Report Update Nov 1, 2024

Finland - Gypsum Plasters - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Plaster Market 2024

Plaster Market Size in Finland

For the third year in a row, the Finnish plaster market recorded growth in sales value, which increased by 17% to $X in 2022. In general, consumption recorded a significant expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Plaster Production in Finland

In value terms, plaster production soared to $X in 2022 estimated in export price. Over the period under review, production saw a significant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Plaster Exports

Exports from Finland

In 2022, overseas shipments of plaster increased by 21% to X tons, rising for the second year in a row after five years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 85%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plaster exports stood at $X in 2022. Overall, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2013 when exports increased by 84% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for plaster exports from Finland, accounting for a 95% share of total exports. Moreover, plaster exports to Norway exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Norway stood at +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+2.7% per year) and Estonia (-29.8% per year).

In value terms, Norway ($X) remains the key foreign market for plaster exports from Finland, comprising 88% of total exports. The second position in the ranking was taken by Sweden ($X), with an 8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+4.5% per year) and Estonia (-39.4% per year).

Export Prices by Country

In 2022, the average plaster export price amounted to $X per ton, waning by -9.4% against the previous year. In general, the export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2014 an increase of 45%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a 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 Sweden ($X per ton), while the average price for exports to Estonia ($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 Russia (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Plaster Imports

Imports into Finland

In 2022, after two years of growth, there was significant decline in overseas purchases of plaster, when their volume decreased by -55% to X tons. In general, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 130%. As a result, imports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, plaster imports reduced to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X tons) was the main supplier of plaster to Finland, with a 96% share of total imports. It was followed by Latvia (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -1.2%.

In value terms, Germany ($X) constituted the largest supplier of plaster to Finland, comprising 81% of total imports. The second position in the ranking was taken by Latvia ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest.

Import Prices by Country

In 2022, the average plaster import price amounted to $X per ton, with an increase of 97% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plaster in the world?

The country with the largest volume of plaster consumption was China, accounting for 25% of total volume. Moreover, plaster consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Russia ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of plaster in the world?

China remains the largest plaster producing country worldwide, accounting for 25% of total volume. Moreover, plaster production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Turkey ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of plaster to Finland?

In value terms, Germany constituted the largest supplier of plaster to Finland, comprising 72% of total imports. The second position in the ranking was occupied by Spain, with a 13% share of total imports.

What are the leading importers of plaster from Finland?

In value terms, Norway remains the key foreign market for plaster exports from Finland, comprising 77% of total exports. The second position in the ranking was occupied by Latvia, with a 13% share of total exports.

What is the average export price for plaster in Finland?

The average plaster export price stood at $2,504 per ton in 2021, surging by 5.5% against the previous year.

What is the average import price for plaster in Finland?

In 2021, the average plaster import price amounted to $124 per ton, which is down by -41.6% against the previous year.

This report provides an in-depth analysis of the plaster market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23522000 - Plasters consisting of calcined gypsum or calcium sulphate (including for use in building, for use in dressing woven fabrics or surfacing paper, for use in dentistry)

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023