Finland: Market for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Finland

In 2022, the Finnish market for flexible tubes, pipes and hoses of plastics, without fittings increased by 37% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +64.4% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings in Finland

In value terms, production of flexible tubes, pipes and hoses of plastics, without fittings skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2014 with an increase of 330% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Exports from Finland

After three years of growth, overseas shipments of flexible tubes, pipes and hoses of plastics, without fittings decreased by -54.5% to X tons in 2022. In general, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 88%. Over the period under review, the exports of reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, without fittings declined significantly to $X in 2022. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Estonia (X tons) and Russia (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, without fittings from Finland, together accounting for 66% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of -1.6%), while the other leaders experienced a decline.

In value terms, the largest markets for flexible tubes, pipes and hoses of plastics, without fittings exported from Finland were Germany ($X), Denmark ($X) and Estonia ($X), together comprising 21% of total exports.

Germany, with a CAGR of +7.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, without fittings stood at $X per ton in 2022, surging by 83% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 146%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 Denmark (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, without Fittings

Imports into Finland

In 2022, purchases abroad of flexible tubes, pipes and hoses of plastics, without fittings increased by 11% to X tons, rising for the sixth consecutive year after two years of decline. The total import volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of flexible tubes, pipes and hoses of plastics, without fittings rose notably to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of imports of flexible tubes, pipes and hoses of plastics, without fittings to Finland, together comprising 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +28.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flexible tubes, pipes and hoses of plastics, without fittings suppliers to Finland were Sweden ($X), Germany ($X) and China ($X), with a combined 70% share of total imports. Estonia, Poland, the Czech Republic and Italy lagged somewhat behind, together comprising a further 14%.

Poland, with a CAGR of +25.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for flexible tubes, pipes and hoses of plastics, without fittings amounted to $X per ton, reducing by -3.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 8.3% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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