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Finland - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Industrial Diamond Market Overview 2021

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Industrial Diamond Market Size in Finland

In 2020, the Finnish industrial diamond market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Industrial Diamond Exports

Exports from Finland

Industrial diamond exports from Finland expanded rapidly to X kg in 2020, increasing by X% against the year before. Overall, exports posted a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the near future.

In value terms, industrial diamond exports rose significantly to $X in 2020. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2016 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for industrial diamond exports from Finland, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) also remains the key foreign market for industrial diamond exports from Finland.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands stood at +X%.

Export Prices by Country

The average industrial diamond export price stood at $X per kg in 2020, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, export price reached the peak level of $X per kg. From 2016 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2020, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Industrial Diamond Imports

Imports into Finland

In 2020, overseas purchases of diamonds (industrial) decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, imports saw a perceptible decrease. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, industrial diamond imports fell to $X in 2020. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Belgium (X tonnes) was the main supplier of industrial diamond to Finland, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Belgium stood at -X%.

In value terms, Belgium ($X) constituted the largest supplier of industrial diamond to Finland.

From 2007 to 2020, the average annual growth rate of value from Belgium stood at -X%.

Import Prices by Country

In 2020, the average industrial diamond import price amounted to $X per kg, dropping by -X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per kg in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2007 to 2020, the rate of growth in terms of prices for Belgium amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds (industrial) in the world?
+
Canada (90K tonnes) remains the largest industrial diamond consuming country worldwide, accounting for 46% of total volume. Moreover, industrial diamond consumption in Canada exceeded the figures recorded by the second-largest consumer, China (29K tonnes), threefold. The third position in this ranking was occupied by the United Arab Emirates (25K tonnes), with a 13% share.
What are the largest producers of diamonds (industrial) in the world?
+
Canada (90K tonnes) remains the largest industrial diamond producing country worldwide, accounting for 69% of total volume. Moreover, industrial diamond production in Canada exceeded the figures recorded by the second-largest producer, Angola (5.6K tonnes), more than tenfold. The third position in this ranking was occupied by China (5K tonnes), with a 3.8% share.
What are the leading suppliers of diamonds (industrial) to Finland?
+
In value terms, Belgium ($1.2K) constituted the largest supplier of industrial diamond to Finland.
What are the leading importers of diamonds (industrial) from Finland?
+
In value terms, the Netherlands ($2.4K) remains the key foreign market for industrial diamond exports from Finland.
What is the average export price for diamonds (industrial) in Finland?
+
The average industrial diamond export price stood at $51 per kg in 2020, therefore, remained relatively stable against the previous year.
What is the average import price for diamonds (industrial) in Finland?
+
The average industrial diamond import price stood at $1.9 per kg in 2020, reducing by -10.4% against the previous year.

Product coverage:
• Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

This report provides an in-depth analysis of the industrial diamond 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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