Cellular PU plates, sheets, film, foil and strip market in Finland

Earlier Report Observations

The market for cellular PU plates, sheets, film, foil and strip in Finland started the period at 51 772 thousand US dollars in 2018 but declined the following year. This drop occurred amid uncertainty in the construction sector due to the expiration of construction product type approvals, which affected building material markets. Market volume then stabilized around 45 000 thousand US dollars in 2020 and 2021 before falling to 40 666 thousand US dollars in 2022.

A recovery took place in 2023, with the market reaching 47 000 thousand US dollars, a 15.6% increase from 2022. This growth coincided with the introduction of mandatory training for industrial and professional users of polyurethane products, aiming to ensure safe handling of di-isocyanates. The new requirements likely supported market confidence and adoption.

In 2024, the market contracted again to 42 943 thousand US dollars. During this year, regulatory pressures increased, including stricter workplace exposure limits for di-isocyanates under EU Directive 2024/869/EU and changes in fire safety law shifting maintenance responsibility to building owners. Simultaneously, the EU's tightening energy efficiency directives for buildings are raising the importance of polyurethane insulation in sustainable construction.

Production cellular PU plates, sheets, film, foil and strip in Finland

In value, 2017-2020, K $ US

In 2018, Finland's output of cellular PU plates, sheets, film, foil and strip reached its peak at 62 041 K $ US. This was followed by a significant decline of 15.8% in 2019, bringing the value down to 52 261 K $ US. In 2020, production recovered slightly, increasing by 2.9% to 53 775 K $ US.

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

In kind, 2017-2020, t

Production of cellular PU plates, sheets, film, foil and strip in Finland showed steady growth from 2017 to 2020, with an overall increase of 20.8% and a compound annual growth rate of 6.5%. In 2018, output surged by 13.9%, but then dipped by 5.2% in 2019. By 2020, production rebounded, rising 11.9% to reach 13 482 t.

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

Exports cellular PU plates, sheets, film, foil and strip from Finland

Exports in kind, t

Export volumes of cellular PU plates, sheets, film, foil and strip from Finland experienced high volatility between 2017 and 2020. In 2019, exports hit a low of just 22 t, marking a sharp decline of 99.5%. However, 2020 saw a dramatic turnaround, with exports skyrocketing by 25 579.8% to 5 603 t. This created a peak-to-trough ratio of 257 times between the two years.

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

From 2017 to 2020, Estonia, Sweden, and Lithuania were the dominant markets for Finland's exports of cellular PU plates, sheets, film, foil and strip in kind. Together, these three countries accounted for 90.7% of total export volumes.

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

Finland's export value of cellular PU plates, sheets, film, foil and strip grew by 19.6% from 2017 to 2020, with an annualized rate of 6.2%. In 2018, exports peaked at 16 940 K $ US, reflecting a substantial increase of 21.3%. The following year saw a decline of 6.8%, but exports recovered in 2020, rising 5.8% to 16 711 K $ US.

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

During the 2017–2020 period, Estonia, Sweden, and Lithuania remained Finland's key export partners in value terms. Estonia accounted for 38.1% of exports, Sweden for 35.0%, and Lithuania for 12.9%. Collectively, these three markets represented 86.1% of total export value.

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

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

Imports cellular PU plates, sheets, film, foil and strip to Finland

Imports in kind, t

Import volumes of cellular PU plates, sheets, film, foil and strip into Finland fluctuated significantly from 2017 to 2020. In 2019, imports dropped to a low of 12 t, a decrease of 98.0%. The following year, imports surged dramatically by 11 241.7%, reaching 1 356 t in 2020. This resulted in a 113-fold difference between the peak and trough years.

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

From 2017 to 2020, Germany, Belgium, and Italy were the primary sources for Finland's imports of cellular PU plates, sheets, film, foil and strip in kind. Germany contributed 23.1% of imports, Belgium 20.1%, and Italy 11.3%. Together, these three countries made up 54.5% of total import volumes.

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's import value of cellular PU plates, sheets, film, foil and strip increased by 23.1% between 2017 and 2020, with an annualized growth rate of 7.2%. In 2018, imports fell to 6 671 K $ US, a decline of 4.1%. However, 2019 saw a strong rebound with a 28.2% increase. By 2020, imports showed minimal change compared to the previous year.

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

Throughout the 2017–2020 period, France, Germany, and Austria were the leading suppliers of cellular PU plates, sheets, film, foil and strip to Finland in value terms. France accounted for 25.7% of imports, Germany for 19.1%, and Austria for 11.8%. Combined, these three countries represented 56.6% of total import value.

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

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