Finland: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Finland

The Finnish hypochlorites, chlorites and hypobromites market expanded modestly to $X in 2022, picking up by 3.2% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Finland

In value terms, hypochlorites, chlorites and hypobromites production contracted markedly to $X in 2022 estimated in export price. In general, production saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by 40% against the previous year. As a result, production reached the peak level of $X, and then dropped markedly in the following year.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Finland

In 2022, after three years of growth, there was significant decline in overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites, when their volume decreased by -61.8% to X tons. In general, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2017 when exports increased by 77%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, hypochlorites, chlorites and hypobromites exports declined sharply to $X in 2022. Over the period under review, total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 62%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Russia (X tons), Sweden (X tons) and Estonia (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Finland, together comprising 94% of total exports. Norway lagged somewhat behind, comprising a further 5.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +193.6%), while the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X) emerged as the key foreign market for hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites exports from Finland, comprising 53% of total exports. The second position in the ranking was taken by Estonia ($X), with a 21% share of total exports. It was followed by Russia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+12.3% per year) and Russia (-11.1% per year).

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2022, with an increase of 73% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hypochlorites, chlorites and hypobromites export price increased by +89.5% against 2020 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 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Russia ($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 Sweden (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Finland

Hypochlorites, chlorites and hypobromites imports into Finland was estimated at X tons in 2022, with an increase of 4.6% compared with 2021. In general, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports amounted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Denmark (X tons) constituted the largest hypochlorites, chlorites and hypobromites supplier to Finland, with a 56% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Denmark exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.4% per year) and Japan (-1.0% per year).

In value terms, Denmark ($X), Italy ($X) and Japan ($X) were the largest hypochlorites, chlorites and hypobromites suppliers to Finland, with a combined 68% share of total imports.

Denmark, with a CAGR of +16.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hypochlorites, chlorites and hypobromites import price stood at $X per ton in 2022, rising by 2.7% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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