Finland: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Finland

The Finnish market for ceramic wares for laboratory or technical uses surged to $X in 2022, growing by 20% against the previous year. Overall, consumption, however, saw a slight reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Ceramic Wares For Laboratory Or Technical Uses in Finland

In value terms, production of ceramic wares for laboratory or technical uses dropped to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 14%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Finland

In 2022, overseas shipments of ceramic wares for laboratory or technical uses increased by 27% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, exports recorded perceptible growth. The pace of growth was the most pronounced in 2015 with an increase of 177% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ceramic wares for laboratory or technical uses dropped to $X in 2022. Overall, exports showed a slight expansion. The growth pace was the most rapid in 2015 with an increase of 138% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons), Chile (X tons) and Russia (X tons) were the main destinations of exports of ceramic wares for laboratory or technical uses from Finland, with a combined 84% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +1,703.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the key foreign market for ceramic wares for laboratory or technical uses exports from Finland, comprising 61% of total exports. The second position in the ranking was held by India ($X), with an 8% share of total exports. It was followed by Russia, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Chile totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+1,348.5% per year) and Russia (-8.8% per year).

Export Prices by Country

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, falling by -23.5% against the previous year. Over the period under review, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2021 an increase of 33%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Chile ($X per ton), while the average price for exports to India ($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 Iran (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Finland

In 2022, imports of ceramic wares for laboratory or technical uses into Finland expanded notably to X tons, surging by 8.1% compared with 2021 figures. Overall, imports, however, saw a noticeable decrease. The growth pace was the most rapid in 2015 when imports increased by 47% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of ceramic wares for laboratory or technical uses soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of imports of ceramic wares for laboratory or technical uses to Finland, with a combined 76% share of total imports. The United States, France and the Czech Republic lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +87.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest ceramic wares for laboratory or technical uses suppliers to Finland, together comprising 72% of total imports. The Czech Republic, South Korea and France lagged somewhat behind, together comprising a further 13%.

France, with a CAGR of +56.8%, recorded the highest growth rate of the value of imports, among 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 import price for ceramic wares for laboratory or technical uses stood at $X per ton in 2022, increasing by 21% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ceramic wares for laboratory or technical uses increased by +72.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 43%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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