Finland - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights

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Bituminous Mixtures Price in Finland - 2023

Contents:

  1. Bituminous Mixtures Price in Finland (CIF) - 2023
  2. Bituminous Mixtures Price in Finland (FOB) - 2022
  3. Bituminous Mixtures Imports in Finland
  4. Bituminous Mixtures Exports in Finland

Bituminous Mixtures Price in Finland (CIF) - 2023

In June 2023, the average bituminous mixtures import price amounted to $981 per ton, rising by 80% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 124% m-o-m. The import price peaked at $2,774 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,489 per ton), while the price for Estonia ($744 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Bituminous Mixtures Price in Finland (FOB) - 2022

In 2022, the average bituminous mixtures export price amounted to $107 per ton, waning by -57.4% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 81%. Over the period under review, the average export prices attained the peak figure at $467 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,165 per ton), while the average price for exports to Sweden ($99 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 (+27.1%), while the prices for the other major destinations experienced mixed trend patterns.

Bituminous Mixtures Imports in Finland

In 2022, imports of bituminous mixtures into Finland surged to 16K tons, jumping by 138% compared with the year before. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 553% against the previous year. As a result, imports reached the peak of 48K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bituminous mixtures imports skyrocketed to $15M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 356% against the previous year. As a result, imports attained the peak of $39M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Bituminous Mixtures in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia5.9N/AN/A4.0-12.2%
Sweden0.29.00.33.6162.1%
Netherlands0.20.30.32.3125.7%
PolandN/AN/AN/A2.30%
Estonia0.50.81.31.440.9%
SpainN/AN/AN/A0.60%
SingaporeN/A11.2N/AN/A0%
Others1.717.89.20.8-22.2%
Total8.639.111.115.020.4%

Top Suppliers of Bituminous Mixtures to Finland in 2022:

  1. Latvia (6.7K tons)
  2. Sweden (2.9K tons)
  3. Estonia (1.9K tons)
  4. Poland (1.5K tons)
  5. Netherlands (1.1K tons)
  6. Spain (1.0K tons)

Bituminous Mixtures Exports in Finland

In 2022, approx. 32K tons of bituminous mixtures were exported from Finland; with an increase of 731% compared with the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bituminous mixtures exports surged to $3.4M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bituminous Mixtures in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1885553793,116155.0%
Russia30823943230.8-53.6%
Others12316414524025.0%
Total6199589573,38776.2%

Top Export Markets for Bituminous Mixtures from Finland in 2022:

  1. Russia (undefinedK tons)
  2. Sweden (31.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bituminous mixtures 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Bituminous Mixtures - Finland