Finland: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Finland

For the third consecutive year, the Finnish market for drawn glass and blown glass recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a drastic downturn. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Drawn Glass And Blown Glass

Exports from Finland

In 2022, the amount of drawn glass and blown glass exported from Finland surged to X square meters, increasing by X% compared with the year before. Overall, exports, however, showed a abrupt slump. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports soared to $X in 2022. In general, exports, however, faced a abrupt curtailment. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for drawn glass and blown glass exports from Finland, accounting for a X% share of total exports. Moreover, drawn glass and blown glass exports to the United States exceeded the volume sent to the second major destination, Estonia (X square meters), more than tenfold. The third position in this ranking was held by Germany (X square meters), with a X% share.

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

In value terms, the largest markets for drawn glass and blown glass exported from Finland were the United States ($X), the UK ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by Estonia, which accounted for a further X%.

Among the main countries of destination, Estonia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Estonia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Drawn Glass And Blown Glass

Imports into Finland

For the third consecutive year, Finland recorded decline in purchases abroad of drawn glass and blown glass, which decreased by X% to X square meters in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, drawn glass and blown glass imports contracted sharply to $X in 2022. Overall, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X square meters) constituted the largest supplier of drawn glass and blown glass to Finland, accounting for a X% share of total imports. Moreover, drawn glass and blown glass imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X square meters), twofold. The third position in this ranking was taken by Estonia (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Estonia (X% per year).

In value terms, the largest drawn glass and blown glass suppliers to Finland were Germany ($X), Belgium ($X) and Estonia ($X), with a combined X% share of total imports.

Among the main suppliers, Belgium, with a CAGR of X%, saw the highest growth rate of 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 import price for drawn glass and blown glass stood at $X per square meter in 2022, jumping by X% against the previous year. Overall, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($X per square meter), while the price for the Netherlands ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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