Earlier Report Observations
The Finnish market for acyclic alcohols and their derivatives experienced significant volatility between 2018 and 2024. After starting at 132.4 million dollars in 2018, the market size remained relatively stable the following year before contracting sharply to 96 million dollars in 2020.
A pronounced recovery phase began in 2021, with the market expanding to 143.7 million dollars and reaching a peak of 161.9 million dollars in 2022. This growth was supported by a concurrent rise in domestic production, which increased from 56.7 million dollars in 2020 to 75.4 million dollars in 2022.
The market trend reversed in 2023, declining to 144.9 million dollars and falling further to 126.2 million dollars in 2024. The downturn in 2023 aligned with a notable global decline in consumption and production for these chemical derivatives, a factor that reduced overall market activity in Finland.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In kind, 2018-2023, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production acyclic alcohols and derivatives in Finland
In value, 2017-2020, K $ US
In 2020, Finland's production of acyclic alcohols and their derivatives was valued at 56 727 thousand US dollars, marking a 12.8% decrease from the previous year. Over the 2017-2020 period, production fell by 9.7%, with an average annual decline of 3.3%. The highest production value was recorded in 2019 at 65 063 thousand US dollars, which also saw the largest annual increase of 6.0%.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.3%) | 6.0% | (12.8%) | (3.3%) |
In kind, 2017-2020, t
In 2020, Finland produced 26 293 tonnes of acyclic alcohols and their derivatives, representing a 30.4% drop compared to 2019. From 2017 to 2020, production volume decreased by 31.3%, with an average annual decline of 11.8%. The largest annual increase occurred in 2019, when production grew by 8.4%.
Annual dynamics of production in Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.0%) | 8.4% | (30.4%) | (11.8%) |
Exports acyclic alcohols and derivatives from Finland
Exports in kind, K t
Export volumes showed significant volatility during this period. In 2019, Finland's exports of acyclic alcohols and their derivatives reached their lowest point at 2.8 thousand tonnes, marking a 98.5% decline from the previous year. However, in 2020, exports surged to 188.9 thousand tonnes, representing a dramatic 6,696.5% increase from 2019. Between 2017 and 2019, import levels fluctuated substantially, with a 92-fold difference between the high of 2017 and the low of 2019.
Annual dynamics of product's exports from Finland in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (28.1%) | (98.5%) | 6 696.5% | (9.5%) |
From 2017 to 2020, Finland's exports of acyclic alcohols and their derivatives were primarily directed to three key markets: Poland accounted for 36.4% of export volume, the Netherlands for 36.2%, and Denmark for 8.8%. Together, these three countries represented 81.4% of Finland's total export flows during this period.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Finland in kind, 2017-2020
Exports in value, M $ US
Finland's export value of acyclic alcohols and their derivatives declined for the third consecutive year in 2020, reaching 42.4 million US dollars. This represented a significant 27.4% decrease from the previous year. Over the 2017-2020 period, export value fell by 46.8%, with an average annual decline of 19.0%.
Annual dynamics of product's exports from Finland in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.6%) | (14.2%) | (27.4%) | (19.0%) |
Between 2017 and 2020, the Netherlands was Finland's largest export market for acyclic alcohols and their derivatives in value terms, accounting for 38.6% of exports. Poland followed with 37.3%, and Denmark with 7.1%. These three partners together represented 83.0% of Finland's total export value during this period.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports acyclic alcohols and derivatives to Finland
Imports in kind, K t
After declining for two consecutive years, Finland's import volume of acyclic alcohols and their derivatives increased in 2020 to 323.3 thousand tonnes, showing a modest 2.4% rise from 2019. The lowest import volume was recorded in 2019 at 315.8 thousand tonnes. Over the 2017-2020 period, imports decreased by 21.7%, with an average annual decline of 7.8%. The largest annual decrease occurred in 2018, when imports fell by 20.1%.
Annual dynamics of product's imports to Finland in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.1%) | (4.3%) | 2.4% | (7.8%) |
From 2017 to 2020, Russia dominated Finland's imports of acyclic alcohols and their derivatives in volume terms, accounting for 89.0% of total imports. The remaining 11.0% was distributed among numerous other countries.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Finland in kind, 2017-2020
Imports in value, M $ US
Finland's import value of acyclic alcohols and their derivatives declined for the second consecutive year in 2020, standing at 81.6 million US dollars. This represented a substantial 34.6% decrease from the previous year. The highest import value was recorded in 2018 at 139.0 million US dollars, which also saw the largest annual increase of 5.3%. Over the 2017-2020 period, import value decreased by 38.2%, with an average annual decline of 14.8%.
Annual dynamics of product's imports to Finland in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.3% | (10.3%) | (34.6%) | (14.8%) |
Between 2017 and 2020, Russia and Germany were Finland's two main sources for imports of acyclic alcohols and their derivatives in value terms, together accounting for 84.7% of total import value. The remaining 15.3% was distributed across a wide range of other countries.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Finland in value, 2017-2020
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