Finland - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 4, 2024

Finland - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights

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Sulphates Price in Finland - 2023

Contents:

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

Sulphates Price in Finland (CIF) - 2022

The average sulphates import price stood at $320 per ton in 2022, falling by -4.3% against the previous year. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. The import price peaked at $487 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,733 per ton), while the price for Austria ($124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.2%), while the prices for the other major suppliers experienced a decline.

Sulphates Price in Finland (FOB) - 2022

The average sulphates export price stood at $225 per ton in 2022, increasing by 17% against the previous year. Overall, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 94% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,066 per ton), while the average price for exports to the United States ($43 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 Italy (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates Imports in Finland

In 2022, overseas purchases of sulphates (excluding those of aluminium and barium) decreased by -1.9% to 120K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 30%. As a result, imports attained the peak of 129K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphates imports dropped to $38M in 2022. Overall, imports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 13%.

Import of Sulphates in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.123.423.820.3-1.3%
Netherlands0.31.32.24.6148.4%
Spain3.23.35.63.85.9%
China1.91.21.42.25.0%
Belgium5.21.41.41.1-40.4%
Russia6.22.54.01.1-43.8%
Austria0.70.50.20.2-34.1%
Others5.32.52.24.9-2.6%
Total44.036.140.838.3-4.5%

Top Suppliers of Sulphates to Finland in 2022:

  1. Germany (87.6K tons)
  2. Spain (19.7K tons)
  3. Netherlands (2.7K tons)
  4. Austria (1.9K tons)
  5. China (1.3K tons)
  6. Belgium (0.7K tons)
  7. Russia (0.7K tons)

Sulphates Exports in Finland

In 2022, approx. 47K tons of sulphates (excluding those of aluminium and barium) were exported from Finland; with a decrease of -25.6% compared with 2021. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of 64K tons, and then dropped markedly in the following year.

In value terms, sulphates exports fell to $11M in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $12M, and then reduced in the following year.

Export of Sulphates in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru2,8711,5764,3064,14613.0%
United Kingdom1,7431,7362,4511,9974.6%
Sweden9561,0547911,0071.7%
Estonia59552061786113.1%
Kazakhstan3985961,18575523.8%
Germany3.177.655.9730517.5%
Russia4625371,249237-19.9%
Jordan476447131104-39.8%
United States65282717934.4-62.5%
Czech RepublicN/AN/A2480.2-99.9%
Others1,4017281,057778-17.8%
Total9,5578,09912,27110,6503.7%

Top Export Markets for Sulphates from Finland in 2022:

  1. Czech Republic (undefinedK tons)
  2. United Kingdom (11.8K tons)
  3. Peru (10.0K tons)
  4. Sweden (7.3K tons)
  5. Estonia (5.9K tons)
  6. Germany (5.3K tons)
  7. Kazakhstan (2.4K tons)
  8. Russia (1.6K tons)
  9. United States (0.8K tons)
  10. Jordan (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sulphates 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 20134157 - Sulphates (excluding those of aluminium and barium)

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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