Finland: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Finland

After three years of decline, the Finnish ceramic household article market increased by 64% to $X in 2021. Overall, consumption, however, saw a relatively flat trend pattern. Ceramic household article consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Ceramic Household Article Production in Finland

In value terms, ceramic household article production declined to $X in 2021 estimated in export price. Over the period under review, production recorded a dramatic setback. The growth pace was the most rapid in 2014 when the production volume increased by 35% against the previous year. Ceramic household article production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ceramic Household Article Exports

Exports from Finland

In 2021, overseas shipments of ceramic household articles and toilet articles increased by 22% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ceramic household article exports soared to $X in 2021. Over the period under review, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for ceramic household article exports from Finland, accounting for a 52% share of total exports. Moreover, ceramic household article exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), sixfold. Estonia (X tons) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+7.7% per year) and Estonia (+7.3% per year).

In value terms, Sweden ($X) remains the key foreign market for ceramic household articles and toilet articles exports from Finland, comprising 37% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 9.3% share of total exports. It was followed by Estonia, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+28.4% per year) and Estonia (+18.1% per year).

Export Prices by Country

In 2021, the average ceramic household article export price amounted to $X per ton, with an increase of 8.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 19%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Sweden ($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 Estonia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ceramic Household Article Imports

Imports into Finland

In 2021, supplies from abroad of ceramic household articles and toilet articles increased by 42% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ceramic household article imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tons) constituted the largest ceramic household article supplier to Finland, with a 40% share of total imports. Moreover, ceramic household article imports from Thailand exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. Romania (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+6.9% per year) and Romania (+19.7% per year).

In value terms, Thailand ($X) constituted the largest supplier of ceramic household articles and toilet articles to Finland, comprising 50% of total imports. The second position in the ranking was held by Indonesia ($X), with a 15% share of total imports. It was followed by Romania, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Thailand amounted to +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+8.9% per year) and Romania (+25.1% per year).

Import Prices by Country

The average ceramic household article import price stood at $X per ton in 2021, rising by 4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the average import price increased by 9.4%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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