Market research

Candles and tapers market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The candle market in Finland experienced a decline in 2019, with market value dropping to $32.4 million, followed by stabilization in 2020 at $32.3 million. A sharp recovery occurred in 2021, pushing the market to $38.0 million.

Market growth continued into 2022, reaching a peak of $42.5 million. This expansion coincided with a global rise in demand for scented and decorative candles, fueled by wellness and home décor trends, which likely supported higher market value.

In 2023 and 2024, the market contracted to $39.4 million and $38.0 million respectively, while physical market volume in tonnes also fell from 13.5 thousand tonnes to 12.5 thousand tonnes over the two-year period.

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, 2022-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2022-2024
  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, 2022-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, 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 candles and tapers in Finland

In value, 2017-2020, K $ US

Finland's candles and tapers production volume increased after two years of decline. In 2020, output was valued at 8 192 K $ US, representing a slight gain of 0.7% from the previous year. Over the 2017-2020 period, production decreased by 35.1%, with a compound annual growth rate of -13.4%. The lowest value was recorded in 2019 at 8 132 K $ US, which also saw the largest decline of 33.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.6%)	(33.8%)	0.7%	(13.4%)

Source: SHEV.io

In kind, 2017-2020, t

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports candles and tapers from Finland

Exports in kind, t

The market exhibited volatility during the observed period. Exports of candles and tapers from Finland reached 706 tonnes in 2020, a significant increase of 8,202.0% year-over-year. The minimum value was recorded in 2019 at 9 tonnes, while the maximum was in 2018 at 996 tonnes. The largest decline occurred in 2019, dropping by 99.1%. Import levels fluctuated 117-fold between the high of 2018 and the low of 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.0%	(99.1%)	8 202.0%	(7.9%)

Source: SHEV.io

From 2017 to 2020, Estonia and Sweden accounted for the majority of Finland's exports of candles and tapers in kind, with other markets playing a less significant role.

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

Exported volumes of candles and tapers from Finland declined for the second consecutive year. In 2020, exports totaled 2 475 K $ US, a decrease of 3.3% from the previous year. The highest value was recorded in 2018 at 2 894 K $ US, which also saw the largest increase of 14.6%. The largest decline occurred in 2019, falling by 11.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.6%	(11.6%)	(3.3%)	(0.7%)

Source: SHEV.io

Between 2017 and 2020, Estonia, Sweden, and Latvia were the main markets for Finland's exports of candles and tapers in value terms. Estonia accounted for 61.7% of exports, Sweden for 17.9%, and Latvia for 4.6%, together representing 84.1% of total export flows.

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 candles and tapers to Finland

Imports in kind, t

Market performance showed noticeable fluctuations during the period. Imports of candles and tapers to Finland peaked in 2018 and fell to their lowest point in 2019, with a two-fold difference between these years. In 2020, imports amounted to 10 611 tonnes, up by 77.8% compared to 2019. The minimum value was recorded in 2019 at 5 968 tonnes, while the maximum was in 2018 at 12 034 tonnes. The largest decline occurred in 2019, decreasing by 50.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.2%	(50.4%)	77.8%	(1.3%)

Source: SHEV.io

From 2017 to 2020, three principal markets—Poland, Estonia, and the Netherlands—together accounted for 79.1% of total imports of candles and tapers to Finland in kind.

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

Foreign supplies of candles and tapers to Finland declined for the second consecutive year. In 2020, import volume totaled 26 553 K $ US, marking a slight decrease of 0.9% compared to the previous year. Between 2017 and 2020, imports increased by 3.5%, equating to an annualized rate of 1.2%. The maximum value was recorded in 2018 at 27 127 K $ US, which also saw the largest increase of 5.7%. The largest decline occurred in 2019, falling by 1.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.7%	(1.2%)	(0.9%)	1.2%

Source: SHEV.io

In the 2017-2020 period, Poland, Estonia, and Sweden formed the main group of destinations for imports of candles and tapers to Finland in value terms. Poland accounted for 34.2% of imports, Estonia for 25.3%, and Sweden for 11.0%, with a combined share of 70.5% of total import flows.

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