Finland: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Finland

In 2022, the Finnish oxygen-function amino-compound market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Oxygen-function amino-compound consumption peaked in 2022 and is likely to continue growth in years to come.

Oxygen-Function Amino-Compound Production in Finland

In value terms, oxygen-function amino-compound production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Oxygen-function amino-compound production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Finland

In 2022, after two years of growth, there was significant decline in overseas shipments of oxygen-function amino-compounds, when their volume decreased by X% to X tons. Overall, total exports indicated a tangible expansion 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced in the following year.

In value terms, oxygen-function amino-compound exports totaled $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Japan (X tons) and Sweden (X tons) were the main destinations of oxygen-function amino-compound exports from Finland, with a combined X% share of total exports. South Korea, Germany, Chile, Belgium, Estonia and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oxygen-function amino-compound exported from Finland were the United States ($X), Sweden ($X) and Japan ($X), together comprising X% of total exports. Germany, Chile, South Korea, Estonia, Belgium and Russia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average oxygen-function amino-compound export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

Oxygen-Function Amino-Compound Imports

Imports into Finland

In 2022, purchases abroad of oxygen-function amino-compounds increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2022. Overall, total imports indicated a perceptible increase 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Sweden (X tons) were the main suppliers of oxygen-function amino-compound imports to Finland, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound suppliers to Finland were Belgium ($X), the Netherlands ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to 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 oxygen-function amino-compound import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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