Finland: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Finland

The Finnish sulphides, dithionites and sulphoxylates market surged to $X in 2022, growing by 37% against the previous year. In general, consumption saw noticeable growth. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Finland

In value terms, sulphides, dithionites and sulphoxylates production reduced modestly to $X in 2022 estimated in export price. In general, production saw a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by 21%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Finland

In 2022, the amount of sulphides, polysulphides, dithionites and sulphoxylates exported from Finland contracted markedly to X tons, with a decrease of -61.6% compared with the previous year's figure. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 312% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports contracted significantly to $X in 2022. Overall, exports showed a sharp curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 363% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from Finland, with a 71% share of total exports. Moreover, sulphides, dithionites and sulphoxylates exports to Russia exceeded the volume sent to the second major destination, Estonia (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled -11.5%.

In value terms, Russia ($X) remains the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from Finland, comprising 81% of total exports. The second position in the ranking was taken by Estonia ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -10.6%.

Export Prices by Country

The average sulphides, dithionites and sulphoxylates export price stood at $X per ton in 2022, rising by 24% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates export price increased by +12.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 30%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Finland

Sulphides, dithionites and sulphoxylates imports into Finland was estimated at X tons in 2022, surging by 7.2% on the year before. Overall, imports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 72% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 64%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), Belgium (X tons) and France (X tons) were the main suppliers of sulphides, dithionites and sulphoxylates imports to Finland, together accounting for 93% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +63.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sulphides, dithionites and sulphoxylates suppliers to Finland were Italy ($X), Belgium ($X) and France ($X), with a combined 91% share of total imports.

Italy, with a CAGR of +57.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, growing by 42% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates import price increased by +62.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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