Finland: Market for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) 2025

Market Size for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Finland

The Finnish polystyrene in primary forms market skyrocketed to $X in 2021, with an increase of 57% against the previous year. Over the period under review, consumption recorded prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Finland

In value terms, polystyrene in primary forms production totaled $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the near future.

Exports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Exports from Finland

In 2021, shipments abroad of polystyrene in primary forms (excluding expansible polystyrene) increased by 20% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, polystyrene in primary forms exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable downturn. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main destinations of polystyrene in primary forms exports from Finland, together comprising 40% of total exports. Japan, Lithuania, Malaysia, France, Spain, Poland, Hungary, China, Italy and Romania lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +109.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the UK ($X) constituted the largest markets for polystyrene in primary forms exported from Finland worldwide, together comprising 46% of total exports. These countries were followed by Japan, France, Spain, Hungary, Lithuania, Italy, China, Poland, Malaysia and Romania, which together accounted for a further 42%.

In terms of the main countries of destination, Hungary, with a CAGR of +106.4%, recorded the highest rates of growth with regard to 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 2021, the average polystyrene in primary forms export price amounted to $X per ton, growing by 14% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Malaysia ($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 Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Imports into Finland

Polystyrene in primary forms imports into Finland stood at X tons in 2021, with an increase of 8.5% compared with the previous year. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 43%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, polystyrene in primary forms imports skyrocketed to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +82.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of polystyrene in primary forms to Finland, with a 47% share of total imports. Moreover, polystyrene in primary forms imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Sweden (X tons), with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled +29.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.7% per year) and Sweden (-13.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of polystyrene in primary forms (excluding expansible polystyrene) to Finland, comprising 50% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by Sweden, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +30.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.7% per year) and Sweden (-14.5% per year).

Import Prices by Country

In 2021, the average polystyrene in primary forms import price amounted to $X per ton, jumping by 66% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Russia ($X per ton) and Belgium ($X per ton), while the price for Poland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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