Finland - Polishes And Creams For Footwear Or Leather - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Polishes And Creams For Footwear Or Leather - Market Analysis, Forecast, Size, Trends And Insights

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Footwear Treatments Price in Finland - 2023

Contents:

  1. Footwear Treatments Price in Finland (CIF) - 2022
  2. Footwear Treatments Price in Finland (FOB) - 2022
  3. Footwear Treatments Imports in Finland
  4. Footwear Treatments Exports in Finland

Footwear Treatments Price in Finland (CIF) - 2022

The average footwear treatments import price stood at $8,130 per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of 47%. The import price peaked at $12,079 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 Sweden ($17,029 per ton), while the price for Spain ($5,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%), while the prices for the other major suppliers experienced a decline.

Footwear Treatments Price in Finland (FOB) - 2022

In 2022, the average footwear treatments export price amounted to $42,741 per ton, with an increase of 126% against the previous year. In general, the export price saw prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($940,096 per ton), while the average price for exports to Latvia ($15,562 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 Kazakhstan (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Treatments Imports in Finland

In 2022, approx. 131 tons of polishes and creams for footwear or leather were imported into Finland; reducing by -3.3% on 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +56.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, imports reached the peak of 135 tons, and then declined slightly in the following year.

In value terms, footwear treatments imports reduced slightly to $1.1M in 2022. Overall, imports showed a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 8%.

Import of Footwear Treatments in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany447296348367-6.4%
Poland148155110127-5.0%
United States51.310191.110627.4%
United Kingdom157163153105-12.5%
Spain11610992.186.5-9.3%
Sweden83.659.473.755.7-12.7%
Netherlands47.340.552.934.2-10.2%
Italy58.031.339.028.0-21.6%
Others89.653.212815319.5%
Total1,1981,0081,0891,063-3.9%

Top Suppliers of Footwear Treatments to Finland in 2022:

  1. Germany (58.6 tons)
  2. Spain (15.1 tons)
  3. United States (11.8 tons)
  4. United Kingdom (11.8 tons)
  5. Poland (10.7 tons)
  6. Netherlands (5.6 tons)
  7. Italy (4.1 tons)
  8. Sweden (3.3 tons)

Footwear Treatments Exports in Finland

In 2022, shipments abroad of polishes and creams for footwear or leather decreased by -12.7% to 5.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 98% against the previous year.

In value terms, footwear treatments exports skyrocketed to $246K in 2022. Overall, exports, however, saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Footwear Treatments in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A1280%
Lithuania0.1N/A47.556.4726.2%
Estonia28.027.031.322.4-7.2%
Sweden19.014.222.116.9-3.8%
Norway2.92.54.67.738.5%
Latvia5.74.72.44.5-7.6%
United States0.41.61.54.0115.4%
Russia3.114.99.20.5-45.6%
Others11.09.16.25.9-18.8%
Total70.173.912524652.0%

Top Export Markets for Footwear Treatments from Finland in 2022:

  1. Lithuania (3322.0 kg)
  2. Estonia (1140.0 kg)
  3. Latvia (292.0 kg)
  4. Sweden (233.0 kg)
  5. Norway (211.0 kg)
  6. Kazakhstan (136.0 kg)
  7. United States (112.0 kg)
  8. Russia (32.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the footwear treatments 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 20414330 - Polishes, creams and similar preparations, for footwear or leather (excluding artificial and prepared waxes)

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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