Report Update: May 1, 2024

Finland - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Unvulcanized Rubber Price in Finland - 2023

Unvulcanized Rubber Price in Finland (CIF) - 2023

In August 2023, the average unvulcanized rubber import price amounted to $4,349 per ton, which is down by -9.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 33% month-to-month. As a result, import price attained the peak level of $5,939 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($8,837 per ton), while the price for China ($1,318 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Unvulcanized Rubber Price in Finland (FOB) - 2022

The average unvulcanized rubber export price stood at $11,245 per ton in 2022, surging by 83% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue 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 Austria ($26,440 per ton), while the average price for exports to Estonia ($6,817 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 Denmark (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports in Finland

In 2022, imports of unvulcanized rubber and articles thereof into Finland reached 8.1K tons, remaining stable against 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 3.5%.

In value terms, unvulcanized rubber imports rose to $40M in 2022. In general, imports, however, continue to indicate a mild reduction. The growth pace was the most rapid in 2021 with an increase of 8.9%.

Import of Unvulcanized Rubber in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	11.6	12.1	12.7	13.0	3.9%
Sweden	6.5	5.3	5.8	4.9	-9.0%
Turkey	0.9	0.8	1.3	2.4	38.7%
China	1.2	1.4	1.7	2.2	22.4%
Italy	1.8	2.2	1.5	2.0	3.6%
United Kingdom	0.8	0.9	2.0	2.0	35.7%
Poland	0.2	0.4	0.6	1.6	100.0%
Spain	0.8	0.7	1.0	1.3	17.6%
Slovakia	1.2	1.2	1.0	1.1	-2.9%
Netherlands	0.8	1.0	1.0	0.9	4.0%
Czech Republic	0.7	1.0	0.7	0.8	4.6%
India	0.9	0.6	0.8	0.7	-8.0%
Russia	3.7	1.2	1.0	0.5	-48.7%
Others	10.3	6.4	6.9	6.6	-13.8%
Total	41.4	35.1	38.3	40.0	-1.1%

Top Suppliers of Unvulcanized Rubber to Finland in 2022:

Germany (2186.2 tons)
China (1116.3 tons)
Sweden (933.7 tons)
Turkey (641.8 tons)
Italy (449.1 tons)
Spain (294.3 tons)
India (273.7 tons)
Russia (244.1 tons)
United Kingdom (219.8 tons)
Czech Republic (207.6 tons)
Poland (202.2 tons)
Netherlands (188.0 tons)
Slovakia (159.9 tons)

Unvulcanized Rubber Exports in Finland

After three years of growth, overseas shipments of unvulcanized rubber and articles thereof decreased by -56.6% to 1.1K tons in 2022. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports reached the peak of 2.6K tons, and then reduced remarkably in the following year.

In value terms, unvulcanized rubber exports dropped markedly to $13M in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports reached the peak of $16M, and then contracted remarkably in the following year.

Export of Unvulcanized Rubber in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	3,171	4,715	6,887	3,353	1.9%
Sweden	1,626	1,919	1,848	1,741	2.3%
Estonia	1,479	1,256	1,218	1,593	2.5%
Norway	657	616	761	843	8.7%
Czech Republic	1,056	1,008	940	684	-13.5%
Netherlands	523	401	605	573	3.1%
Austria	226	430	408	465	27.2%
Hungary	232	315	429	408	20.7%
Poland	335	414	364	328	-0.7%
France	107	78.3	277	227	28.5%
Germany	201	177	197	208	1.1%
United States	1,174	171	265	189	-45.6%
Others	2,167	2,250	1,965	2,251	1.3%
Total	12,954	13,750	16,165	12,862	-0.2%

Top Export Markets for Unvulcanized Rubber from Finland in 2022:

Russia (398.0 tons)
Estonia (233.7 tons)
Sweden (134.0 tons)
Norway (69.1 tons)
Hungary (44.3 tons)
Netherlands (40.4 tons)
Czech Republic (35.3 tons)
France (21.4 tons)
Poland (19.1 tons)
Austria (17.6 tons)
Germany (17.5 tons)
United States (4.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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