Finland: Prisms And Mirrors Market 2025

Prisms And Mirrors Market Size in Finland

The Finnish prisms and mirrors market surged to $X in 2022, jumping by 91% against the previous year. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Prisms And Mirrors Production in Finland

In value terms, prisms and mirrors production fell to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 578% against the previous year. Over the period under review, production reached the maximum level at $X in 2021, and then declined in the following year.

Prisms And Mirrors Exports

Exports from Finland

In 2022, after two years of growth, there was significant decline in shipments abroad of prisms and mirrors, when their volume decreased by -25.8% to X tons. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 208% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, prisms and mirrors exports declined significantly to $X in 2022. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 106% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Belgium (X tons) and the UK (X tons) were the main destinations of prisms and mirrors exports from Finland, with a combined 52% share of total exports. The Netherlands, Italy, Poland, the Czech Republic, Taiwan (Chinese), Bulgaria, China, the United States, Spain and Russia lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +175.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prisms and mirrors exported from Finland were Germany ($X), Belgium ($X) and China ($X), together accounting for 45% of total exports. The Netherlands, Poland, Italy, the UK, Taiwan (Chinese), the Czech Republic, Bulgaria, the United States, Spain and Russia lagged somewhat behind, together accounting for a further 38%.

Italy, with a CAGR of +141.1%, 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 prisms and mirrors export price stood at $X per ton in 2022, picking up by 7.7% against the previous year. Overall, the export price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 19%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 China ($X per ton), while the average price for exports to Russia ($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 China (+14.8%), while the prices for the other major destinations experienced a decline.

Prisms And Mirrors Imports

Imports into Finland

In 2022, after three years of growth, there was significant decline in overseas purchases of prisms and mirrors, when their volume decreased by -24.7% to X tons. In general, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 197% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, prisms and mirrors imports fell to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 50%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Hong Kong SAR (X tons) constituted the largest prisms and mirrors supplier to Finland, accounting for a 89% share of total imports. Moreover, prisms and mirrors imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR stood at +41.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.7% per year) and the United States (-11.9% per year).

In value terms, the largest prisms and mirrors suppliers to Finland were China ($X), Hong Kong SAR ($X) and the United States ($X), with a combined 76% share of total imports.

Among the main suppliers, Hong Kong SAR, with a CAGR of +33.2%, 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

The average prisms and mirrors import price stood at $X per ton in 2022, with an increase of 14% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 40%. Over the period under review, average import prices attained the maximum 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 the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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