Report Update Apr 1, 2024

Finland - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Finland

The Finnish bituminous mixtures market was estimated at $X in 2022, flattening at the previous year. Overall, consumption, however, posted a resilient increase. Bituminous mixtures consumption peaked in 2022 and is expected to retain growth in the near future.

Bituminous Mixtures Production in Finland

In value terms, bituminous mixtures production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Bituminous Mixtures Exports

Exports from Finland

In 2022, approx. X tons of bituminous mixtures were exported from Finland; jumping by X% on the previous year. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bituminous mixtures exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for bituminous mixtures exports from Finland, accounting for a X% share of total exports. It was followed by Russia (X tons), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Norway (X% per year).

In value terms, Sweden ($X) emerged as the key foreign market for bituminous mixtures exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Norway (X% per year).

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden ($X 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 Norway (X%), while the prices for the other major destinations experienced mixed trend patterns.

Bituminous Mixtures Imports

Imports into Finland

In 2022, the amount of bituminous mixtures imported into Finland soared to X tons, with an increase of X% compared with 2021 figures. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bituminous mixtures imports surged to $X in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Latvia (X tons), Sweden (X tons) and Estonia (X tons) were the main suppliers of bituminous mixtures imports to Finland, with a combined X% share of total imports. Poland, Spain and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bituminous mixtures suppliers to Finland were Sweden ($X), Latvia ($X) and Poland ($X), together comprising X% of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bituminous mixtures import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

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 Lithuania ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bituminous mixtures in the world?

China constituted the country with the largest volume of bituminous mixtures consumption, accounting for 21% of total volume. Moreover, bituminous mixtures consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of bituminous mixtures in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together comprising 38% of global production. Japan, France, Russia, Brazil, Italy, the UK, Iran, South Korea, Saudi Arabia and Egypt lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of bituminous mixtures to Finland?

In value terms, Sweden, Latvia and Poland appeared to be the largest bituminous mixtures suppliers to Finland, with a combined 79% share of total imports.

What are the leading importers of bituminous mixtures from Finland?

In value terms, Sweden emerged as the key foreign market for bituminous mixtures exports from Finland, comprising 92% of total exports. The second position in the ranking was taken by Russia, with a 1% share of total exports.

What is the average export price for bituminous mixtures in Finland?

In 2022, the average bituminous mixtures export price amounted to $108 per ton, declining by -57.6% against the previous year.

What is the average import price for bituminous mixtures in Finland?

In 2022, the average bituminous mixtures import price amounted to $847 per ton, which is down by -48% against the previous year.

This report provides an in-depth analysis of the bituminous mixtures 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 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder

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