Iron or steel doors, windows, frames and thresholds market in Finland

Earlier Report Observations

The market for iron or steel doors, windows, frames and thresholds in Finland experienced significant fluctuations in physical volume between 2018 and 2023, with the market size peaking at 5.2 million units in 2019 before declining to 3.5 million units in 2021. In value terms, the market demonstrated greater stability, growing from $146.3 million in 2018 to $163.8 million in 2024, with notable increases to $157.3 million in 2020 and $168.2 million in 2022.

A strong rebound in market volume to 4.8 million units occurred in 2022, a year which also saw a calming in the window and door renovation sector within housing associations, influencing demand patterns. The market value reached $168.2 million that year, followed by a period of stabilization in 2023.

By 2024, the market value saw a slight adjustment to $163.8 million. This period was characterized by rising material costs, reported between 8% and 12% for exterior doors, and increased manufacturing expenses linked to high molybdenum prices. Concurrently, building regulations emphasizing safety, fire protection, and thermal insulation, alongside growing consumer preference for durable and energy-efficient products, continued to shape market dynamics.

Production iron or steel doors, windows, frames and thresholds in Finland

In value, 2017-2020, M $ US

Finland's production of iron or steel doors, windows, frames, and thresholds has grown for the third year in a row. In 2020, output reached 127.5 million US dollars, marking a modest 7.2% increase from the previous year. From 2017 to 2020, production rose by 32.6%, which translates to an average annual growth rate of 9.8%.

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

In kind, 2017-2020, K unit

Market performance showed significant fluctuations over this period. The lowest volume was recorded in 2017, while the highest was in 2020, with a peak-to-trough ratio of 2.6 times. In 2020, Finland produced 298.0 thousand units of iron or steel doors, windows, frames, and thresholds, representing a year-over-year gain of 27.8%. The largest decline occurred in 2019, at 18.5%, while the biggest increase was in 2018, at 150.6%.

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

Exports iron or steel doors, windows, frames and thresholds from Finland

Exports in kind, K unit

After two years of growth, exports of iron or steel doors, windows, frames, and thresholds from Finland declined. In 2020, Finland exported 2 619 thousand units, a sharp reduction of 25.6% compared to 2019. From 2017 to 2020, exports increased by 45.2%, with a compound annual growth rate of 13.2%. The highest volume was recorded in 2019, at 3 519 thousand units, and the largest increase was in 2018, at 40.7%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K unit

From 2017 to 2020, Germany, France, and Sweden were the leading destinations for Finland's exports of iron or steel doors, windows, frames, and thresholds in volume terms. Germany accounted for 45.7% of exports, France for 21.1%, and Sweden for 11.6%, together making up 78.3% 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

Following two years of improvement, exports of iron or steel doors, windows, frames, and thresholds from Finland fell. In 2020, Finland exported 26 251 thousand US dollars worth of these products, a notable drop of 19.9% year-over-year. Between 2017 and 2020, exports grew by 34.2%, equating to an annualized rate of 10.3%. The peak value was in 2019, at 32 776 thousand US dollars, with the largest increase also in 2019, at 31.3%.

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

Throughout 2017 to 2020, Germany, France, and Sweden remained the primary markets for Finland's exports of iron or steel doors, windows, frames, and thresholds in value terms. Germany held 36.9% of exports, France 19.8%, and Sweden 6.7%, collectively accounting for 63.4% 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 iron or steel doors, windows, frames and thresholds to Finland

Imports in kind, K unit

The data shows irregular changes, pointing to a volatile market environment. Imports hit their lowest point in 2017 and peaked in 2019, with a 2.1-fold difference between these years. In 2020, Finland imported 6 588 thousand units of iron or steel doors, windows, frames, and thresholds, reflecting a strong decline of 22.6% from the previous year. The highest volume was in 2019, at 8 512 thousand units, and the largest increase was in 2018, at 76.2%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K unit

From 2017 to 2020, Estonia, Italy, and Czechia consistently served as the main sources for Finland's imports of iron or steel doors, windows, frames, and thresholds in volume terms. Estonia contributed 23.5% of imports, Italy 22.2%, and Czechia 14.6%, together making up 60.3% 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

In 2020, Finland imported 55 989 thousand US dollars worth of iron or steel doors, windows, frames, and thresholds, showing a moderate increase of 4.1% compared to 2019. From 2017 to 2020, imports rose by 49.4%, with an annualized growth rate of 14.3%. The highest value was recorded in 2018, at 61 009 thousand US dollars, while the largest decline was in 2019, at 11.8%, and the biggest increase was in 2018, at 62.8%.

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

Throughout 2017 to 2020, Estonia, Germany, and the Netherlands formed the core of Finland's imports of iron or steel doors, windows, frames, and thresholds in value terms. Estonia accounted for 24.9% of imports, Germany for 15.9%, and the Netherlands for 14.0%, together representing 54.8% 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