Finland: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2023

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Finland

In 2021, the Finnish market for building blocks and bricks of cement, concrete or artificial stone increased by 8.3% to $X, rising for the second year in a row after six years of decline. Over the period under review, consumption, however, recorded a abrupt decrease. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in Finland

In value terms, production of building blocks and bricks of cement, concrete or artificial stone expanded sharply to $X in 2021 estimated in export price. In general, production, however, showed a abrupt contraction. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports from Finland

In 2021, overseas shipments of building blocks and bricks of cement, concrete or artificial stone were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 577% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone surged to $X in 2021. Overall, exports, however, faced a precipitous setback. The growth pace was the most rapid in 2018 with an increase of 523%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for exports of building blocks and bricks of cement, concrete or artificial stone from Finland, accounting for a 40% share of total exports. Moreover, exports of building blocks and bricks of cement, concrete or artificial stone to Norway exceeded the volume sent to the second major destination, Estonia (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+2.8% per year) and Sweden (-28.3% per year).

In value terms, Norway ($X) emerged as the key foreign market for building blocks and bricks of cement, concrete or artificial stone exports from Finland, comprising 38% of total exports. The second position in the ranking was held by Poland ($X), with a 19% share of total exports. It was followed by Sweden, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-20.8% per year) and Sweden (-26.9% per year).

Export Prices by Country

In 2021, the average export price for building blocks and bricks of cement, concrete or artificial stone amounted to $X per ton, reducing by -15.8% against the previous year. In general, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for building blocks and bricks of cement, concrete or artificial stone increased by +49.4% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. As a result, the export price attained the peak level of $X per ton, and then contracted markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports into Finland

In 2021, the amount of building blocks and bricks of cement, concrete or artificial stone imported into Finland contracted to X tons, which is down by -10.9% against 2020. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 18%. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone contracted to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 36% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Estonia (X tons) was the main building blocks and bricks of cement, concrete or artificial stone supplier to Finland, with a 95% share of total imports. It was followed by Poland (X tons), with a 1.5% share of total imports. Sweden (X tons) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Estonia totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+32.7% per year) and Sweden (-1.7% per year).

In value terms, Estonia ($X) constituted the largest supplier of building blocks and bricks of cement, concrete or artificial stone to Finland, comprising 91% of total imports. The second position in the ranking was taken by Sweden ($X), with a 6% share of total imports. It was followed by Poland, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Estonia stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+12.9% per year) and Poland (+35.9% per year).

Import Prices by Country

The average import price for building blocks and bricks of cement, concrete or artificial stone stood at $X per ton in 2021, stabilizing at the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2018 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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