Report Update: May 12, 2024

Finland - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights

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Industrial Fatty Alcohols Price in Finland - 2023

Industrial Fatty Alcohols Price in Finland (CIF) - 2023

The average industrial fatty alcohols import price stood at $1,512 per ton in May 2023, falling by -28.6% against the previous month. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 47% m-o-m. Over the period under review, average import prices attained the peak figure at $2,592 per ton in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From May 2022 to May 2023, the rate of growth in terms of prices for Sweden amounted to -1.6% per month.

Industrial Fatty Alcohols Price in Finland (FOB) - 2022

In 2022, the average industrial fatty alcohols export price amounted to $5,344 per ton, surging by 13% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 2,739% against the previous year. As a result, the export price reached the peak level of $91,048 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($5,400 per ton), while the average price for exports to Estonia ($3,970 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 Poland (+96.1%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Fatty Alcohols Imports in Finland

In 2022, after three years of growth, there was significant decline in overseas purchases of industrial fatty alcohols, when their volume decreased by -17% to 1.3K tons. In general, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 6.8%.

In value terms, industrial fatty alcohols imports surged to $2.9M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Industrial Fatty Alcohols in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	1.9	1.8	2.1	2.4	8.1%
Germany	0.4	0.5	0.2	0.5	7.7%
Others	0.1	N/A	0.1	0.1	0.0%
Total	2.5	2.3	2.4	2.9	5.1%

Top Suppliers of Industrial Fatty Alcohols to Finland in 2022:

Sweden (1210.1 tons)
Germany (118.2 tons)

Industrial Fatty Alcohols Exports in Finland

In 2022, overseas shipments of industrial fatty alcohols decreased by -21% to 3.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 662%.

In value terms, industrial fatty alcohols exports fell to $16K in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 110% against the previous year.

Export of Industrial Fatty Alcohols in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	0.3	4.0	13.6	14.0	260.0%
Estonia	N/A	0.9	1.8	1.3	20.2%
Sweden	N/A	N/A	N/A	0.5	0%
United Arab Emirates	2.1	3.0	N/A	N/A	42.9%
Others	2.2	1.9	3.1	0.6	-35.2%
Total	4.7	9.8	18.5	16.4	51.7%

Top Export Markets for Industrial Fatty Alcohols from Finland in 2022:

Latvia (2600.0 kg)
Estonia (322.0 kg)
Sweden (100.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols

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