Finland: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2024

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Finland

In 2022, the Finnish reaction initiators and accelerators market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a resilient expansion. Reaction initiators and accelerators consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Finland

In value terms, reaction initiators and accelerators production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw prominent growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports from Finland

In 2022, overseas shipments of reaction initiators, reaction accelerators and catalytic preparations decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume 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. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, reaction initiators and accelerators exports reduced modestly to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons), Estonia (X tons) and Austria (X tons) were the main destinations of reaction initiators and accelerators exports from Finland, with a combined X% share of total exports. Poland, Sweden, the United Arab Emirates, Germany, Russia and France lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for reaction initiators and accelerators exported from Finland were Austria ($X), Sweden ($X) and Germany ($X), together comprising X% of total exports. Estonia, the United Arab Emirates, Latvia, Poland, Russia and France lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to 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 reaction initiators and accelerators export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a mild reduction. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports into Finland

Reaction initiators and accelerators imports into Finland skyrocketed to X tons in 2022, picking up by X% compared with 2021. Overall, total imports indicated a notable 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reaction initiators and accelerators imports soared to $X in 2022. Over the period under review, total imports indicated measured 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the United States (X tons) and France (X tons) were the main suppliers of reaction initiators and accelerators imports to Finland, with a combined X% share of total imports. Sweden, the Netherlands, Japan and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest reaction initiators and accelerators suppliers to Finland, together accounting for X% of total imports. France, Sweden, Japan and Denmark lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average reaction initiators and accelerators import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Denmark ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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