Finland: Propellant Powders Market 2022

Propellant Powders Market Size in Finland

For the fourth year in a row, the Finnish propellant powders market recorded decline in sales value, which decreased by -X% to $X in 2021. Over the period under review, consumption saw a abrupt decline. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Propellant Powders Production in Finland

In value terms, propellant powders production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Propellant Powders Exports

Exports from Finland

In 2021, the amount of propellant powders exported from Finland soared to X tons, with an increase of X% on the previous year. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, propellant powders exports soared to $X in 2021. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), France (X tons) and Sweden (X tons) were the main destinations of propellant powders exports from Finland, with a combined X% share of total exports. Germany, Spain, Italy, Norway, the UK, Brazil, South Africa, the Philippines, Thailand and Poland lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) were the largest markets for propellant powders exported from Finland worldwide, with a combined X% share of total exports. These countries were followed by Sweden, Italy, Spain, Norway, South Africa, the UK, Brazil, the Philippines, Thailand and Poland, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average propellant powders export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per ton), while the average price for exports to Spain ($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 Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into Finland

In 2021, supplies from abroad of propellant powders increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports saw a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, propellant powders imports skyrocketed to $X in 2021. In general, imports posted a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) was the main supplier of propellant powders to Finland, accounting for a X% share of total imports. Moreover, propellant powders imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +X%.

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

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +X%.

Import Prices by Country

The average propellant powders import price stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%).

Source: IndexBox Market Intelligence Platform

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