Copper tube and pipe fittings market in Finland

Earlier Report Observations

The market for copper tube and pipe fittings in Finland grew in value from USD 51 million in 2018 to USD 61 million in 2022. This expansion was supported by the 2018 implementation of marking requirements for flexible connection pipes, which enhanced traceability and likely stimulated demand for certified fittings within water installations.

Market value declined to USD 53 million in 2023, primarily driven by a significant drop in corporate turnover across large and small businesses, which reduced investment in construction and infrastructure projects. The concurrent launch of waste legislation reform, aiming to promote circular economy principles, began influencing production and recycling practices. In 2024, the market value fell further to USD 50 million, influenced by temporary border crossing closures that disrupted import logistics and the consolidation of wholesale distribution following Ahlsell's acquisition of Rexel Finland Oy.

Production copper tube and pipe fittings in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of copper tube and pipe fittings was valued at 16 885 thousand US dollars, marking a modest decline of 8.1% compared to the previous year. Over the period from 2017 to 2020, production increased by 31.8%, with a compound annual growth rate of 9.6%. The largest increase occurred in 2018, at 27.8%, while the largest decline was recorded in 2019, at 8.1%.

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

In kind, 2017-2020, t

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

Exports copper tube and pipe fittings from Finland

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Exports varied significantly, with a low of 18 tonnes in 2019 and a high of 311 tonnes in 2020, representing an 18-fold difference. In 2020, Finland's exports of copper tube and pipe fittings amounted to 311 tonnes, showing a sharp increase of 1,673.0% compared to the previous year. The largest decline was recorded in 2019, at 91.9%.

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

From 2017 to 2020, the country structure of Finland's exports in kind remained highly diversified. Sweden accounted for 20.0% of exports in kind, Poland for 15.4%, and Belgium for 8.8%, together making up only 44.3% of total flows. The remaining 55.7% was formed by a long tail of smaller markets.

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

Exports of copper tube and pipe fittings from Finland increased for the third consecutive year. In 2020, exports totalled 6 658 thousand US dollars, representing a moderate uptick of 8.6% compared to the previous year. Over the period from 2017 to 2020, exports increased by 55.4%, with a compound annual growth rate of 15.8%.

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

From 2017 to 2020, Finland's portfolio of buyers for copper tube and pipe fittings was broad. Sweden contributed 19.5% of exports in value terms, Poland 14.0%, and Norway 10.2%, together accounting for only 43.7% of total exports in value terms. Many other countries had smaller but non-negligible shares.

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

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

Imports copper tube and pipe fittings to Finland

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Imports reached their lowest point in 2019 at 50 tonnes and peaked in 2020 at 1 824 tonnes, reflecting a 36-fold gap. In 2020, Finland imported a total of 1 824 tonnes of copper tube and pipe fittings, equivalent to a gain of 3,522.1% relative to the prior year. The largest decline was recorded in 2019, at 96.9%.

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

Throughout 2017 to 2020, Germany, China, and Sweden formed the core of Finland's imports in kind. Germany accounted for 25.4% of imports in kind, China for 18.7%, and Sweden for 17.8%, together taking 61.9% of total flows.

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

Imports of copper tube and pipe fittings to Finland increased for the third consecutive year. In 2020, imports came to 41 162 thousand US dollars, which is 2.2% more than in 2019. Over the period from 2017 to 2020, imports increased by 10.7%, with a compound annual growth rate of 3.5%.

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

Over 2017 to 2020, Germany, China, and Sweden were the main directions for Finland's imports of copper tube and pipe fittings in value terms. Germany accounted for 34.8% of imports in value terms, China for 13.5%, and Sweden for 12.1%, together absorbing 60.4% of total imports in value terms.

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

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