Finland: Plastic Support Market 2025

Plastic Support Market Size in Finland

In 2022, the Finnish plastic support market increased by 3.2% to $X, rising for the third consecutive year after five years of decline. Overall, consumption, however, saw a deep reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Plastic Support Production in Finland

In value terms, plastic support production shrank to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Plastic Support Exports

Exports from Finland

In 2022, the amount of spools, cops and similar supports of plastics exported from Finland contracted to X tons, waning by -7.4% compared with 2021. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 16%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic support exports shrank modestly to $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 10%. The exports peaked at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Sweden (X tons) was the main destination for plastic support exports from Finland, with a 51% share of total exports. Moreover, plastic support exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. Estonia (X tons) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-1.0% per year) and Estonia (+12.5% per year).

In value terms, Sweden ($X) remains the key foreign market for spools, cops and similar supports of plastics exports from Finland, comprising 48% of total exports. The second position in the ranking was taken by Denmark ($X), with a 9% share of total exports. It was followed by Estonia, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-0.6% per year) and Estonia (+9.4% per year).

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, surging by 3.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Norway ($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 the UK (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into Finland

For the third year in a row, Finland recorded growth in supplies from abroad of spools, cops and similar supports of plastics, which increased by 9.6% to X tons in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +21.5% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, plastic support imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Sweden (X tons), Germany (X tons) and Lithuania (X tons) were the main suppliers of plastic support imports to Finland, together accounting for 47% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +22.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic support suppliers to Finland were Germany ($X), Sweden ($X) and France ($X), together comprising 45% of total imports. Italy, Poland, the Czech Republic, Lithuania, the UK and Hungary lagged somewhat behind, together comprising a further 35%.

Among the main suppliers, Poland, with a CAGR of +23.3%, saw the highest rates of growth with regard to 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 plastic support import price stood at $X per ton in 2022, with a decrease of -5% against the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 7.9%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :