Gypsum, anhydrite and limestone market in Finland

Earlier Report Observations

The market for gypsum, anhydrite and limestone in Finland showed considerable variation from 2018 to 2024. After starting at 39.3 million USD, the market size contracted to 34.1 million USD in 2020 before surging to a peak of 41.2 million USD in 2021. From this high point, the market then gradually declined, ending the period at 34.9 million USD in 2024. Domestic production mirrored this volatility, falling from 37.3 million USD to 30.9 million USD overall, with a notable but temporary recovery occurring in 2021.

The structure of supply shifted during these years as domestic production trended downward. Imports grew significantly, more than doubling from 2.5 million USD in 2018 to 4.3 million USD in 2024 and reaching a high of 5.9 million USD in 2022. Over the same period, export values declined from 0.6 million USD to 0.3 million USD, reinforcing the market's increased reliance on foreign supply.

Production gypsum, anhydrite and limestone in Finland

In value, 2017-2020, K $ US

Finland's production of gypsum, anhydrite, and limestone declined for the third consecutive year. In 2020, the output was valued at 31 269 thousand US dollars, marking a slight drop of 2.9% from the previous year. Between 2017 and 2020, production decreased by 20.1%, which equates to an annualized rate of 7.2%.

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

In kind, 2017-2020, K t

Finland's production of gypsum, anhydrite, and limestone declined for the third consecutive year. In 2020, 2 153 thousand tonnes were produced, which is 1.2% lower than in 2019. Over the period from 2017 to 2020, production decreased by 12.6%, with a compound annual growth rate of -4.4%.

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

Exports gypsum, anhydrite and limestone from Finland

Exports in kind, K t

The market showed an unstable trend throughout the timeframe. Exports reached their lowest point in 2019 and peaked in 2020, with an 8.2-fold difference between these years. In 2020, gypsum, anhydrite, and limestone exports from Finland stood at 97.2 thousand tonnes, marking a significant improvement of 718.3% compared to the prior year. The minimum value was recorded in 2019 at 11.9 thousand tonnes. The largest decline occurred in 2018, with a drop of 53.4%.

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

From 2017 to 2020, Sweden and Estonia remained the main destinations for exports in kind, together accounting for 99.8% 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

Gypsum, anhydrite, and limestone exports from Finland increased for the second consecutive year. In 2020, Finland exported 1 311 thousand US dollars worth of these materials, indicating a sharp advance of 44.5% year-over-year. Between 2017 and 2020, exports increased by 79.6%, equating to an annualized rate of 21.5%. The minimum value was recorded in 2018 at 624 thousand US dollars. The largest decline occurred in 2018, with a drop of 14.5%, while the largest increase was recorded in 2019 at 45.3%.

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

From 2017 to 2020, Sweden and Estonia clearly dominated the partner structure for exports in value terms, while other countries together formed the remaining share.

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

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

Imports gypsum, anhydrite and limestone to Finland

Imports in kind, K t

The data reveals irregular changes, indicating a volatile market environment. Imports varied by 21 times, from a low in 2019 to a high in 2020. Finland imported approximately 256.7 thousand tonnes of gypsum, anhydrite, and limestone in 2020, up by 2,019.8% from 2019. The minimum value was recorded in 2019 at 12.1 thousand tonnes. The largest decline occurred in 2019, with a drop of 93.9%.

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

From 2017 to 2020, Spain played a dominant role in imports in kind of gypsum, anhydrite, and limestone to Finland, consistently accounting for 96.4% 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

Finland's imports of gypsum, anhydrite, and limestone increased for the second consecutive year. In 2020, imports totalled 4 121 thousand US dollars, reflecting a strong rise of 19.5% year-over-year. Over the period from 2017 to 2020, imports increased by 41.9%, with a compound annual growth rate of 12.4%. The minimum value was recorded in 2018 at 2 548 thousand US dollars. The largest decline occurred in 2018, with a drop of 12.3%, while the largest increase was recorded in 2019 at 35.4%.

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

From 2017 to 2020, Spain concentrated most of imports in value terms, taking 78.1% of total flows, with a fragmented tail of other markets.

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

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