Finland: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Finland

The Finnish market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) skyrocketed to $X in 2021, growing by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption (excl. hexamethylenediamine and ethylenediamine) decreased by -4.5% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Finland

In 2021, the amount of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exported from Finland declined remarkably to X tons, falling by -35.1% on the year before. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 668% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) fell markedly to $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 522% against the previous year. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Finland, accounting for a 55% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to China exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was taken by Vietnam (X tons), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +3,175.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+137.3% per year) and Vietnam (+140.8% per year).

In value terms, Lithuania ($X) remains the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Finland, comprising 62% of total exports. The second position in the ranking was held by China ($X), with a 14% share of total exports. It was followed by Vietnam, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to Lithuania stood at +164.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2,941.9% per year) and Vietnam (+163.5% per year).

Export Prices by Country

In 2021, the average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) amounted to $X per ton, reducing by -20.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of 129% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Lithuania ($X per ton), while the average price for exports to China ($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 the UK (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Finland

In 2021, approx. X tons of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) were imported into Finland; picking up by 9.2% on the previous year's figure. Overall, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) increased by +74.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. Over the period under review, imports of (excl. hexamethylenediamine and ethylenediamine) attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) expanded remarkably to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports (excl. hexamethylenediamine and ethylenediamine) decreased by -11.2% against 2019 indices. The growth pace was the most rapid in 2018 when imports increased by 28% against the previous year. Over the period under review, imports of (excl. hexamethylenediamine and ethylenediamine) hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) was the main acyclic polyamines and their derivatives and salts thereof supplier to Finland, accounting for a 90% share of total imports. Moreover, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by Sweden (X tons), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+98.8% per year) and Sweden (-14.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Finland, comprising 73% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Sweden, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+97.7% per year) and Sweden (-14.4% per year).

Import Prices by Country

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, with an increase of 5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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