Key Market Indicators
Demand for paperboard in Faroe Islands is forecast to decrease by 6.4% year on year CAGR in the next five years. In 2021, the country had 660 metric tons of imports - 12.1% lower than in 1997. That year, Faroe Islands ranked 175th in the world, overtaken by Central African Republic with 898 metric tons. Germany, USA, and Italy came in numbers 2, 3 and 4 in this ranking. Supply of paperboard from Faroe Islands, meanwhile, is set to increase by 5% year on year CAGR in the next five years. In 2021, the country had 1,790 metric tons of exports - 42.9% higher than in 1998. That year, Faroe Islands ranked 101st in the world, overtaken by Ghana with 1,790 metric tons. The United States, Sweden and Finland respectively came in numbers 2, 3 and 4 in this ranking.
