Aluminium household articles market in Finland

Earlier Report Observations

In 2018, the aluminium household articles market in Finland was supported by growing government investment in infrastructure projects, including state-owned companies participating in construction, which bolstered demand. The market experienced a temporary slowdown in 2019, followed by a significant contraction in 2020 to 13.4 million USD as global supply chain disruptions and the COVID-19 pandemic impacted consumer behavior and economic activity.

Recovery commenced in 2021, aided by continued state infrastructure spending. A sharp expansion followed in 2022, with the market surging to 24.3 million USD. This growth was primarily driven by the government's plan to invest approximately 820 million USD in the transport network from 2022 to 2025, coupled with a 25% rise in average import prices and increasing consumer demand for sustainable, recyclable products influenced by EU recycling regulations.

The market stabilized near 24.4 million USD in 2023, characterized by growing use of recycled aluminium and environmentally friendly products shaped by EU environmental directives. In 2024, the market volume increased further to 26.6 million USD, sustained by ongoing government infrastructure investments, particularly in transport networks, and a continued shift in consumer preferences towards lightweight modular profiles and recyclable articles.

Production aluminium household articles in Finland

In value, 2017-2020, K $ US

Finland's production of aluminium household articles declined for the third consecutive year. In 2020, output was valued at 7 832 K $ US, showing a steep decline of 27.9% compared to the previous year. Over the period from 2017 to 2020, production decreased by 41.4%, with a compound annual growth rate of 16.3%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, t

Aluminium household articles production in Finland increased for the second consecutive year. In 2020, 638.1 tonnes were produced, reflecting a robust rise of 16.0% relative to the prior year. Between 2017 and 2020, production grew by 29.2%, equating to an annualized rate of 8.9%.

Annual dynamics of production in Finland in kind, 2017-2020, t

Exports aluminium household articles from Finland

Exports in kind, t

There were noticeable fluctuations in market performance during this period. Exports bottomed in 2019 at 30 tonnes and peaked in 2020 at 487 tonnes, representing a 16-fold difference. In 2020, aluminium household articles volumes leaving Finland reached 487 tonnes, indicating an abrupt rise of 1,543.9% relative to the prior year. The largest decline was recorded in 2019 at 93.3%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

Throughout 2017 to 2020, Sweden, Norway, and Denmark formed the core of exports in kind, accounting for 32.6%, 22.0%, and 11.9% of exports respectively. Together, they took 66.6% of total flows.

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, K $ US

Aluminium household articles shipments from Finland abroad increased for the second consecutive year. In 2020, Finland exported 6 858 K $ US of aluminium household articles, constituting an advance of 9.6% year-over-year. Between 2017 and 2020, exports increased by 9%, equating to a 2.9% annualized rate. The minimum value was recorded in 2018 at 6 232 K $ US, with the largest decline that year at 0.9%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

From 2017 to 2020, three main markets—Sweden, Norway, and Denmark—together absorbed 64.9% of total exports in value terms of aluminium household articles from Finland.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports aluminium household articles to Finland

Imports in kind, t

There were noticeable fluctuations in market performance during this period. Imports bottomed in 2019 at 72 tonnes and peaked in 2020 at 1 582 tonnes, representing a 22-fold difference. In 2020, aluminium household articles imports to Finland totalled 1 582 tonnes, marking a steep increase of 2,112.5% from a year earlier. The largest decline was recorded in 2019 at 95.0%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

Over 2017 to 2020, China, Sweden, and Italy together absorbed 79.4% of total imports in kind of aluminium household articles to Finland, making them the main directions. China accounted for 45.0%, Sweden for 17.6%, and Italy for 16.8% of imports.

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, K $ US

Finland imported a total of aluminium household articles valued at 12 487 K $ US in 2020, amounting to a moderate improvement of 5.0% year-over-year. Between 2017 and 2020, imports increased by 24.2%, equating to a 7.5% annualized rate. The maximum value was recorded in 2018 at 12 487 K $ US, with the largest increase that year at 24.6% and the largest decline in 2019 at 5.1%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

From 2017 to 2020, three principal markets—China, Sweden, and Italy—together accounted for 76.3% of total imports in value terms of aluminium household articles to Finland.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020