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The slowdown in demand that had already started by the fourth quarter of 2000 continued throughout 2001. Deliveries of paper and board decreased by 1%. Lower orders, due to the economic slowdown, were matched by production curtailments to avoid excessive inventories; total curtailments were 1 540 000 tonnes, equal to 10% of total capacity. Timber product deliveries remained at the previous year's level.
The table Deliveries by Product Area sets out Group deliveries, but to achieve compatibility between the years, the following adjustments for Consolidated Papers pre-acquisition deliveries should be added to the figures shown for 2000; an increase of 797 000 tonnes in magazine paper, 492 000 tonnes in fine paper and 20 000 tonnes in packaging boards.
Stora Enso´s marketing is global though the home market is Europe, which accounts for 69% (76%) of sales; the North American market represents 20% (12%) and Asia Pacific 7% (8%).
Deliveries by Product Area
Deliveries by Product Area, per Quarter
Sales by Country
Sales by Product Area, per Quarter
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