Finland: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2024

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Finland

The Finnish market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, recorded a perceptible downturn. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in Finland

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. Production of peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports from Finland

In 2022, shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -78.2% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 23,933% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then contracted dramatically in the following year.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof shrank notably to $X in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 15,573% against the previous year. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof from Finland, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +76.2%.

In value terms, Russia ($X) also remains the key foreign market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof exports from Finland.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +38.9%.

Export Prices by Country

In 2022, the average export price for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 88% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -21.2% per year.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports into Finland

In 2022, supplies from abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 19% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. Over the period under review, imports of hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof totaled $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 44%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof to Finland, with a combined 89% share of total imports. The UK, Spain and the United States lagged somewhat behind, together comprising a further 9.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +118.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Belgium ($X) and Germany ($X) constituted the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines suppliers to Finland, together accounting for 85% of total imports. The UK, the United States and Spain lagged somewhat behind, together comprising a further 14%.

Spain, with a CAGR of +114.1%, 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 cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof stood at $X per ton in 2022, dropping by -10.1% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by +60.7% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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 the United States ($X per ton), while the price for Spain ($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 (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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