Report Update Nov 1, 2024

Finland - Toluene - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Toluene Market 2024

Toluene Market Size in Finland

The Finnish toluene market skyrocketed to $X in 2021, with an increase of 47% 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, however, showed a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Toluene Exports

Exports from Finland

In 2021, overseas shipments of toluene decreased by -66% to X tons, falling for the third year in a row after three years of growth. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 924% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, toluene exports contracted remarkably to $X in 2021. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 743%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Estonia (X tons) and Lithuania (X tons) were the main destinations of toluene exports from Finland.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +13.0%).

In value terms, the largest markets for toluene exported from Finland were Estonia ($X) and Lithuania ($X).

In terms of the main countries of destination, Estonia, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average toluene export price stood at $X per ton in 2021, surging by 33% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Estonia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+15.6%), while the prices for the other major destinations experienced a decline.

Toluene Imports

Imports into Finland

After four years of decline, supplies from abroad of toluene increased by 55% to X tons in 2021. In general, imports, however, saw a pronounced decrease. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, toluene imports surged to $X in 2021. Overall, imports, however, continue to indicate a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of toluene to Finland, with a 82% share of total imports. Moreover, toluene imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +24.8%.

In value terms, Germany ($X) constituted the largest supplier of toluene to Finland, comprising 80% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +15.8%.

Import Prices by Country

The average toluene import price stood at $X per ton in 2021, which is down by -8.6% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for toluene in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 48% share of global consumption. These countries were followed by Japan, Taiwan Chinese), Brazil, Germany, Russia, the UK, Italy, South Korea, Iran and Spain, which together accounted for a further 29%.

What are the largest producers of toluene in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 44% share of global production. India, Germany, Brazil, Taiwan Chinese), Thailand, Russia, the UK, Italy, Singapore and Spain lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of toluene to Finland?

In value terms, Germany constituted the largest supplier of toluene to Finland, comprising 80% of total imports. The second position in the ranking was occupied by Belgium, with an 18% share of total imports.

What are the leading importers of toluene from Finland?

In value terms, the largest markets for toluene exported from Finland were Estonia and Lithuania.

What is the average export price for toluene in Finland?

The average toluene export price stood at $1,540 per ton in 2021, jumping by 33% against the previous year.

What is the average import price for toluene in Finland?

The average toluene import price stood at $776 per ton in 2021, falling by -8.6% against the previous year.

This report provides an in-depth analysis of the toluene 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 20141225 - Toluene

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:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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