Flexible base metal tubing market in Finland

Earlier Report Observations

The Finnish flexible base metal tubing market started the period at 11 852 thousand US dollars in 2018, which slightly declined by 4% in 2019. It then saw a sharp increase of 23% to 13 979 thousand US dollars in 2020, followed by a further 21% growth in 2021, reaching a peak of 18 472 thousand US dollars by 2022.

In 2023, the market size contracted by 20% to 14 831 thousand US dollars, despite a 27% rise in domestic production, linked to shifts in trade flows. Investments by key producer Polarputki Oy in energy-efficient lighting and safety improvements contributed to enhanced operational efficiency. In 2024, the market recovered by 4% to 15 368 thousand US dollars, supported by the Business Finland 'Flexible Energy Systems' program stimulating demand in the energy sector, as well as amendments to the Vehicle Act creating new opportunities for flexible tubing in the automotive industry.

Production flexible base metal tubing in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of flexible base metal tubing was valued at 9 641 thousand US dollars, marking a sharp 40.4% increase compared to the previous year. The minimum value was recorded in 2019 at 6 867 thousand US dollars, which saw the largest decline of 14.2%. Over the period from 2017 to 2020, production grew by 21%, translating to an annualized growth rate of 6.6%.

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

In kind, 2017-2020, t

Finland's production volume of flexible base metal tubing declined for the second consecutive year. In 2020, the country produced 296.3 tonnes, down by 9.6% from 2019. From 2017 to 2020, production decreased by 13%, with a compound annual growth rate of -4.5%.

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

Exports flexible base metal tubing from Finland

Exports in kind, t

The market exhibited significant volatility during these years. Exports bottomed out in 2019 at 13.7 tonnes, which recorded the largest decline of 92.5%, and peaked in 2017, showing a 16-fold difference between these years. In 2020, flexible base metal tubing deliveries from Finland reached 146.6 tonnes, up by 970.3% year-over-year.

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

From 2017 to 2020, the Netherlands, Sweden, and Russia were the leading destinations for Finland's flexible base metal tubing exports in volume terms. The Netherlands accounted for 27.0% of exports, Sweden for 14.5%, and Russia for 12.3%, together representing 53.8% 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

After a two-year advance, Finland's flexible base metal tubing exports in value terms declined. In 2020, exports amounted to 5 762 thousand US dollars, a significant 11.7% drop compared to the previous year. The maximum value was recorded in 2019 at 6 522 thousand US dollars, while the largest increase occurred in 2018 at 6.8%.

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

Over the 2017–2020 period, Finland's flexible base metal tubing exports in value terms were distributed across a wide range of partner countries. The Netherlands led with 24.8% of exports, followed by Sweden at 13.0% and China at 10.5%, together accounting for 48.4% of total flows.

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

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

Imports flexible base metal tubing to Finland

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Imports reached their lowest point in 2019 at 22.4 tonnes, which saw the largest decline of 96.0%, and peaked in 2017, with a 32-fold variation between these years. In 2020, Finland's imports of flexible base metal tubing totaled 571.3 tonnes, a dramatic increase of 2,455.1% over the past year.

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

Between 2017 and 2020, Germany, Denmark, and Italy were the primary sources for Finland's flexible base metal tubing imports in volume terms. Germany held 39.2% of imports, Denmark 15.2%, and Italy 7.8%, collectively making up 62.3% 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

Following a two-year increase, foreign supplies of flexible base metal tubing to Finland declined in value terms. In 2020, imports reached 10 100 thousand US dollars, contracting by 8.2% year-over-year. The maximum value was recorded in 2019 at 11 005 thousand US dollars, with the largest increase occurring in 2018 at 14.9%. From 2017 to 2020, imports grew by 16.5%, equivalent to an annualized rate of 5.2%.

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

Throughout 2017–2020, Germany, Denmark, and Italy remained the key sources for Finland's flexible base metal tubing imports in value terms. Germany accounted for 28.7% of imports, Denmark for 17.4%, and Italy for 12.1%, together representing 58.1% of total flows.

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

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