Finland: Market for Oils And Other Products Of The Distillation Of High Temperature Coal Tar 2025

Market Size for Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Finland

The Finnish oils from coal tar market declined significantly to $X in 2021, which is down by -84.6% against the previous year. In general, consumption recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Oils And Other Products Of The Distillation Of High Temperature Coal Tar in Finland

In value terms, oils from coal tar production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,995%. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the near future.

Exports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Exports from Finland

For the fourth year in a row, Finland recorded growth in overseas shipments of oils and other products of the distillation of high temperature coal tar, which increased by 59% to X tons in 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 773% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, oils from coal tar exports skyrocketed to $X in 2021. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 592%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for oils from coal tar exports from Finland, accounting for a 60% share of total exports. Moreover, oils from coal tar exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tons), threefold. Germany (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at +73.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+47.1% per year) and Germany (+58.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for oils and other products of the distillation of high temperature coal tar exports from Finland, comprising 54% of total exports. The second position in the ranking was held by Belgium ($X), with a 21% share of total exports. It was followed by Denmark, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +50.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+43.5% per year) and Denmark (+1,601.0% per year).

Export Prices by Country

The average oils from coal tar export price stood at $X per ton in 2021, with a decrease of -14.4% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+15.2%), while the prices for the other major destinations experienced a decline.

Imports of Oils And Other Products Of The Distillation Of High Temperature Coal Tar

Imports into Finland

For the fourth consecutive year, Finland recorded growth in purchases abroad of oils and other products of the distillation of high temperature coal tar, which increased by 0.9% to X tons in 2021. Overall, imports enjoyed prominent growth. The growth pace was the most rapid in 2016 when imports increased by 176%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, oils from coal tar imports surged to $X in 2021. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 94%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), Russia (X tons) and Sweden (X tons) were the main suppliers of oils from coal tar imports to Finland, together accounting for 69% of total imports. Estonia, Belgium, Germany, Denmark and the UK lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +183.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Russia ($X) and Estonia ($X) were the largest oils from coal tar suppliers to Finland, with a combined 63% share of total imports.

In terms of the main suppliers, Estonia, with a CAGR of +489.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average oils from coal tar import price amounted to $X per ton, growing by 61% against the previous year. Overall, the import price, however, showed a perceptible contraction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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