Market research

Calcium carbonate market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The calcium carbonate market in Finland contracted significantly over the 2018-2024 period, with total volume falling by over 40% from 1.4 million tons in 2018 to a low of 792,000 tons in 2023. This prolonged downturn was interrupted only in 2024, when consumption saw a modest 5% increase to 834,000 tons, marking the first sign of recovery after years of decline.

The most pronounced drop occurred in 2022, when market volume plunged by 21% to 899,000 tons. Earlier years also showed consistent reductions: a 14% decrease in 2019 was followed by a 5% decline in 2020. The pace of contraction slowed notably in 2021 to just 1%, suggesting a brief stabilization before the sharp 2022 correction.

Domestic production mirrored the overall market trend, declining from 1.3 million tons in 2018 to 775,000 tons in 2023. Throughout this period, international trade played a minor role, with imports and exports remaining at low levels and showing no sustained directional shift that could offset the shrinking domestic output.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. In kind, 2018-2024, K t
  2. 5.1.2. In value, 2018-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production calcium carbonate in Finland

In value, 2017-2020, M $ US

Finland's calcium carbonate production declined for the third consecutive year. In 2020, output was valued at 122.3 million US dollars, representing a 2.5% decrease compared to the previous year. Between 2017 and 2020, production fell by 18.7%, with an average annual decline of 6.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.3%)	(9.2%)	(2.5%)	(6.7%)

Source: SHEV.io

In kind, 2017-2020, K t

Finland's calcium carbonate production volume declined for the third consecutive year. In 2020, the country produced 1 155 thousand tonnes, down 4.9% from the previous year. From 2017 to 2020, production decreased by 18.5%, equivalent to an average annual decline of 6.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.8%)	(7.1%)	(4.9%)	(6.6%)

Source: SHEV.io

Exports calcium carbonate from Finland

Exports in kind, K t

In 2020, Finland's calcium carbonate exports amounted to 8.3 thousand tonnes, marking a significant 50.7% increase compared to 2019. However, over the period from 2017 to 2020, exports decreased by 43.3%, with an average annual decline of 17.2%. The lowest export volume was recorded in 2019 at 5.5 thousand tonnes, while the peak occurred in 2018 with 14.6 thousand tonnes. The sharpest decline of 62.5% was observed in 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	0.5%	(62.5%)	50.7%	(17.2%)

Source: SHEV.io

Between 2017 and 2020, Finland's calcium carbonate exports were heavily oriented towards Russia, which accounted for 98.8% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Calcium carbonate exports from Finland declined for the second consecutive year. In 2020, export value totaled 1 837 thousand US dollars, down 7.8% from the previous year. From 2017 to 2020, exports decreased by 32.6%, equivalent to an average annual decline of 12.3%. The highest export value was recorded in 2018 at 2 996 thousand US dollars. The largest decline of 33.5% occurred in 2019, while the most notable increase of 9.9% was observed in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.9%	(33.5%)	(7.8%)	(12.3%)

Source: SHEV.io

Between 2017 and 2020, Finland's calcium carbonate exports showed pronounced dependence on Russia, with this market accounting for 97.1% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports calcium carbonate to Finland

Imports in kind, K t

The market exhibited volatility during these years. From 2017 to 2019, import volumes showed extreme fluctuations, with a 1 203-fold difference between the peak and trough. In 2020, Finland imported 0.6 thousand tonnes of calcium carbonate, representing a solid 19.3% increase compared to 2019. The lowest import volume was recorded in 2019 at 0.5 thousand tonnes, with the sharpest decline of 99.5% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(81.9%)	(99.5%)	19.3%	(90.0%)

Source: SHEV.io

Between 2017 and 2020, Finland's calcium carbonate imports were highly concentrated on Norway, which accounted for 99.3% of total import volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Calcium carbonate imports to Finland declined for the third consecutive year. In 2020, Finland imported approximately 388 thousand US dollars worth of calcium carbonate, showing minimal change from 2019. Over the period from 2017 to 2020, imports decreased by 99.2%, with an average annual decline of 80.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(78.6%)	(96.2%)	(0.4%)	(80.0%)

Source: SHEV.io

Between 2017 and 2020, Norway remained the overwhelmingly dominant supplier of calcium carbonate to Finland, accounting for 96.7% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io