Finland - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Finland - 2023
Contents:
- Isocyanates Price in Finland (CIF) - 2023
- Isocyanates Price in Finland (FOB) - 2022
- Isocyanates Imports in Finland
- Isocyanates Exports in Finland
Isocyanates Price in Finland (CIF) - 2023
The average isocyanates import price stood at $7,943 per ton in June 2023, with an increase of 12% against the previous month. Overall, the import price continues to indicate measured growth. The pace of growth appeared the most rapid in October 2022 an increase of 154% month-to-month. As a result, import price attained the peak level of $15,347 per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From June 2022 to June 2023, the rate of growth in terms of prices for Hungary amounted to +10.2% per month.
Isocyanates Price in Finland (FOB) - 2022
The average isocyanates export price stood at $3,705 per ton in 2022, reducing by -35.4% against the previous year. Overall, the export price showed a significant decline. The pace of growth was the most pronounced in 2018 an increase of 104%. The export price peaked at $37,380 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($4,222 per ton), while the average price for exports to Russia ($3,626 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 (+231.3%), while the prices for the other major destinations experienced a decline.
Isocyanates Imports in Finland
Isocyanates imports into Finland fell dramatically to 1.1K tons in 2022, with a decrease of -22.8% compared with 2021. Overall, imports saw a deep downturn. The smallest decline of -1.4% was in 2020.
In value terms, isocyanates imports dropped to $5M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $5.6M, and then dropped in the following year.
| Import of Isocyanates in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,172 | 1,835 | 2,692 | 1,624 | -9.2% |
| Sweden | 1,202 | 880 | 1,106 | 1,222 | 0.6% |
| Hungary | 591 | 532 | 768 | 617 | 1.4% |
| Netherlands | 363 | 433 | 414 | 429 | 5.7% |
| Japan | 133 | 0.1 | 248 | 391 | 43.3% |
| United States | 9.3 | 58.9 | 70.0 | 171 | 163.9% |
| Belgium | 140 | 187 | 0.2 | 162 | 5.0% |
| United Kingdom | 157 | 153 | 118 | 126 | -7.1% |
| Others | 125 | 194 | 186 | 286 | 31.8% |
| Total | 4,893 | 4,273 | 5,603 | 5,029 | 0.9% |
Top Suppliers of Isocyanates to Finland in 2022:
- Germany (527.7 tons)
- Hungary (175.2 tons)
- Netherlands (139.1 tons)
- Sweden (71.9 tons)
- Belgium (43.2 tons)
- Japan (42.5 tons)
- United States (40.5 tons)
- United Kingdom (13.0 tons)
Isocyanates Exports in Finland
In 2022, isocyanates exports from Finland surged to 132 tons, picking up by 3,339% against 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, isocyanates exports skyrocketed to $488K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Isocyanates in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 21.9 | 10.0 | 16.2 | 453 | 174.5% |
| Belarus | N/A | N/A | N/A | 19.0 | 0% |
| Estonia | 19.3 | 6.2 | 5.4 | 5.0 | -36.3% |
| Others | 6.6 | 0.8 | 0.4 | 12.0 | 22.1% |
| Total | 47.9 | 17.0 | 22.0 | 488 | 116.8% |
Top Export Markets for Isocyanates from Finland in 2022:
- Russia (124.8 tons)
- Belarus (5.0 tons)
- Estonia (1.2 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
354
This report provides an in-depth analysis of the isocyanates market in Finland.
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This report provides an in-depth analysis of the global isocyanates market.
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This report provides an in-depth analysis of the isocyanates market in Finland.
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This report provides an in-depth analysis of the market for compounds with other nitrogen function in Finland.
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This report provides an in-depth analysis of the global isocyanates market.
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This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
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