Report Update Nov 1, 2024

Finland - Propene (Propylene) - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Propene Market 2024

Propene Market Size in Finland

The Finnish propene market soared to $X in 2021, growing by 37% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.7% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Propene Production in Finland

In value terms, propene production surged to $X in 2021 estimated in export price. Over the period under review, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 125%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Propene Exports

Exports from Finland

After three years of growth, overseas shipments of propene (propylene) decreased by -56.6% to X tons in 2021. In general, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2018 with an increase of 77,357%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then reduced notably in the following year.

In value terms, propene exports reduced rapidly to $X in 2021. Overall, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 97,041%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for propene exports from Finland, with a 85% share of total exports. Moreover, propene exports to Belgium exceeded the volume sent to the second major destination, Sweden (X tons), sixfold.

From 2013 to 2021, the average annual growth rate of volume to Belgium stood at +6.3%.

In value terms, Belgium ($X) emerged as the key foreign market for propene (propylene) exports from Finland, comprising 87% of total exports. The second position in the ranking was held by Sweden ($X), with a 13% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to Belgium stood at +5.3%.

Export Prices by Country

In 2021, the average propene export price amounted to $X per ton, growing by 67% against the previous year. Overall, the export price, however, recorded a mild curtailment. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas 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 Sweden totaled $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.8%), while the prices for the other major destinations experienced a decline.

Propene Imports

Imports into Finland

In 2021, supplies from abroad of propene (propylene) increased by 148% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 36,244%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, propene imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 10,669% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) was the main propene supplier to Finland, accounting for a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Sweden amounted to -12.8%.

In value terms, Sweden ($X) constituted the largest supplier of propene (propylene) to Finland.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to -14.6%.

Import Prices by Country

In 2021, the average propene import price amounted to $X per ton, picking up by 35% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 397% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +6.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propene (propylene) in the world?

The countries with the highest volumes of propene consumption in 2021 were the United States, India and Japan, together comprising 29% of global consumption. Pakistan, Brazil, China, Bangladesh, Germany, the UK, Mexico, Russia, Turkey and the Netherlands lagged somewhat behind, together comprising a further 31%.

What are the largest producers of propene (propylene) in the world?

The countries with the highest volumes of propene production in 2021 were the United States, India and Japan, with a combined 31% share of global production. These countries were followed by Pakistan, Brazil, Bangladesh, South Korea, Germany, the UK, Russia, Turkey, Mexico and the Netherlands, which together accounted for a further 31%.

What are the leading suppliers of propene (propylene) to Finland?

In value terms, Sweden constituted the largest supplier of propene to Finland.

What are the leading importers of propene (propylene) from Finland?

In value terms, Belgium emerged as the key foreign market for propene exports from Finland, comprising 87% of total exports. The second position in the ranking was occupied by Sweden, with a 13% share of total exports.

What is the average export price for propene (propylene) in Finland?

The average propene export price stood at $597 per ton in 2021, waning by -20.8% against the previous year.

What is the average import price for propene (propylene) in Finland?

The average propene import price stood at $822 per ton in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the propene market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141140 - Propene (propylene)

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023