Dolomite and dolomite ramming mix market in Finland

Earlier Report Observations

From 2018 to 2020, the dolomite market volume in Finland increased from 133.4 thousand tons to 169.0 thousand tons. The notable rise in 2019 was supported by continued consumption in the construction and steel industries. Despite the COVID-19 pandemic's impact on global supply chains in 2020, market volume continued to expand, albeit at a slower pace.

In 2021, the market contracted to 157.4 thousand tons, driven by a sharp drop in import volumes and declining sales value.

From 2022 onward, the market landscape shifted with the announcement and subsequent opening of a new dolomite processing plant by Nordkalk in April 2023, boosting domestic production capacity. Growing steel output and construction investments underpinned demand, while in 2024, Blastr Green Steel's partnership with Lhoist Group aimed at supplying low-carbon dolomite for a Finnish steelworks highlighted the industry's move towards sustainability and emission reductions.

Production dolomite and dolomite ramming mix in Finland

In value, 2017-2020, K $ US

After two years of decline, dolomite and dolomite ramming mix production in Finland rebounded. In 2020, output reached 3 335 K $ US, marking a significant 46.9% increase from the previous year. Over the 2017-2020 period, production grew by 17.5%, with a compound annual growth rate of 5.5%. The lowest value was recorded in 2019 at 2 271 K $ US, while the largest decline occurred in 2018, dropping by 17.5%.

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

In kind, 2017-2020, K t

Dolomite and dolomite ramming mix production in Finland rose for the second consecutive year. In 2020, Finland produced 119.7 K t, reflecting a robust 17.3% increase compared to 2019. From 2017 to 2020, production expanded by 28.3%, translating to an annualized growth rate of 8.7%. The lowest output was in 2018 at 80.3 K t, with the largest decline that year at 13.9%. The most substantial increase occurred in 2019, surging by 27.0%.

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

Exports dolomite and dolomite ramming mix from Finland

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Exports peaked in 2017 and hit their lowest point in 2019, with a dramatic 489-fold difference between these years. In 2020, Finland exported 694 t of dolomite and dolomite ramming mix, soaring by 14 594.0% year-over-year. The minimum value was recorded in 2019 at just 5 t, with the largest decline that year at 99.7%.

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

From 2017 to 2020, Sweden dominated the partner structure of exports in kind, consistently representing 99.9% 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

The data reveals irregular changes, indicating a volatile market environment. Export values fluctuated 3.2 times between the high in 2017 and the low in 2020. In 2020, Finland's dolomite and dolomite ramming mix export volume amounted to 27 K $ US, reflecting a sharp 53.9% decrease compared to 2019. The largest increase was recorded in 2019 at 12.9%.

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

Between 2017 and 2020, 99.6% of Finland's total exports in value terms of dolomite and dolomite ramming mix went to Sweden, making this market overwhelmingly dominant.

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

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

Imports dolomite and dolomite ramming mix to Finland

Imports in kind, t

After two years of growth, dolomite and dolomite ramming mix deliveries to Finland declined. In 2020, import volume totaled 50 007 t, representing an 18.8% decrease from the previous year. Over the 2017-2020 period, imports fell by 6.4%, with a compound annual decline rate of 2.2%. The highest value was recorded in 2019 at 61 607 t, with the largest increase that year at 12.5%.

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

From 2017 to 2020, the United Kingdom remained the leading supplier of dolomite and dolomite ramming mix to Finland, accounting for 86.4% of total imports in kind, while the rest was distributed among many other countries.

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

Following two years of growth, the volume of dolomite and dolomite ramming mix imports to Finland declined. In 2020, imports reached 9 556 K $ US, equivalent to a 6.7% decrease compared to 2019. Between 2017 and 2020, imports increased by 15.5%, translating to an annualized growth rate of 4.9%. The maximum value was recorded in 2019 at 10 245 K $ US, with the largest increase in 2018 at 22.3%.

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

From 2017 to 2020, the United Kingdom was the key supplier of dolomite and dolomite ramming mix to Finland, capturing 85.3% of total imports in value terms, while a diversified group of other countries accounted for the remainder.

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

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