Finland: Cement Plate Market Overview 2020

Cement Plate Market Size in Finland

The revenue of the cement plate market in Finland amounted to $X in 2018, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, cement plate consumption continues to indicate an abrupt descent. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Cement plate consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Cement Plate Exports

Exports from Finland

In 2018, the amount of cement plates, sticks, tips and the like for tools exported from Finland amounted to X tonnes, going down by -X% against the previous year. In general, cement plate exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, cement plate exports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, cement plate exports totaled $X in 2018. Overall, cement plate exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. In that year, cement plate exports reached their peak of $X. From 2014 to 2018, the growth of cement plate exports remained at a somewhat lower figure.

Exports by Country

Luxembourg (X tonnes) was the main destination for cement plate exports from Finland, with a X% share of total exports. Moreover, cement plate exports to Luxembourg exceeded the volume sent to the second major destination, Russia (X kg), fourfold. Japan (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Luxembourg was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Japan (+X% per year).

In value terms, Russia ($X) remains the key foreign market for cement plate exports from Finland, comprising X% of total cement plate exports. The second position in the ranking was occupied by Luxembourg ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (-X% per year) and Latvia (+X% per year).

Export Prices by Country

In 2018, the average cement plate export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the cement plate export price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. In that year, the average export prices for cement plates, sticks, tips and the like for tools attained their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average export prices for cement plates, sticks, tips and the like for tools remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Russia ($X per tonne), while the average price for exports to Luxembourg ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced a decline.

Cement Plate Imports

Imports into Finland

In 2018, the imports of cement plates, sticks, tips and the like for tools into Finland totaled X tonnes, falling by -X% against the previous year. Overall, cement plate imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, cement plate imports totaled $X in 2018. In general, cement plate imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest cement plate supplier to Finland, with a X% share of total imports. Moreover, cement plate imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and India (+X% per year).

In value terms, Belgium ($X), Germany ($X) and China ($X) were the largest cement plate suppliers to Finland, with a combined X% share of total imports. Japan, the U.S., India, Mexico, Austria and Brazil lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cement plate import price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the import price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform