Finland: Extruded Rod Market 2022

Extruded Rod Market Size in Finland

After two years of decline, the Finnish extruded rod market increased by X% to $X in 2021. Over the period under review, consumption recorded a abrupt decrease. Extruded rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Finland

In value terms, extruded rod production dropped to $X in 2021 estimated in export price. In general, production recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports from Finland

In 2021, overseas shipments of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, extruded rod exports soared to $X in 2021. In general, exports, however, showed a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Estonia (X tons), Norway (X tons) and Romania (X kg) were the main destinations of extruded rod exports from Finland, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X) remains the key foreign market for extruded rod exports from Finland, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by Romania, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Estonia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and Romania (+X% per year).

Export Prices by Country

In 2021, the average extruded rod export price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Norway ($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 the Philippines (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Extruded Rod Imports

Imports into Finland

In 2021, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber decreased by -X% to X tons, falling for the third year in a row after three years of growth. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, extruded rod imports rose remarkably to $X in 2021. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of extruded rod to Finland, accounting for a X% share of total imports. Moreover, extruded rod imports from Sweden exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Italy (+X% per year).

In value terms, Sweden ($X) constituted the largest supplier of extruded rod to Finland, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with an X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Sweden stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2021, the average extruded rod import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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