2020, exports amounted to 18 929 K $ US, down by 2.4% compared to the previous year. The highest value was recorded in 2018 at 20 612 K $ US, which also saw the largest annual increase of 9.3%. The most significant decline occurred in 2019, with a drop of 6.0%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.3%	(6.0%)	(2.4%)	0.1%

Source: SHEV.io

From 2017 to 2020, Sweden, the United Kingdom, and the Netherlands were the leading destinations for Finland's fibreboard exports in value terms. Sweden contributed 45.5% of export value, the United Kingdom 24.7%, and the Netherlands 6.8%. Collectively, these three markets accounted for 77.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in value, 2017-2020

Source: SHEV.io

Imports fibreboard to Finland

Imports in kind, K m³

Finland's fibreboard imports in volume terms declined for the second year in a row. In 2020, imports totaled 97.8 K m³, reflecting a 22.9% decrease year-over-year. Over the period from 2017 to 2020, imports fell by 36.7%, with an annualized decline rate of 14.2%. The peak import volume was in 2018 at 186.3 K m³, which also experienced the largest annual increase of 20.5%. The most substantial decline occurred in 2019, with a drop of 31.9%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.5%	(31.9%)	(22.9%)	(14.2%)

Source: SHEV.io

During 2017–2020, Germany, Poland, and Estonia were the key sources for Finland's fibreboard imports in volume terms. Germany supplied 30.6% of imports, Poland 18.4%, and Estonia 17.4%. Together, these three countries made up 66.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Finland imported fibreboard worth 56 720 K $ US, representing a 2.8% increase compared to 2019. However, from 2017 to 2020, imports overall decreased by 7.4%, with a compound annual growth rate of -2.5%. The lowest import value was in 2019 at 55 181 K $ US, while the highest was in 2018 at 64 283 K $ US. The largest annual decline occurred in 2019, with a drop of 14.2%, whereas 2018 saw the biggest increase of 4.9%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.9%	(14.2%)	2.8%	(2.5%)

Source: SHEV.io

Over the 2017–2020 period, Germany, Poland, and Belgium were the top suppliers of fibreboard to Finland in value terms. Germany accounted for 41.3% of import value, Poland for 15.8%, and Belgium for 10.9%. Combined, these three countries represented 67.9% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in value, 2017-2020

Source: SHEV.io