Finland: Non-Reinforced Rubber Tubing Market 2025

Non-Reinforced Rubber Tubing Market Size in Finland

In 2021, the Finnish non-reinforced rubber tubing market decreased by -1.3% to $X for the first time since 2015, thus ending a five-year rising trend. Overall, consumption, however, saw a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2020, and then dropped modestly in the following year.

Non-Reinforced Rubber Tubing Production in Finland

In value terms, non-reinforced rubber tubing production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed strong growth. The growth pace was the most rapid in 2013 with an increase of 292%. Non-reinforced rubber tubing production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Non-Reinforced Rubber Tubing Exports

Exports from Finland

In 2021, shipments abroad of rubber tubing not reinforced increased by 13% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 66%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-reinforced rubber tubing exports surged to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Estonia (X tons) was the main destination for non-reinforced rubber tubing exports from Finland, accounting for a 43% share of total exports. Moreover, non-reinforced rubber tubing exports to Estonia exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia totaled +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.6% per year) and the UK (+32.0% per year).

In value terms, the Netherlands ($X), Estonia ($X) and France ($X) constituted the largest markets for non-reinforced rubber tubing exported from Finland worldwide, with a combined 34% share of total exports. These countries were followed by the UK, China, Singapore, Russia, Sweden and Poland, which together accounted for a further 32%.

Among the main countries of destination, Singapore, with a CAGR of +43.8%, saw 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 non-reinforced rubber tubing export price amounted to $X per ton, surging by 7.4% against the previous year. In general, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 33%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 Poland ($X per ton), while the average price for exports to Estonia ($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 Poland (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Reinforced Rubber Tubing Imports

Imports into Finland

After six years of growth, purchases abroad of rubber tubing not reinforced decreased by -20.6% to X tons in 2021. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 38%. Over the period under review, imports hit record highs at X tons in 2020, and then shrank rapidly in the following year.

In value terms, non-reinforced rubber tubing imports rose notably to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +104.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of non-reinforced rubber tubing imports to Finland, together accounting for 88% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +90.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Sweden ($X) constituted the largest non-reinforced rubber tubing suppliers to Finland, together accounting for 80% of total imports.

Poland, with a CAGR of +88.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-reinforced rubber tubing import price stood at $X per ton in 2021, jumping by 38% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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