Report Update Nov 1, 2024

Finland - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Finland

The Finnish reclaimed rubber market shrank to $X in 2021, waning by -3.8% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +19.8% against 2019 indices. Reclaimed rubber consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Reclaimed Rubber Production in Finland

In value terms, reclaimed rubber production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +14.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 68% against the previous year. Reclaimed rubber production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Reclaimed Rubber Exports

Exports from Finland

In 2021, overseas shipments of reclaimed rubber decreased by -97.9% to X kg, falling for the second consecutive year after three years of growth. Overall, exports recorded a dramatic setback. The growth pace was the most rapid in 2017 when exports increased by 1,739% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, reclaimed rubber exports soared to $X in 2021. Over the period under review, exports saw a significant contraction. The most prominent rate of growth was recorded in 2017 with an increase of 1,528%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X kg) was the main destination for reclaimed rubber exports from Finland, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia totaled -14.3%.

From 2012 to 2021, the average annual growth rate of value to Estonia amounted to -4.0%.

Export Prices by Country

The average reclaimed rubber export price stood at $X per ton in 2021, jumping by 30,957% against the previous year. In general, the export price saw a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2021, the rate of growth in terms of prices for Denmark amounted to +43.6% per year.

Reclaimed Rubber Imports

Imports into Finland

In 2021, after two years of decline, there was significant growth in overseas purchases of reclaimed rubber, when their volume increased by 273% to X tons. In general, imports saw a strong increase. The growth pace was the most rapid in 2018 with an increase of 544%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, reclaimed rubber imports surged to $X in 2021. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2018 when imports increased by 1,460% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest reclaimed rubber supplier to Finland, accounting for a 47% share of total imports. Moreover, reclaimed rubber imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The UK (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+48.1% per year) and the UK (+86.1% per year).

In value terms, the largest reclaimed rubber suppliers to Finland were France ($X), Belgium ($X) and Germany ($X), with a combined 80% share of total imports. These countries were followed by the UK, the Netherlands and Denmark, which together accounted for a further 18%.

Among the main suppliers, the UK, with a CAGR of +93.7%, recorded 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 reclaimed rubber import price stood at $X per ton in 2021, growing by 31% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 142%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reclaimed rubber in the world?

China constituted the country with the largest volume of reclaimed rubber consumption, comprising approx. 21% of total volume. Moreover, reclaimed rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.5% share.

What are the largest producers of reclaimed rubber in the world?

The countries with the highest volumes of reclaimed rubber production in 2020 were China, India and the U.S., together comprising 38% of global production. These countries were followed by Canada, Japan, the UK, Russia, Thailand, Brazil, Indonesia, France, Turkey and Malaysia, which together accounted for a further 33%.

What are the leading suppliers of reclaimed rubber to Finland?

In value terms, Denmark, Germany and the UK constituted the largest reclaimed rubber suppliers to Finland, with a combined 93% share of total imports.

What is the average export price for reclaimed rubber in Finland?

In 2020, the average reclaimed rubber export price amounted to $60,000 per ton, rising by 5,919% against the previous year.

What is the average import price for reclaimed rubber in Finland?

In 2020, the average reclaimed rubber import price amounted to $1,176 per ton, growing by 26% against the previous year.

This report provides an in-depth analysis of the reclaimed rubber 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 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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