Finland: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Finland

The Finnish metal pickling preparations market expanded slightly to $X in 2021, rising by 3.3% 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). The market value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Metal Pickling Preparations Exports

Exports from Finland

In 2021, exports of pickling preparations for metal surfaces from Finland fell dramatically to X tons, declining by -23.3% on 2020 figures. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 412% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal pickling preparations exports shrank to $X in 2021. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 153% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons), Norway (X tons) and Estonia (X tons) were the main destinations of metal pickling preparations exports from Finland, together accounting for 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +71.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Latvia ($X) and Russia ($X) were the largest markets for metal pickling preparations exported from Finland worldwide, with a combined 85% share of total exports. These countries were followed by Norway and Sweden, which together accounted for a further 10%.

Norway, with a CAGR of +47.0%, recorded 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 metal pickling preparations export price stood at $X per ton in 2021, picking up by 29% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 576%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Estonia ($X per ton), while the average price for exports to Norway ($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 Latvia (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Finland

In 2021, purchases abroad of pickling preparations for metal surfaces decreased by -7.3% to X tons, falling for the third year in a row after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 16%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, metal pickling preparations imports reached $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Sweden (X tons) and Poland (X tons) were the main suppliers of metal pickling preparations imports to Finland, together accounting for 78% of total imports. The Netherlands, the Czech Republic, Belgium and Italy lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +8.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal pickling preparations suppliers to Finland were Germany ($X), Sweden ($X) and Poland ($X), with a combined 53% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +6.2%, saw 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

The average metal pickling preparations import price stood at $X per ton in 2021, growing by 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. As a result, import price reached 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 Belgium ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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