Finland: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Finland

The Finnish market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined markedly to $X in 2020, which is down by -X% against the previous year. Overall, consumption continues to indicate a deep contraction. The growth pace was the most rapid in 2019 when the market value increased by X% against the previous year. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Finland

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses contracted rapidly to $X in 2020 estimated in export prices. Overall, production recorded a deep reduction. The growth pace was the most rapid in 2008 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Finland

In 2020, overseas shipments of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second consecutive year after two years of growth. In general, total exports indicated a notable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X square meters in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses declined markedly to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

Germany (X square meters), France (X square meters) and the U.S. (X square meters) were the main destinations of exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Finland, with a combined X% share of total exports. Belgium, Brazil and Hungary lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Brazil (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exported from Finland were Germany ($X), France ($X) and the U.S. ($X), with a combined X% share of total exports. Belgium, Hungary and Brazil lagged somewhat behind, together accounting for a further X (+X% per year) 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

In 2020, the average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, which is down by -X% against the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per square meter, and then declined sharply in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Hungary ($X per square meter), while the average price for exports to Brazil ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hungary, while the prices for the other major destinations experienced a decline.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Finland

In 2020, purchases abroad of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses decreased by -X% to X square meters, falling for the second year in a row after two years of growth. In general, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Imports peaked at X square meters in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced dramatically to $X in 2020. Over the period under review, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019, and then fell rapidly in the following year.

Imports by Country

In 2020, Hungary (X square meters) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Finland, accounting for a X% share of total imports. Moreover, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Hungary exceeded the figures recorded by the second-largest supplier, the Czech Republic (X square meters), sevenfold. China (X square meters) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Hungary totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and China (+X% per year).

In value terms, Hungary ($X), the Czech Republic ($X) and Belgium ($X) appeared to be the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to Finland, together comprising X% of total imports.

Among the main suppliers, Hungary (+X% per year) saw 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 import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, shrinking by -X% against the previous year. In general, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Czech Republic ($X per square meter), while the price for Lithuania ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Estonia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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