Finland: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Finland

The Finnish market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa surged to $X in 2021, with an increase of 39% against the previous year. Over the period under review, consumption posted a perceptible expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Finland

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa soared to $X in 2021 estimated in export price. In general, production enjoyed strong growth. The growth pace was the most rapid in 2014 when the production volume increased by 103%. Production of peaked in 2021 and is likely to see steady growth in the immediate term.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Finland

For the third year in a row, Finland recorded decline in shipments abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, which decreased by -11.1% to X tons in 2021. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 97% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa skyrocketed to $X in 2021. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 50% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Russia (X tons) and Estonia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Finland, together comprising 76% of total exports. These countries were followed by the Netherlands, Germany, Poland, the United States, Norway and the UK, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +49.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Finland were Russia ($X), Germany ($X) and Sweden ($X), with a combined 47% share of total exports. These countries were followed by the Netherlands, the United States, Estonia, Poland, the UK and Norway, which together accounted for a further 31%.

Among the main countries of destination, the Netherlands, with a CAGR of +52.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, surging by 43% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by +52.9% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Estonia ($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 UK (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Finland

In 2021, approx. X tons of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa were imported into Finland; with a decrease of -2.6% compared with the previous year. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 46% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Finland, accounting for a 48% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Sweden exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.4% per year) and Poland (+24.7% per year).

In value terms, Sweden ($X), Italy ($X) and Belgium ($X) appeared to be the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa suppliers to Finland, together comprising 66% of total imports. Germany, the Czech Republic, Estonia, Spain, Poland and Denmark lagged somewhat behind, together accounting for a further 22%.

Among the main suppliers, the Czech Republic, with a CAGR of +65.0%, recorded the highest rates of growth with regard to 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

In 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, increasing by 14% against the previous year. Overall, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of 32%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, 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 Czech Republic ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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