Finland: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Finland

The Finnish chain scoops and sliders market reduced to $X in 2022, which is down by -8.8% against the previous year. Over the period under review, consumption, however, saw a perceptible expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Finland

In value terms, chain scoops and sliders production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2019 with an increase of 66% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Finland

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips exported from Finland declined slightly to X kg, with a decrease of -2.1% compared with the previous year. Overall, exports recorded a perceptible slump. The growth pace was the most rapid in 2016 with an increase of 292%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, chain scoops and sliders exports fell sharply to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 222% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) was the main destination for chain scoops and sliders exports from Finland, with a 68% share of total exports. Moreover, chain scoops and sliders exports to Belgium exceeded the volume sent to the second major destination, Estonia (X kg), sixfold. Latvia (X kg) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium amounted to -20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-3.9% per year) and Latvia (+19.2% per year).

In value terms, Belgium ($X) remains the key foreign market for chain scoops, sliders, runners, end pieces and narrow strips exports from Finland, comprising 52% of total exports. The second position in the ranking was held by Estonia ($X), with a 26% share of total exports. It was followed by Latvia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at -41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-1.2% per year) and Latvia (+9.5% per year).

Export Prices by Country

In 2022, the average chain scoops and sliders export price amounted to $X per ton, waning by -22.8% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 43%. Over the period under review, the average export prices reached 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 Estonia ($X per ton), while the average price for exports to Romania ($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 Estonia (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Finland

For the third year in a row, Finland recorded decline in supplies from abroad of chain scoops, sliders, runners, end pieces and narrow strips, which decreased by -0.1% to X tons in 2022. In general, imports continue to indicate a slight contraction. The growth pace was the most rapid in 2019 when imports increased by 18%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, chain scoops and sliders imports reached $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 21%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Estonia (X tons), Indonesia (X tons) and Belgium (X tons) were the main suppliers of chain scoops and sliders imports to Finland, with a combined 77% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +15.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Belgium ($X) and Indonesia ($X) constituted the largest chain scoops and sliders suppliers to Finland, together comprising 59% of total imports.

Among the main suppliers, Estonia, with a CAGR of +12.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chain scoops and sliders import price stood at $X per ton in 2022, surging by 9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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