Finland: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Finland

The Finnish market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2021, picking up by 57% 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). Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from Finland

After two years of growth, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -85.2% to X kg in 2021. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,481%. As a result, the exports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals fell notably to $X in 2021. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 828% against the previous year. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

Norway (X kg) was the main destination for exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Finland, accounting for a 85% share of total exports. Moreover, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to Norway exceeded the volume sent to the second major destination, Saudi Arabia (X kg), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to +257.4%.

In value terms, the largest markets for chlorides and phosphorus oxychloride and halides exported from Finland were Saudi Arabia ($X) and Norway ($X).

Norway, with a CAGR of +268.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, growing by 39% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2018 an increase of 98%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Norway totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+14.9%).

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into Finland

In 2021, purchases abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals was finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals skyrocketed to $X in 2021. In general, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.3% against 2017 indices. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to Finland, accounting for a 72% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Switzerland amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.6% per year) and India (-21.9% per year).

In value terms, Switzerland ($X), Germany ($X) and India ($X) constituted the largest chlorides and phosphorus oxychloride and halides suppliers to Finland, together accounting for 91% of total imports.

Among the main suppliers, Germany, with a CAGR of +7.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, dropping by -3.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2020 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped slightly 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 Germany ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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