Finland: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Finland

The Finnish plastic sanitary ware market shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, showed a notable increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Plastic Sanitary Ware Production in Finland

In value terms, plastic sanitary ware production expanded to $X in 2022 estimated in export price. Overall, production saw a precipitous decrease. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Plastic Sanitary Ware Exports

Exports from Finland

Plastic sanitary ware exports from Finland contracted to X units in 2022, declining by X% against 2021. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then declined in the following year.

In value terms, plastic sanitary ware exports fell to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Poland (X units), Sweden (X units) and Germany (X units) were the main destinations of plastic sanitary ware exports from Finland, with a combined X% share of total exports. Austria, Norway, France, Italy, Spain, Belgium, Denmark, Russia and Estonia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for plastic sanitary ware exported from Finland were Sweden ($X), Poland ($X) and Germany ($X), together accounting for X% of total exports. Austria, Norway, France, Denmark, Italy, Spain, Estonia, Belgium and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Austria, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average plastic sanitary ware export price amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Sanitary Ware Imports

Imports into Finland

In 2022, after two years of growth, there was decline in purchases abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware, when their volume decreased by X% to X units. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, plastic sanitary ware imports shrank modestly to $X in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

Germany (X units), Sweden (X units) and Italy (X units) were the main suppliers of plastic sanitary ware imports to Finland, with a combined X% share of total imports. China, Denmark, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest plastic sanitary ware suppliers to Finland were Sweden ($X), Germany ($X) and Italy ($X), together accounting for X% of total imports. China, Denmark, Poland and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average plastic sanitary ware import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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