Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland - 2023

Contents:

  1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (CIF) - 2022
  2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (FOB) - 2022
  3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland
  4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $16,521 per ton, shrinking by -18.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 26%. As a result, import price attained the peak level of $20,379 per ton, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($33,632 per ton), while the price for France ($15,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $32,749 per ton, flattening at the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2019 an increase of 167% against the previous year. As a result, the export price attained the peak level of $53,114 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iceland ($34,500 per ton) and Norway ($30,812 per ton), while the average price for exports to Estonia ($23,357 per ton) and Sweden ($25,870 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland

In 2022, after two years of decline, there was significant growth in purchases abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, when their volume increased by 63% to 43 tons. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $702K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France88.151.525930551.3%
United Kingdom79.740112228052.0%
Spain12.023.825.940.149.5%
Germany27.34.98.69.9-28.7%
Norway4232.261.32.6-81.7%
Others57.238.354.064.84.2%
Total6885225317020.7%

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Finland in 2022:

  1. France (20.3 tons)
  2. United Kingdom (18.1 tons)
  3. Spain (2.0 tons)
  4. Germany (0.4 tons)
  5. Norway (0.1 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland

In 2022, the amount of polymers, natural; alginic acid, its salts and esters, in primary formses exported from Finland surged to 199 kg, jumping by 197% against the previous year's figure. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 253%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $6.5K in 2022. Overall, exports showed tangible growth. The pace of growth appeared the most rapid in 2021 when exports increased by 315% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway21376.01044,745181.4%
Sweden5,713N/A665595-53.0%
Estonia10713211932745.1%
IcelandN/A319452207-19.4%
PortugalN/AN/A839N/A0%
Others22.02.016.0643208.0%
Total6,0555292,1956,5172.5%

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Finland in 2022:

  1. Norway (154.0 kg)
  2. Sweden (23.0 kg)
  3. Estonia (14.0 kg)
  4. Iceland (6.0 kg)

Source: IndexBox Market Intelligence Platform

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