Earlier Report Observations
The market for double or complex silicates in Finland contracted significantly from 12 252 thousand US dollars in 2018 to 8 851 thousand US dollars in 2024. After remaining nearly flat between 2018 and 2019, the market size fell sharply in 2020 and continued to decrease in 2021. A partial recovery occurred in 2022, but volumes declined again in the following two years.
Domestic production followed a similar downward path, dropping from 8 876 thousand US dollars to 5 314 thousand US dollars over the period, despite a temporary increase in 2019. Imports initially fell from 3 377 thousand US dollars in 2018 to a low of 2 236 thousand US dollars in 2020, then rebounded strongly in 2022 and 2023 before moderating in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production double or complex silicates in Finland
In value, 2017-2020, K $ US
Finland's production of double or complex silicates experienced a two-year rise before declining. In 2019, output reached its peak at 9 743 K $ US, representing a 9.8% increase from the previous year. However, by 2020, production had fallen to 8 260 K $ US, marking a 15.2% decrease compared to 2019.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.0% | 9.8% | (15.2%) | 0.2% |
Exports double or complex silicates from Finland
Market analysis indicates that Finland did not export any double or complex silicates between 2017 and 2020.
Imports double or complex silicates to Finland
Imports in kind, t
After increasing for two years, imports of double or complex silicates into Finland declined. In 2019, imports peaked at 961.1 t, following a 29.4% rise in 2018. By 2020, imports had dropped to 526.7 t, a 45.2% decrease from 2019. Overall, from 2017 to 2020, imports fell by 24.5%, with an average annual decline of 8.9%.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.4% | 6.5% | (45.2%) | (8.9%) |
Between 2017 and 2020, China and Sweden accounted for 82.2% of Finland's total imports of double or complex silicates by volume, while the remaining imports were distributed among other markets.
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 imports of double or complex silicates declined for the second consecutive year. In 2018, imports reached their highest value at 3 377 K $ US, reflecting a 15.1% increase. However, in 2019, imports fell by 25.6% to a lower level. By 2020, imports had decreased further to 2 236 K $ US, down 11.1% from the previous year. From 2017 to 2020, total imports dropped by 23.8%, with an average annual decline of 8.7%.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.1% | (25.6%) | (11.1%) | (8.7%) |
From 2017 to 2020, China was the primary source of Finland's imports of double or complex silicates in value terms, accounting for 71.7% of the total. The remaining imports were spread across various smaller markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Finland in value, 2017-2020
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