Finland: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Finland

In 2021, the Finnish market for plastic plates, sheets, film, foil and strip was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Finland

In value terms, production of plastic plates, sheets, film, foil and strip surged to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Finland

Exports of plastic plates, sheets, film, foil and strip from Finland amounted to X tons in 2021, surging by 3.3% on 2020. The total export volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 4.7% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip soared to $X in 2021. The total export value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Finland, with a 24% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Sweden exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.4% per year) and Poland (+3.7% per year).

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Finland were Sweden ($X), Belgium ($X) and Norway ($X), together accounting for 40% of total exports.

Belgium, with a CAGR of +12.5%, saw the highest growth rate of 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 export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Norway (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Finland

Imports of plastic plates, sheets, film, foil and strip into Finland amounted to X tons in 2021, surging by 2.4% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by 6.3%. Over the period under review, imports of reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest plastic plate, sheet, film, foil and strip supplier to Finland, accounting for a 21% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was held by Sweden (X tons), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.8% per year) and Sweden (-2.4% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Finland, comprising 25% of total imports. The second position in the ranking was held by Sweden ($X), with an 11% share of total imports. It was followed by Belgium, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.8% per year) and Belgium (+5.2% per year).

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, picking up by 19% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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