Finland: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2025

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Finland

In 2022, the Finnish pigments, opacifiers and colours market decreased by -11.2% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a abrupt decrease. Pigments, opacifiers and colours consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Finland

In value terms, pigments, opacifiers and colours production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 100% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Finland

In 2022, the amount of pigments, opacifiers and colours for ceramics, enamelling or glass exported from Finland contracted markedly to X kg, falling by -74.3% on the year before. In general, exports faced a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 446%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pigments, opacifiers and colours exports plummeted to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 316% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X kg), Switzerland (X kg) and Germany (X kg) were the main destinations of pigments, opacifiers and colours exports from Finland, together accounting for 83% of total exports. Belarus, Kazakhstan and Estonia lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pigments, opacifiers and colours exported from Finland were Germany ($X), Russia ($X) and Switzerland ($X), with a combined 79% share of total exports. Estonia, Belarus and Kazakhstan lagged somewhat behind, together comprising a further 19%.

Belarus, with a CAGR of 0.0%, saw 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

In 2022, the average pigments, opacifiers and colours export price amounted to $X per ton, picking up by 159% against the previous year. Over the period under review, the export price recorded a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Finland

In 2022, supplies from abroad of pigments, opacifiers and colours for ceramics, enamelling or glass decreased by -16.1% to X tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of 28%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, pigments, opacifiers and colours imports reduced to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when imports increased by 4% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest pigments, opacifiers and colours supplier to Finland, with a 60% share of total imports. Moreover, pigments, opacifiers and colours imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Denmark (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-0.2% per year) and Denmark (+27.3% per year).

In value terms, the largest pigments, opacifiers and colours suppliers to Finland were Germany ($X), the Netherlands ($X) and Belgium ($X), together accounting for 84% of total imports.

Belgium, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pigments, opacifiers and colours import price amounted to $X per ton, increasing by 7.5% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 39%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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