Report Update Nov 1, 2024

Finland - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Aramids Staple Market 2024

Aramids Staple Market Size in Finland

The Finnish aramids staple market rose significantly to $X in 2021, with an increase of 12% 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 recorded a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Aramids Staple Exports

Exports from Finland

Aramids staple exports from Finland surged to X kg in 2021, growing by 59% against 2020 figures. Over the period under review, exports recorded a measured expansion. The pace of growth was the most pronounced in 2014 when exports increased by 163%. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, aramids staple exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a mild setback. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X kg) was the main destination for aramids staple exports from Finland, with a 89% share of total exports. Moreover, aramids staple exports to Russia exceeded the volume sent to the second major destination, India (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and China (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for aramids staple exports from Finland, comprising 65% of total exports. The second position in the ranking was taken by Russia ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+14.9% per year) and India (0.0% per year).

Export Prices by Country

The average aramids staple export price stood at $X per ton in 2021, with an increase of 140% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. 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 China ($X per ton), while the average price for exports to Russia ($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 China (+337.3%), while the prices for the other major destinations experienced mixed trend patterns.

Aramids Staple Imports

Imports into Finland

Aramids staple imports into Finland surged to X tons in 2021, growing by 24% on 2020. In general, imports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2019 with an increase of 111% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, aramids staple imports expanded remarkably to $X in 2021. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by 137%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest aramids staple supplier to Finland, with a 72% share of total imports. Moreover, aramids staple imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +4.8%.

In value terms, the United States ($X) constituted the largest supplier of aramids staple to Finland, comprising 79% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +11.2%.

Import Prices by Country

The average aramids staple import price stood at $X per ton in 2021, with a decrease of -11.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2019 an increase of 12% against the previous year. The import price peaked at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of aramids staple consumption in 2020 were China, Japan and Spain, together accounting for 34% of global consumption. These countries were followed by Belgium, Germany, Turkey, Italy, the Netherlands, Pakistan, India, the United States, Taiwan Chinese) and South Korea, which together accounted for a further 48%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of aramids staple production in 2020 were Spain, South Korea and Thailand, with a combined 69% share of global production. France, Japan, Slovakia and the United States lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of aramids staple to Finland?

In value terms, the United States constituted the largest supplier of aramids staple to Finland, comprising 84% of total imports. The second position in the ranking was occupied by Germany, with a 16% share of total imports.

What are the leading importers of aramids staple from Finland?

In value terms, Russia $189) remains the key foreign market for aramids staple exports from Finland, comprising 94% of total exports. The second position in the ranking was occupied by South Korea $12), with a 6% share of total exports.

What is the average export price for aramids staple in Finland?

The average aramids staple export price stood at $28,435 per ton in 2020, rising by 151% against the previous year.

What is the average import price for aramids staple in Finland?

In 2020, the average aramids staple import price amounted to $7,419 per ton, surging by 11% against the previous year.

This report provides an in-depth analysis of the aramids staple market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023