Report Update Nov 1, 2024

Finland - Other Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Finland

In 2021, the Finnish cyclic hydrocarbons market increased by 13% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, showed a noticeable downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Cyclic Hydrocarbons Production in Finland

In value terms, cyclic hydrocarbons production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 46% against the previous year. Cyclic hydrocarbons production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports from Finland

Cyclic hydrocarbons exports from Finland dropped notably to X kg in 2021, reducing by 99.9% against 2020 figures. Overall, exports faced a precipitous decrease. The growth pace was the most rapid in 2015 when exports increased by 372%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports dropped sharply to $X in 2021. Over the period under review, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 290% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Kuwait (X kg) was the main destination for cyclic hydrocarbons exports from Finland, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Kuwait was relatively modest.

In value terms, Kuwait ($X) emerged as the key foreign market for other cyclic hydrocarbons exports from Finland.

From 2012 to 2021, the average annual growth rate of value to Kuwait was relatively modest.

Export Prices by Country

The average cyclic hydrocarbons export price stood at $X per ton in 2021, picking up by 126% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +2.6% per year.

Cyclic Hydrocarbons Imports

Imports into Finland

For the third consecutive year, Finland recorded decline in overseas purchases of other cyclic hydrocarbons, which decreased by -84.3% to X tons in 2021. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 414%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, cyclic hydrocarbons imports fell markedly to $X in 2021. Over the period under review, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2015 when imports increased by 655%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Russia (X tons) and the Netherlands (X tons) were the main suppliers of cyclic hydrocarbons imports to Finland, with a combined 92% share of total imports. These countries were followed by Belgium and the UK, which together accounted for a further 7.1%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +75.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cyclic hydrocarbons suppliers to Finland were the Netherlands ($X), Spain ($X) and Russia ($X), with a combined 79% share of total imports. The UK and Belgium lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, the UK, with a CAGR of +65.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cyclic hydrocarbons import price amounted to $X per ton, growing by 97% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 Russia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other cyclic hydrocarbons in the world?

China constituted the country with the largest volume of cyclic hydrocarbons consumption, comprising approx. 21% of total volume. Moreover, cyclic hydrocarbons consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.2% share.

What are the largest producers of other cyclic hydrocarbons in the world?

China remains the largest cyclic hydrocarbons producing country worldwide, comprising approx. 23% of total volume. Moreover, cyclic hydrocarbons production in China exceeded the figures recorded by the second-largest producer, India, threefold. Spain ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of other cyclic hydrocarbons to Finland?

In value terms, Russia constituted the largest supplier of cyclic hydrocarbons to Finland, comprising 75% of total imports. The second position in the ranking was occupied by Belgium, with an 11% share of total imports.

What are the leading importers of other cyclic hydrocarbons from Finland?

In value terms, the Netherlands emerged as the key foreign market for cyclic hydrocarbons exports from Finland, comprising 58% of total exports. The second position in the ranking was occupied by France, with a 28% share of total exports.

What is the average export price for other cyclic hydrocarbons in Finland?

In 2020, the average cyclic hydrocarbons export price amounted to $1,066 per ton, shrinking by -13.5% against the previous year.

What is the average import price for other cyclic hydrocarbons in Finland?

The average cyclic hydrocarbons import price stood at $1,233 per ton in 2020, with an increase of 39% against the previous year.

This report provides an in-depth analysis of the cyclic hydrocarbons 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 20141290 - Other cyclic hydrocarbons

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023