Finland: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in Finland

The Finnish fluorescent brightening agents market declined notably to $X in 2022, dropping by -18.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt slump. Fluorescent brightening agents consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fluorescent Brightening Agents Exports

Exports from Finland

In 2022, overseas shipments of synthetic organic products used as fluorescent brightening agents decreased by -18% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2020 when exports increased by 241%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, fluorescent brightening agents exports soared to $X in 2022. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 161%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for fluorescent brightening agents exports from Finland, accounting for a 84% share of total exports. Moreover, fluorescent brightening agents exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at +119.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+3.5% per year) and Russia (-41.2% per year).

In value terms, the largest markets for fluorescent brightening agents exported from Finland were Sweden ($X), Norway ($X) and Russia ($X), together comprising 99.9% of total exports.

Sweden, with a CAGR of +90.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average fluorescent brightening agents export price stood at $X per ton in 2022, with an increase of 62% against the previous year. Over the period under review, the export price showed tangible growth. The pace of growth appeared the most rapid in 2018 an increase of 519% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden ($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 (+23.7%), while the prices for the other major destinations experienced mixed trend patterns.

Fluorescent Brightening Agents Imports

Imports into Finland

In 2022, imports of synthetic organic products used as fluorescent brightening agents into Finland fell to X tons, declining by -14.3% on the previous year. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 26%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports declined rapidly to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 33%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of fluorescent brightening agents imports to Finland, with a combined 81% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +8.7%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the largest fluorescent brightening agents suppliers to Finland, together accounting for 79% of total imports.

Among the main suppliers, China, with a CAGR of +8.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average fluorescent brightening agents import price stood at $X per ton in 2022, shrinking by -5.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 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 Taiwan (Chinese) ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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