Report Update Nov 1, 2024

Finland - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Sulphuric Acid Market 2024

Sulphuric Acid Market Size in Finland

The Finnish sulphuric acid market soared to $X in 2022, increasing by 37% against the previous year. Over the period under review, consumption showed a buoyant increase. Sulphuric acid consumption peaked in 2022 and is expected to retain growth in the immediate term.

Sulphuric Acid Production in Finland

In value terms, sulphuric acid production soared to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Sulphuric Acid Exports

Exports from Finland

Sulphuric acid exports from Finland declined markedly to X tons in 2014, shrinking by -30.3% on the year before. Overall, exports saw a precipitous shrinkage. The exports peaked at X tons in 2012; however, from 2013 to 2014, the exports failed to regain momentum.

In value terms, sulphuric acid exports fell significantly to $X in 2014. Over the period under review, exports showed a significant curtailment. The smallest decline of -28.3% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2014, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), Morocco (X tons) and the UK (X tons) were the main destinations of sulphuric acid exports from Finland, together accounting for 74% of total exports.

From 2012 to 2014, the biggest increases were recorded for Morocco (with a CAGR of +1,157.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Morocco ($X) and the UK ($X) were the largest markets for sulphuric acid exported from Finland worldwide, together comprising 51% of total exports.

In terms of the main countries of destination, Morocco, with a CAGR of +1,540.6%, 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

The average sulphuric acid export price stood at $X per ton in 2014, picking up by 1.6% against the previous year. Over the last two years, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2013 an increase of 3.8% against the previous year. The export price peaked in 2014 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphuric Acid Imports

Imports into Finland

In 2022, purchases abroad of sulphuric acid and oleum increased by 7.3% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a precipitous slump. The most prominent rate of growth was recorded in 2018 when imports increased by 106% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sulphuric acid imports stood at $X in 2022. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 42% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) was the main sulphuric acid supplier to Finland, accounting for a 94% share of total imports. It was followed by Norway (X tons), with a 2.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to -26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+40.5% per year) and Germany (+10.6% per year).

In value terms, Sweden ($X) constituted the largest supplier of sulphuric acid and oleum to Finland, comprising 87% of total imports. The second position in the ranking was held by Norway ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+66.5% per year) and Germany (+6.6% per year).

Import Prices by Country

The average sulphuric acid import price stood at $X per ton in 2022, with an increase of 2% against the previous year. Over the period under review, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 2,807% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+24.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphuric acid and oleum in the world?

The country with the largest volume of sulphuric acid consumption was China, accounting for 25% of total volume. Moreover, sulphuric acid consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 9.3% share.

What are the largest producers of sulphuric acid and oleum in the world?

China remains the largest sulphuric acid producing country worldwide, accounting for 27% of total volume. Moreover, sulphuric acid production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by the United States, with a 9.9% share.

What are the leading suppliers of sulphuric acid and oleum to Finland?

In value terms, Sweden constituted the largest supplier of sulphuric acid to Finland, comprising 74% of total imports. The second position in the ranking was occupied by Germany, with a 26% share of total imports.

What are the leading importers of sulphuric acid and oleum from Finland?

In value terms, the United States, the UK and Sweden constituted the largest markets for sulphuric acid exported from Finland worldwide, together accounting for 98% of total exports.

What is the average export price for sulphuric acid and oleum in Finland?

The average sulphuric acid export price stood at $93 per ton in 2021, leveling off at the previous year.

What is the average import price for sulphuric acid and oleum in Finland?

The average sulphuric acid import price stood at $135 per ton in 2021, rising by 35% against the previous year.

This report provides an in-depth analysis of the sulphuric acid market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132434 - Sulphuric acid, oleum

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023