Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Finland - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland (CIF) - 2022
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $13,737 per ton in 2022, declining by -9.2% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 81% against the previous year. Over the period under review, average import prices attained the maximum at $23,807 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($174,234 per ton), while the price for Belgium ($2,793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland (FOB) - 2022

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $14,527 per ton in 2022, waning by -12% against the previous year. Over the period under review, the export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 129%. The export price peaked at $21,027 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($20,371 per ton), while the average price for exports to the United States amounted to $5,239 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+73.7%).

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland

For the fourth year in a row, Finland recorded growth in purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, which increased by 16% to 246 tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses expanded rapidly to $3.4M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Finland in 2022:

1. Germany (89.8 tons)
2. Sweden (33.1 tons)
3. Netherlands (30.4 tons)
4. Denmark (26.5 tons)
5. China (19.7 tons)
6. France (17.2 tons)
7. Belgium (10.5 tons)
8. Russia (2.4 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Finland

In 2022, overseas shipments of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -43.9% to 11 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous decline. The growth pace was the most rapid in 2020 when exports increased by 22%. As a result, the exports reached the peak of 28 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses shrank significantly to $153K in 2022. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $410K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Finland in 2022:

1. Russia (6.0 tons)
2. United States (4.4 tons)

Source: IndexBox Market Intelligence Platform