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Deliveries
The low demand that began already in 2001 continued throughout 2002. Deliveries of paper and board increased by 2%. The low order level, due to the soft economy, was matched by production curtailments to avoid excessive inventories; total curtailments were 1 257 000 (1 540 000) tonnes, equal to about 8% of total capacity. Timber product deliveries increased by 5% compared to the previous year.
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 70% (69%) of sales; the North American market represents 19% (20%) and Asia Pacific 8% (7%).
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