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Finland - Non-Rolled Bitumen Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Rolled Bitumen Products Price in Finland - 2023
Contents:
- Non-Rolled Bitumen Products Price in Finland (FOB) - 2023
- Non-Rolled Bitumen Products Price in Finland (CIF) - 2022
- Non-Rolled Bitumen Products Exports in Finland
- Non-Rolled Bitumen Products Imports in Finland
Non-Rolled Bitumen Products Price in Finland (FOB) - 2023
In August 2023, the average non-rolled bitumen products export price amounted to $837 per ton, waning by -7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 9.6% against the previous month. The export price peaked at $900 per ton in July 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,088 per ton), while the average price for exports to the Czech Republic ($651 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Rolled Bitumen Products Price in Finland (CIF) - 2022
The average non-rolled bitumen products import price stood at $854 per ton in 2022, rising by 40% against the previous year. In general, the import price, however, recorded a pronounced decline. The import price peaked at $1,054 per ton in 2012; however, from 2013 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 France ($1,108 per ton), while the price for Russia ($456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Rolled Bitumen Products Exports in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of non-rolled bitumen products, when their volume decreased by -61.3% to 16K tons. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 41K tons, and then declined dramatically in the following year.
In value terms, non-rolled bitumen products exports contracted markedly to $11M in 2022. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports attained the peak of $24M, and then shrank sharply in the following year.
Export of Non-Rolled Bitumen Products in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 2.4 | 2.6 | 3.8 | 3.0 | 7.7% |
Russia | 9.4 | 7.4 | 12.1 | 2.1 | -39.3% |
Lithuania | 0.3 | 0.3 | 0.4 | 1.1 | 54.2% |
Czech Republic | 0.4 | 0.6 | 0.7 | 0.9 | 31.0% |
United Kingdom | 0.7 | 0.9 | 1.1 | 0.9 | 8.7% |
Sweden | 0.9 | 1.0 | 1.1 | 0.8 | -3.9% |
Estonia | 0.7 | 0.9 | 1.3 | 0.6 | -5.0% |
Ukraine | 1.3 | 1.2 | 1.7 | 0.4 | -32.5% |
Others | 1.6 | 1.8 | 2.1 | 1.7 | 2.0% |
Total | 17.6 | 16.7 | 24.2 | 11.4 | -13.5% |
Top Export Markets for Non-Rolled Bitumen Products from Finland in 2022:
- Norway (3.9K tons)
- Russia (2.8K tons)
- Lithuania (1.8K tons)
- Czech Republic (1.6K tons)
- United Kingdom (1.2K tons)
- Estonia (1.1K tons)
- Sweden (0.9K tons)
- Ukraine (0.6K tons)
Non-Rolled Bitumen Products Imports in Finland
In 2022, purchases abroad of non-rolled bitumen products decreased by -43.1% to 684 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 122%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-rolled bitumen products imports shrank significantly to $584K in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22%.
Import of Non-Rolled Bitumen Products in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 46.1 | 61.0 | 72.7 | 136 | 43.4% |
Russia | 243 | 416 | 378 | 112 | -22.8% |
France | 61.9 | 31.3 | 96.0 | 74.5 | 6.4% |
Italy | 95.0 | 55.7 | 39.1 | 50.3 | -19.1% |
Poland | N/A | N/A | 12.0 | 47.0 | 291.7% |
Germany | 33.4 | 35.9 | 40.2 | 42.8 | 8.6% |
Sweden | 12.5 | 19.3 | 27.1 | 26.1 | 27.8% |
India | N/A | 27.7 | N/A | N/A | 0% |
Others | 54.8 | 19.5 | 67.0 | 95.4 | 20.3% |
Total | 547 | 666 | 732 | 584 | 2.2% |
Top Suppliers of Non-Rolled Bitumen Products to Finland in 2022:
- India (undefined tons)
- Russia (246.1 tons)
- Estonia (162.7 tons)
- France (67.2 tons)
- Germany (56.2 tons)
- Poland (51.0 tons)
- Italy (47.0 tons)
- Sweden (37.3 tons)
This report provides an in-depth analysis of the non-rolled bitumen products market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991290 - Products based on bitumen (excluding in rolls)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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