Finland - Other Aromatic Monoamines and Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights
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Aromatic Monoamines Market Size in Finland
In 2021, the Finnish aromatic monoamines market decreased by -88.4% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a precipitous slump. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Aromatic Monoamines Production in Finland
In value terms, aromatic monoamines production shrank dramatically to $X in 2021 estimated in export price. Overall, production, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 702%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.
Aromatic Monoamines Exports
Exports from Finland
For the ninth year in a row, Finland recorded growth in overseas shipments of other aromatic monoamines and their derivatives, salts thereof, which increased by 87% to X tons in 2020. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aromatic monoamines exports skyrocketed to $X in 2020. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Germany (X tons), Belgium (X tons) and India (X kg) were the main destinations of aromatic monoamines exports from Finland.
From 2012 to 2020, the biggest increases were recorded for Belgium (with a CAGR of +326.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Belgium ($X) and India ($X) appeared to be the largest markets for aromatic monoamines exported from Finland worldwide.
Among the main countries of destination, Germany, with a CAGR of +309.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2020, the average aromatic monoamines export price amounted to $X per ton, growing by 39% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.
Aromatic Monoamines Imports
Imports into Finland
In 2021, aromatic monoamines imports into Finland expanded notably to X tons, picking up by 11% compared with 2020 figures. Overall, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 839%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.
In value terms, aromatic monoamines imports skyrocketed to $X in 2021. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 72% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of aromatic monoamines to Finland, with a 67% share of total imports. Moreover, aromatic monoamines imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 4.1% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-25.7% per year) and India (-9.6% per year).
In value terms, China ($X) constituted the largest supplier of other aromatic monoamines and their derivatives, salts thereof to Finland, comprising 71% of total imports. The second position in the ranking was taken by India ($X), with a 7.6% share of total imports. It was followed by Germany, with a 2.5% share.
From 2012 to 2021, the average annual growth rate of value from China stood at +63.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.7% per year) and Germany (-22.0% per year).
Import Prices by Country
In 2021, the average aromatic monoamines import price amounted to $X per ton, picking up by 49% against the previous year. Over the period under review, the import price showed significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 632% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.
Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aromatic monoamines 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 20144159 - Other aromatic monoamines and their derivatives, salts thereof
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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