Finland: Propene Market 2025

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

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