Finland: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Finland

The Finnish market for flexible tubes, pipes and hoses of plastics, with fittings surged to $X in 2022, jumping by 38% against the previous year. In general, consumption, however, saw a perceptible decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Finland

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11,136%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports from Finland

In 2022, exports of flexible tubes, pipes and hoses of plastics, with fittings from Finland dropped slightly to X tons, which is down by -3.1% against 2021. Over the period under review, exports recorded a perceptible contraction. The growth pace was the most rapid in 2017 when exports increased by 91%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings fell to $X in 2022. Overall, exports recorded a noticeable downturn. The growth pace was the most rapid in 2017 when exports increased by 135% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Russia (X tons) and Germany (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with fittings from Finland, with a combined 54% share of total exports. Estonia, Spain, the UK, Sweden, Norway, the United States, France and South Africa lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +48.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, with fittings exported from Finland were Germany ($X), China ($X) and the United States ($X), together comprising 48% of total exports. Russia, Estonia, the UK, Sweden, Norway, France, Spain and South Africa lagged somewhat behind, together comprising a further 25%.

Among the main countries of destination, the UK, with a CAGR of +38.2%, saw 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

In 2022, the average export price for flexible tubes, pipes and hoses of plastics, with fittings amounted to $X per ton, shrinking by -6.5% against the previous year. Overall, the export price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2015 an increase of 110% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 France (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports into Finland

In 2022, imports of flexible tubes, pipes and hoses of plastics, with fittings into Finland surged to X tons, growing by 38% against 2021. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by 46%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings skyrocketed to $X in 2022. In general, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by 81%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with fittings supplier to Finland, accounting for a 51% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with fittings from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and Italy (+41.6% per year).

In value terms, China ($X), Germany ($X) and the UK ($X) were the largest flexible tubes, pipes and hoses of plastics, with fittings suppliers to Finland, together comprising 73% of total imports. Sweden, Italy, Poland, France and Latvia lagged somewhat behind, together comprising a further 9%.

Poland, with a CAGR of +27.3%, recorded the highest rates of growth with regard to 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 flexible tubes, pipes and hoses of plastics, with fittings stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded tangible growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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