Not ornamented plaster boards and panels market in Finland

Earlier Report Observations

The market for not ornamented plaster boards and panels in Finland saw considerable volatility from 2018 to 2023. After peaking at 23.4 million m² in 2021, consumption contracted sharply over the next two years, falling to a low of 16.9 million m² in 2023.

Market volume partially recovered to 17.5 million m² in 2024. This stabilization was supported by Gyproc's launch of Habito plaster board production at its Kirkkonummi plant, introducing a new durable product line, and the entry into force of the updated EU Energy Performance of Buildings Directive, which raised requirements for energy-efficient construction materials.

Production not ornamented plaster boards and panels in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of not ornamented plaster boards and panels was valued at 51 615 K $ US, representing a 2.7% increase compared to 2019. Over the 2017-2020 period, production grew by 11.3%, with a compound annual growth rate of 3.6%. The highest production value was recorded in 2018 at 55 836 K $ US, which marked a significant 20.4% increase. However, in 2019, production experienced its largest decline of 10.0%.

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

In kind, 2017-2020, K m²

In 2020, Finland produced 23 536 K m² of not ornamented plaster boards and panels, showing a modest 0.7% year-over-year increase. The lowest production volume occurred in 2019 at 23 373 K m², which represented an 8.4% decline. In contrast, 2018 saw the highest production at 25 516 K m², with an 8.9% increase.

Annual dynamics of production in Finland in kind, 2017-2020, K m²

Exports not ornamented plaster boards and panels from Finland

Exports in kind, K m²

Finland's exports of not ornamented plaster boards and panels declined for the second consecutive year. In 2020, export volume totaled 3 137 K m², reflecting a substantial 20.0% decrease compared to 2019. Over the 2017-2020 period, exports fell by 21.3%, with a compound annual decline rate of 7.7%. The peak export volume was recorded in 2018 at 4 019 K m², which saw a slight 0.8% increase.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K m²

From 2017 to 2020, Estonia and Norway were the primary buyers of not ornamented plaster boards and panels from Finland, together accounting for 80.9% of total exports in volume. Other destinations each held relatively small shares.

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 not ornamented plaster boards and panels declined for the second year in a row. In 2020, exports amounted to 6 331 K $ US, showing a notable 10.5% decrease from the previous year. Between 2017 and 2020, exports dropped by 6.8%, equivalent to an annualized decline of 2.3%. The highest export value was in 2018 at 8 323 K $ US, which saw a 22.6% increase. In 2019, exports experienced their largest decline of 15.0%.

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

From 2017 to 2020, Estonia, Norway, and Sweden remained the leading destinations for Finland's exports in value terms. Estonia accounted for 45.8% of exports, Norway for 32.3%, and Sweden for 13.1%, together making up 91.2% 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 not ornamented plaster boards and panels to Finland

Imports in kind, K m²

After two years of growth, Finland's imports of not ornamented plaster boards and panels declined. In 2020, imports reached 869 K m², which is 41.8% lower compared to 2019. Over the 2017-2020 period, imports decreased by 15.2%, with a compound annual decline rate of 5.3%. The highest import volume was in 2019 at 1 491 K m², which saw a 27.2% increase.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K m²

From 2017 to 2020, Poland, Denmark, and Russia were the top suppliers of not ornamented plaster boards and panels to Finland. Poland accounted for 41.5% of imports in volume, Denmark for 17.6%, and Russia for 11.6%, together representing 70.7% of total imports.

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 not ornamented plaster boards and panels declined for the second consecutive year. In 2020, imports totaled 2 000 K $ US, marking a moderate 9.4% reduction compared to 2019. Over the 2017-2020 period, imports fell by 9.5%, with a compound annual decline rate of 3.3%. The peak import value was in 2018 at 3 511 K $ US, which saw a 17.4% increase. In 2019, imports experienced their largest decline of 14.9%.

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

Throughout 2017-2020, Poland, Denmark, and Germany formed the core of Finland's imports in value terms. Poland accounted for 31.8% of imports, Denmark for 27.9%, and Germany for 9.0%, together taking 68.8% of total import flows.

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

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