Finland: Market for Soap And Organic Surface-Active Products In Bars For Toilet Use 2024

Market Size for Soap And Organic Surface-Active Products In Bars For Toilet Use in Finland

In 2022, the Finnish market for soap and organic surface-active products in bars for toilet use decreased by -7.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed a abrupt descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Exports from Finland

In 2022, overseas shipments of soap and organic surface-active products in bars for toilet use decreased by -49.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2017 with an increase of 182%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of soap and organic surface-active products in bars for toilet use dropped notably to $X in 2022. Over the period under review, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 152%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X tons), Russia (X tons) and Sweden (X tons) were the main destinations of exports of soap and organic surface-active products in bars for toilet use from Finland, with a combined 95% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +35.1%), while the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Russia ($X) and Sweden ($X) were the largest markets for soap in bars for toilet use exported from Finland worldwide, with a combined 81% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +28.3%, recorded 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

The average export price for soap and organic surface-active products in bars for toilet use stood at $X per ton in 2022, growing by 5.1% against the previous year. In general, the export price, however, saw a perceptible contraction. The growth pace was the most rapid in 2021 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Estonia ($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 Norway (+5.7%), while the prices for the other major destinations experienced a decline.

Imports of Soap And Organic Surface-Active Products In Bars For Toilet Use

Imports into Finland

Imports of soap and organic surface-active products in bars for toilet use into Finland dropped modestly to X tons in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of soap and organic surface-active products in bars for toilet use declined to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and the UK (X tons) were the main suppliers of imports of soap and organic surface-active products in bars for toilet use to Finland, together comprising 51% of total imports. Sweden, Poland, Belgium, Turkey, Greece and Denmark lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +86.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars for toilet use suppliers to Finland were the UK ($X), Germany ($X) and Sweden ($X), with a combined 47% share of total imports. China, Belgium, Poland, Turkey, Greece and Denmark lagged somewhat behind, together comprising a further 34%.

Greece, with a CAGR of +63.9%, 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

In 2022, the average import price for soap and organic surface-active products in bars for toilet use amounted to $X per ton, falling by -10.7% against the previous year. Over the period under review, the import price showed a pronounced decrease. The growth pace was the most rapid in 2021 when the average import price increased by 27%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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