Finland: Glass Fibre Mat Market 2022

Glass Fibre Mat Market Size in Finland

The Finnish glass fibre mat market surged to $X in 2021, rising by X% against the previous year. Over the period under review, consumption, however, showed a pronounced curtailment. Glass fibre mat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Glass Fibre Mat Production in Finland

In value terms, glass fibre mat production surged to $X in 2021 estimated in export price. In general, production, however, recorded a sharp decline. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Glass Fibre Mat Exports

Exports from Finland

Glass fibre mat exports from Finland amounted to X tons in 2021, flattening at the previous year's figure. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, glass fibre mat exports amounted to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Belgium (X tons) and France (X tons) were the main destinations of glass fibre mat exports from Finland, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

It was followed by the UK, with less than X% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the UK (X% per year).

Export Prices by Country

In 2021, the average glass fibre mat export price amounted to $X per ton, stabilizing at the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to France ($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 Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Glass Fibre Mat Imports

Imports into Finland

In 2021, supplies from abroad of glass fibre mats increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass fibre mat imports soared to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of glass fibre mat imports to Finland, together comprising X% of total imports. These countries were followed by Sweden, Russia, China, Italy and Lithuania, which together accounted for a further X 2012 to 2021, the biggest increases were in Lithuania (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of glass fibre mat to Finland, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

In 2021, the average glass fibre mat import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while the price for Russia ($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 (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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