Finland: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Finland

The Finnish plastic doors and windows market declined significantly to $X in 2022, waning by -15.2% against the previous year. Overall, consumption recorded a slight downturn. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Plastic Doors, Windows And Their Frames in Finland

In value terms, plastic doors and windows production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 38% against the previous year. Plastic doors and windows production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Plastic Doors, Windows And Their Frames

Exports from Finland

For the third year in a row, Finland recorded growth in shipments abroad of plastic doors, windows and their frames, which increased by 10% to X units in 2022. In general, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.3% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, plastic doors and windows exports shrank slightly to $X in 2022. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2020 indices. The growth pace was the most rapid in 2014 when exports increased by 56%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X units), Sweden (X units) and Lithuania (X units) were the main destinations of plastic doors and windows exports from Finland, together accounting for 80% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +67.5%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the UK ($X) and Estonia ($X) appeared to be the largest markets for plastic doors and windows exported from Finland worldwide, together comprising 79% of total exports. Ireland, Lithuania, Russia, Norway and Latvia lagged somewhat behind, together comprising a further 16%.

Lithuania, with a CAGR of +40.1%, 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

In 2022, the average plastic doors and windows export price amounted to $X per unit, with a decrease of -10.8% against the previous year. In general, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 25% against the previous year. The export price peaked 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 Ireland ($X per unit), while the average price for exports to Lithuania ($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 Ireland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into Finland

In 2022, approx. X units of plastic doors, windows and their frames were imported into Finland; with a decrease of -12.6% on the previous year's figure. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 143% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic doors and windows imports reduced remarkably to $X in 2022. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2017 when imports increased by 335%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Estonia (X units) and Poland (X units) were the main suppliers of plastic doors and windows imports to Finland, together comprising 81% of total imports. China, Denmark, Italy, Sweden and the Netherlands lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +259.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plastic doors, windows and their frames to Finland, comprising 44% of total imports. The second position in the ranking was held by Estonia ($X), with an 11% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+13.7% per year) and Poland (+25.1% per year).

Import Prices by Country

In 2022, the average plastic doors and windows import price amounted to $X per unit, with a decrease of -10.1% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 79%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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