Finland: Plastic Bottle Market 2024

Plastic Bottle Market Size in Finland

In 2022, the Finnish plastic bottle market increased by X% to $X, rising for the seventh year in a row after two years of decline. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Plastic bottle consumption peaked in 2022 and is expected to retain growth in the near future.

Plastic Bottle Production in Finland

In value terms, plastic bottle production fell to $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2020 with an increase of X%. Plastic bottle production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Plastic Bottle Exports

Exports from Finland

In 2022, overseas shipments of carboys, bottles and similar articles of plastics increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic bottle exports reduced to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Sweden (X tons) was the main destination for plastic bottle exports from Finland, with a X% share of total exports. Moreover, plastic bottle exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), sixfold. Denmark (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Sweden ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

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: Estonia (X% per year) and Russia (X% per year).

Export Prices by Country

The average plastic bottle export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia ($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 Russia (X%), while the prices for the other major destinations experienced a decline.

Plastic Bottle Imports

Imports into Finland

For the fourth consecutive year, Finland recorded growth in purchases abroad of carboys, bottles and similar articles of plastics, which increased by X% to X tons in 2022. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, plastic bottle imports totaled $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest plastic bottle supplier to Finland, with a X% share of total imports. Moreover, plastic bottle imports from Lithuania exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the Netherlands (X% per year).

In value terms, Lithuania ($X) constituted the largest supplier of carboys, bottles and similar articles of plastics to Finland, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average plastic bottle import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 Germany ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :