Finland: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Finland

For the third year in a row, the Finnish organo-inorganic compounds market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated buoyant 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, consumption increased by X% against 2019 indices. Organo-inorganic compounds consumption peaked in 2022 and is likely to continue growth in the near future.

Organo-Inorganic Compounds Exports

Exports from Finland

In 2022, overseas shipments of organo-inorganic compounds (excluding organo-sulphur compounds) were finally on the rise to reach X tons after four years of decline. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, organo-inorganic compounds exports shrank sharply to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons), Russia (X tons) and India (X tons) were the main destinations of organo-inorganic compounds exports from Finland, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from Finland, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Estonia (X% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Estonia ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Organo-Inorganic Compounds Imports

Imports into Finland

After two years of growth, supplies from abroad of organo-inorganic compounds (excluding organo-sulphur compounds) decreased by X% to X tons in 2022. Overall, total imports indicated a prominent increase 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 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, organo-inorganic compounds imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest organo-inorganic compounds supplier to Finland, accounting for a X% share of total imports. Moreover, organo-inorganic compounds imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by China (X tons), with an X% share.

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

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest organo-inorganic compounds suppliers to Finland, together accounting for X% of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, showed a perceptible downturn. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Canada ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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