Finland: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Finland

The Finnish solid vulcanised rubber sheet market soared to $X in 2022, surging by 19% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Finland

In value terms, solid vulcanised rubber sheet production declined remarkably to $X in 2022 estimated in export price. In general, production showed significant growth. The growth pace was the most rapid in 2021 with an increase of 1,032% against the previous year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Finland

In 2022, approx. X tons of plates, sheets, strips for floor covering of solid vulcanised rubber were exported from Finland; approximately mirroring the previous year's figure. The total export volume increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 47%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, solid vulcanised rubber sheet exports rose sharply to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +29.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 34% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), Russia (X tons) and Estonia (X tons) were the main destinations of solid vulcanised rubber sheet exports from Finland, together comprising 55% of total exports. The Netherlands, the Czech Republic, Austria and Spain lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +66.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid vulcanised rubber sheet exported from Finland were Russia ($X), Sweden ($X) and the Czech Republic ($X), with a combined 53% share of total exports. The Netherlands, Austria, Estonia and Spain lagged somewhat behind, together accounting for a further 25%.

The Netherlands, with a CAGR of +55.3%, recorded 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 solid vulcanised rubber sheet export price stood at $X per ton in 2022, growing by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 when the average export price increased by 17% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Estonia ($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 Russia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Finland

For the fourth consecutive year, Finland recorded growth in overseas purchases of plates, sheets, strips for floor covering of solid vulcanised rubber, which increased by 19% to X tons in 2022. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and Turkey (X tons) were the main suppliers of solid vulcanised rubber sheet imports to Finland, with a combined 60% share of total imports. Spain, India, Italy, Poland, Sweden, the Netherlands, Slovenia, Romania and Austria lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +27.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plates, sheets, strips for floor covering of solid vulcanised rubber to Finland, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 9.1% share of total imports. It was followed by Poland, with a 6.9% share.

From 2012 to 2022, 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: China (+5.6% per year) and Poland (+33.1% per year).

Import Prices by Country

The average solid vulcanised rubber sheet import price stood at $X per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2018 an increase of 20%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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