Finland: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Finland

The Finnish market for articles of cellulose fibre-cement, not containing asbestos rose slightly to $X in 2022, with an increase of 4.9% against the previous year. In general, consumption saw a strong expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in Finland

In value terms, production of articles of cellulose fibre-cement, not containing asbestos reached $X in 2022 estimated in export price. Overall, production saw a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of 50%. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from Finland

In 2022, the amount of articles of cellulose fibre-cement, not containing asbestos exported from Finland fell remarkably to X kg, waning by -55.8% on 2021 figures. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 6,207%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos declined markedly to $X in 2022. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 8,948%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Lithuania (X kg), Australia (X kg) and South Africa (X kg) were the main destinations of exports of articles of cellulose fibre-cement, not containing asbestos from Finland, together accounting for 96% of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +400.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X) emerged as the key foreign market for articles of cellulose fibre-cement, not containing asbestos exports from Finland, comprising 56% of total exports. The second position in the ranking was taken by South Africa ($X), with a 20% share of total exports. It was followed by Australia, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Lithuania stood at -39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+341.7% per year) and Australia (-86.9% per year).

Export Prices by Country

The average export price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, declining by -61.7% against the previous year. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 746% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+41.8%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into Finland

In 2022, approx. X tons of articles of cellulose fibre-cement, not containing asbestos were imported into Finland; increasing by 358% on 2021 figures. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,683%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos soared to $X in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 372% against the previous year. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of articles of cellulose fibre-cement, not containing asbestos to Finland, accounting for a 97% share of total imports. It was followed by Sweden (X kg), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +181.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+8.5% per year) and Vietnam (-49.1% per year).

In value terms, China ($X) constituted the largest supplier of articles of cellulose fibre-cement, not containing asbestos to Finland, comprising 87% of total imports. The second position in the ranking was held by Sweden ($X), with a 1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +122.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-19.7% per year) and Vietnam (-40.7% per year).

Import Prices by Country

The average import price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, which is down by -18% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the average import price increased by 372%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :