Finland: Steatite Market 2021

Steatite Market Size in Finland

The Finnish steatite market soared to $X in 2019, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Steatite consumption peaked at $X in 2010; however, from 2011 to 2019, consumption failed to regain the momentum.

Steatite Production in Finland

In value terms, steatite production shrank modestly to $X in 2019 estimated in export prices. Overall, production showed a mild decline. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Steatite production peaked at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Steatite Exports

Exports from Finland

In 2019, approx. X tons of steatites were exported from Finland; reducing by -X% compared with the previous year's figure. Overall, total exports indicated a perceptible increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, steatite exports dropped remarkably to $X in 2019. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X tons) was the main destination for steatite exports from Finland, accounting for a X% share of total exports. Moreover, steatite exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), ninefold. The third position in this ranking was occupied by Poland (X tons), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Poland (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for steatite exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and Poland (+X% per year).

Export Prices by Country

The average steatite export price stood at $X per ton in 2019, waning by -X% against the previous year. In general, the export price showed a perceptible downturn. The growth pace was the most rapid in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per ton. From 2011 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Steatite Imports

Imports into Finland

In 2019, purchases abroad of steatites increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, steatite imports skyrocketed to $X in 2019. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Italy (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of steatite imports to Finland, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and France ($X) appeared to be the largest steatite suppliers to Finland, together comprising X% of total imports.

Italy recorded the highest growth rate of the value of imports, in terms of 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 steatite import price stood at $X per ton in 2019, dropping by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per ton. From 2009 to 2019, the growth in terms of the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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