Finland: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2025

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Finland

After two years of growth, the Finnish market for floor, wall or ceiling coverings of plastics decreased by -7.5% to $X in 2022. Overall, consumption, however, posted strong growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Finland

In value terms, production of floor, wall or ceiling coverings of plastics contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Finland

In 2022, exports of floor, wall or ceiling coverings of plastics from Finland soared to X square meters, jumping by 21% on the year before. In general, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of floor, wall or ceiling coverings of plastics totaled $X in 2022. Overall, total exports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X square meters), the United States (X square meters) and Norway (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Finland, with a combined 67% share of total exports. Germany, France, Poland, Denmark, Bulgaria, Romania, Japan and Turkey lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +92.8%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the United States ($X) and Norway ($X) appeared to be the largest markets for plastic floor, wall and ceiling coverings exported from Finland worldwide, together comprising 66% of total exports. Germany, France, Denmark, Romania, Poland, Bulgaria, Japan and Turkey lagged somewhat behind, together accounting for a further 22%.

Bulgaria, with a CAGR of +81.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, waning by -6.7% against the previous year. Over the period under review, the export price showed a slight decline. The growth pace was the most rapid in 2018 when the average export price increased by 6.6% against the previous year. The export price peaked at $X per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Finland

In 2022, after two years of growth, there was significant decline in purchases abroad of floor, wall or ceiling coverings of plastics, when their volume decreased by -8% to X square meters. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure at X square meters in 2021, and then reduced in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics reached $X in 2022. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of plastic floor, wall and ceiling coverings to Finland, with a 48% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Sweden (X square meters), fourfold. The third position in this ranking was taken by Belgium (X square meters), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.5% per year) and Belgium (+14.8% per year).

In value terms, China ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Finland, comprising 46% of total imports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total imports. It was followed by Belgium, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.6% per year) and Belgium (+14.6% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, increasing by 9.5% against the previous year. Overall, the import price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2019 an increase of 28%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Poland ($X per square meter) and the UK ($X per square meter), while the price for the Netherlands ($X per square meter) and China ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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