Finland: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Finland

The Finnish market for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption continues to indicate a noticeable setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Finland

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.1% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Finland

After two years of growth, overseas shipments of non-cellular plates, sheets, film, foil and strip of plastics decreased by -17.8% to X tons in 2022. Over the period under review, exports showed a mild descent. The growth pace was the most rapid in 2018 with an increase of 13% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics amounted to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Norway (X tons) and Spain (X tons) were the main destinations of exports of non-cellular plates, sheets, film, foil and strip of plastics from Finland, with a combined 30% share of total exports. Germany, the Netherlands, Denmark, Estonia, Italy, China, Poland, France, the United States and Turkey lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +16.4%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Germany ($X) were the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Finland worldwide, together accounting for 37% of total exports. The Netherlands, France, China, Estonia, Spain, Denmark, Poland, Italy, the United States and Turkey lagged somewhat behind, together comprising a further 41%.

Turkey, with a CAGR of +14.5%, saw the highest rates of growth with regard to 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 non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, growing by 23% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 China (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Finland

After two years of growth, supplies from abroad of non-cellular plates, sheets, film, foil and strip of plastics decreased by -0.7% to X tons in 2022. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 tons, leveling off in the following year.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics declined slightly to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Finland, together comprising 37% of total imports. The Netherlands, India, Switzerland, Vietnam, Estonia, Poland, Sweden, the UK, Turkey and South Korea lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +28.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Finland were Germany ($X), Italy ($X) and France ($X), together comprising 38% of total imports. The Netherlands, the UK, Estonia, Poland, Sweden, Turkey, India, Vietnam, Switzerland and South Korea lagged somewhat behind, together accounting for a further 41%.

Vietnam, with a CAGR of +27.8%, saw 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

In 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, which is down by -2.1% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform