Finland: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Finland

The Finnish anti-freezing preparations market expanded rapidly to $X in 2021, rising by 6.5% against the previous year. Over the period under review, consumption, however, showed a notable expansion. Anti-freezing preparations consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Anti-Freezing Preparations Production in Finland

In value terms, anti-freezing preparations production dropped markedly to $X in 2021 estimated in export price. Over the period under review, production, however, posted modest growth. The most prominent rate of growth was recorded in 2015 with an increase of 112% against the previous year. Anti-freezing preparations production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Anti-Freezing Preparations Exports

Exports from Finland

In 2021, overseas shipments of anti-freezing preparations and prepared de-icing fluids increased by 28% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by 58%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, anti-freezing preparations exports surged to $X in 2021. Overall, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Latvia (X tons), Lithuania (X tons) and Estonia (X tons) were the main destinations of anti-freezing preparations exports from Finland, with a combined 65% share of total exports. Sweden, Russia, Belgium and Ukraine lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +27.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Lithuania ($X) and Russia ($X) were the largest markets for anti-freezing preparations exported from Finland worldwide, with a combined 67% share of total exports. Estonia, Sweden, Belgium and Ukraine lagged somewhat behind, together accounting for a further 25%.

Belgium, with a CAGR of +24.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average anti-freezing preparations export price stood at $X per ton in 2021, jumping by 46% against the previous year. In general, the export price, however, saw a pronounced decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Latvia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into Finland

Anti-freezing preparations imports into Finland soared to X tons in 2021, with an increase of 19% compared with 2020. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 21% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, anti-freezing preparations imports soared to $X in 2021. Over the period under review, imports, however, showed a slight curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Estonia (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of anti-freezing preparations imports to Finland, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +14.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Germany ($X) and Belgium ($X) appeared to be the largest anti-freezing preparations suppliers to Finland, with a combined 70% share of total imports. These countries were followed by Sweden, the UK, the Netherlands and China, which together accounted for a further 26%.

Sweden, with a CAGR of +8.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, jumping by 19% against the previous year. Overall, the import price, however, showed a perceptible contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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