Finland: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Finland

The Finnish market for self-adhesive plastic tape in rolls of a width under 20cm expanded notably to $X in 2022, picking up by 9% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +79.1% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Finland

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm reduced rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 483%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Finland

After five years of growth, overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm decreased by -8.6% to X tons in 2022. Overall, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of 53% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm contracted to $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Russia (X tons), Estonia (X tons) and Sweden (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Finland, with a combined 58% share of total exports. Norway, Denmark, the United States, the Netherlands, Lithuania, Latvia, China, Switzerland and Germany lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +56.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Estonia ($X) and Sweden ($X) appeared to be the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Finland worldwide, together accounting for 61% of total exports. Denmark, Norway, the United States, China, Lithuania, the Netherlands, Latvia, Switzerland and Germany lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, Switzerland, with a CAGR of +54.2%, saw the highest growth rate of 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 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 when the average export price increased by 30% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Norway ($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 Estonia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Finland

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under 20cm increased by 11% to X tons, rising for the third year in a row after three years of decline. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 26%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm rose sharply to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest self-adhesive plastic tape in rolls of a width under 20cm supplier to Finland, accounting for a 29% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Estonia (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and Estonia (+22.4% per year).

In value terms, Germany ($X), Italy ($X) and Estonia ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Finland, with a combined 45% share of total imports. The UK, Belgium, Sweden, China, Poland, Canada, Taiwan (Chinese), France, Russia and Spain lagged somewhat behind, together accounting for a further 38%.

Russia, with a CAGR of +53.2%, saw 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 import price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, shrinking by -4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 when the average import price increased by 16%. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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