Mastics, fillers and surfacing preparations market in Finland

Earlier Report Observations

The Finnish market for mastics, fillers and surfacing preparations saw its volume fluctuate between 216.8 thousand tons and 222.6 thousand tons from 2018 through 2021, with a peak in 2020 followed by a modest contraction the following year. This period of relative stability gave way to a pronounced and consistent decline starting in 2022.

Market volume fell sharply to 177.5 thousand tons in 2022 and continued dropping to 156.1 thousand tons in 2023. The downward trend reached 130.0 thousand tons in 2024, a year marked by the introduction of Extended Producer Responsibility regulations for packaging and stricter general product safety requirements. These regulatory changes increased compliance and operational costs for industry participants, contributing to the market's contraction during this latter phase.

Production mastics, fillers and surfacing preparations in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of mastics, fillers, and surfacing preparations was valued at 87 411 thousand US dollars, representing an 8.4% increase compared to 2019. Over the period from 2017 to 2020, production grew by 8.7%, with a compound annual growth rate of 2.8%. The highest value was recorded in 2018 at 89 475 thousand US dollars, which saw an 11.3% increase. The largest decline occurred in 2019, with a drop of 9.8%.

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

In kind, 2017-2020, K t

In 2020, Finland produced 198.1 thousand tonnes of mastics, fillers, and surfacing preparations, showing a modest 3.1% increase from the previous year. From 2017 to 2020, production rose by 3.2%, equivalent to an annualized growth rate of 1.1%. The peak production was in 2018 at 200.1 thousand tonnes, with a 4.2% increase. The largest decrease was in 2019, with a 4.0% decline.

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

Exports mastics, fillers and surfacing preparations from Finland

Exports in kind, t

The export market showed an unstable trend during this period. Exports peaked in 2017 and reached their lowest point in 2019, with a 785-fold difference between these years. In 2020, Finland exported 26 188 tonnes of mastics, fillers, and surfacing preparations, marking a dramatic 75,325.4% surge compared to 2019. The minimum export volume was recorded in 2019 at 35 tonnes, which represented a 99.9% decline.

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

From 2017 to 2020, Estonia, Sweden, and Latvia were the three main markets, collectively accounting for 68.9% of Finland's total exports of mastics, fillers, and surfacing preparations in volume terms.

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

Finland's exports of mastics, fillers, and surfacing preparations increased for the third consecutive year. In 2020, exports reached 14 213 thousand US dollars, showing a moderate 4.4% rise compared to the previous year. Over the 2017-2020 period, exports grew by 19.5%, with a compound annual growth rate of 6.1%.

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

From 2017 to 2020, Sweden, Estonia, and Russia were the primary destinations for Finland's exports in value terms, contributing 29.9%, 22.5%, and 14.7% respectively. Together, these three markets accounted for 67.1% of total export 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 mastics, fillers and surfacing preparations to Finland

Imports in kind, t

The import market experienced noticeable fluctuations during this period. Imports reached their highest volume in 2020 and their lowest in 2019, with a 2.8-fold gap between these years. In 2020, Finland imported 50 733 tonnes of mastics, fillers, and surfacing preparations, indicating a sharp 180.4% increase year-over-year. The minimum import volume was in 2019 at 18 095 tonnes, which saw a 58.0% decline.

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

From 2017 to 2020, Germany, Sweden, and Denmark were the main sources for Finland's imports in volume terms, accounting for 36.5%, 30.0%, and 8.0% respectively. Collectively, these three countries made up 74.5% of total import 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 mastics, fillers, and surfacing preparations rose for the third year in a row. In 2020, imports totaled 78 011 thousand US dollars, reflecting a gradual 4.5% increase from the previous year. Over the 2017-2020 period, imports increased by 21.9%, with a compound annual growth rate of 6.8%.

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

From 2017 to 2020, Germany, Sweden, and Belgium were the three principal markets, together accounting for 62.2% of Finland's total imports of mastics, fillers, and surfacing preparations in value terms.

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

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