Finland - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSilicon Dioxide Price in Finland - 2023
Contents:
- Silicon Dioxide Price in Finland (FOB) - 2023
- Silicon Dioxide Price in Finland (CIF) - 2022
- Silicon Dioxide Exports in Finland
- Silicon Dioxide Imports in Finland
Silicon Dioxide Price in Finland (FOB) - 2023
The average silicon dioxide export price stood at $1,826 per ton in August 2023, picking up by 1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 an increase of 9.9% m-o-m. As a result, the export price reached the peak level of $1,939 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the United States ($2,708 per ton), while the average price for exports to the Netherlands ($1,119 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Silicon Dioxide Price in Finland (CIF) - 2022
The average silicon dioxide import price stood at $2,098 per ton in 2022, surging by 12% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicon dioxide import price increased by +68.5% against 2014 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($6,048 per ton), while the price for Norway ($410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicon Dioxide Exports in Finland
Silicon dioxide exports from Finland skyrocketed to 30K tons in 2022, picking up by 21% on 2021. The total export volume increased at an average annual rate of +20.9% over the period from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicon dioxide exports surged to $52M in 2022. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +38.8% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Silicon Dioxide in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Germany | 10.3 | 14.9 | 44.7% | ||
Poland | 5.1 | 6.9 | 35.3% | ||
Russia | 1.7 | 6.2 | 264.7% | ||
United States | 9.5 | 5.5 | -42.1% | ||
Slovakia | 2.2 | 4.7 | 113.6% | ||
France | 1.8 | 2.4 | 33.3% | ||
Nigeria | N/A | 2.2 | 0% | ||
Bulgaria | 0.4 | 1.3 | 225.0% | ||
Netherlands | 0.4 | 1.1 | 175.0% | ||
Spain | 0.6 | 1.1 | 83.3% | ||
United Kingdom | 0.7 | 0.5 | -28.6% | ||
Brazil | 0.7 | 0.4 | -42.9% | ||
Others | 3.8 | 4.4 | 15.8% | ||
Total | 37.3 | 51.8 | 38.9% |
Top Export Markets for Silicon Dioxide from Finland in 2022:
- Germany (8.0K tons)
- Poland (5.5K tons)
- Slovakia (3.4K tons)
- Russia (3.1K tons)
- United States (2.4K tons)
- France (1.7K tons)
- Nigeria (1.3K tons)
- Bulgaria (0.8K tons)
- Netherlands (0.6K tons)
- Spain (0.6K tons)
- Brazil (0.4K tons)
- United Kingdom (0.4K tons)
Silicon Dioxide Imports in Finland
Silicon dioxide imports into Finland expanded sharply to 5.4K tons in 2022, increasing by 11% on the previous year's figure. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, silicon dioxide imports skyrocketed to $11M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +54.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Silicon Dioxide in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 421 | 355 | 1,568 | 2,980 | 92.0% |
Germany | 2,587 | 3,246 | 3,246 | 2,967 | 4.7% |
China | 361 | 205 | 281 | 1,398 | 57.0% |
Poland | 542 | 145 | 130 | 647 | 6.1% |
Netherlands | 1,352 | 516 | 976 | 532 | -26.7% |
United States | 1,908 | 679 | 369 | 428 | -39.2% |
Norway | 739 | 301 | 194 | 337 | -23.0% |
Sweden | 92.6 | 723 | 556 | 335 | 53.5% |
Others | 548 | 1,210 | 1,790 | 1,740 | 47.0% |
Total | 8,552 | 7,381 | 9,110 | 11,365 | 9.9% |
Top Suppliers of Silicon Dioxide to Finland in 2022:
- France (1284.4 tons)
- China (905.0 tons)
- Norway (821.3 tons)
- Germany (779.5 tons)
- Sweden (735.9 tons)
- Poland (299.0 tons)
- Netherlands (227.5 tons)
- United States (89.6 tons)
This report provides an in-depth analysis of the silicon dioxide 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 20132475 - Silicon dioxide
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
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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
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