Finland: Photographic Paper Market 2024

Photographic Paper Market Size in Finland

The Finnish photographic paper market fell to $X in 2021, shrinking by -4.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the market value increased by 3.4% against the previous year. Photographic paper consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Photographic Paper Exports

Exports from Finland

In 2021, after two years of growth, there was significant decline in shipments abroad of photographic paper, paperboard and textiles, when their volume decreased by -60.4% to X square meters. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2015 when exports increased by 10,745% against the previous year. The exports peaked at X square meters in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports shrank remarkably to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by 5,935%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X square meters) was the main destination for photographic paper exports from Finland, accounting for a 81% share of total exports. Moreover, photographic paper exports to Estonia exceeded the volume sent to the second major destination, the United States (X square meters), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia stood at -31.1%.

In value terms, Estonia ($X) remains the key foreign market for photographic paper, paperboard and textiles exports from Finland, comprising 81% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Estonia stood at -25.7%.

Export Prices by Country

In 2021, the average photographic paper export price amounted to $X per square meter, reducing by -36.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 140%. Over the period under review, the average export prices hit record highs at $X per square meter in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Estonia totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.8%).

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Photographic Paper Imports

Imports into Finland

In 2021, overseas purchases of photographic paper, paperboard and textiles were finally on the rise to reach X square meters after eight years of decline. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic paper imports reduced to $X in 2021. Over the period under review, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2013 when imports increased by 0.6% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X square meters) constituted the largest photographic paper supplier to Finland, accounting for a 88% share of total imports. Moreover, photographic paper imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to -13.8%.

In value terms, the Netherlands ($X) constituted the largest supplier of photographic paper, paperboard and textiles to Finland, comprising 83% of total imports. The second position in the ranking was held by Sweden ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+25.9% per year) and the UK (-69.1% per year).

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, waning by -14.4% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, photographic paper import price increased by +56.0% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 38% against the previous year. Over the period under review, average import prices reached the peak figure at $X per square meter in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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