Earlier Report Observations
The market for PE sacks and bags in Finland experienced notable volatility between 2018 and 2024, reaching its highest volume of 23.6 thousand tons in 2019. Following this peak, the market entered a prolonged contraction, shrinking to 12.3 thousand tons by 2023. This represented a reduction of approximately one-third from the 2018 level.
A slight recovery to 12.7 thousand tons occurred in 2024. This stabilization coincided with a period of rising European demand for ethylene polymer bags, supported by increased consumption in packaging and industrial applications, which provided a supportive environment for the Finnish market.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production PE sacks and bags in Finland
In value, 2017-2020, K $ US
Production of PE sacks and bags in Finland has increased for the second consecutive year. In 2020, the output was valued at 85 321 thousand US dollars, marking a 5.7% rise compared to 2019. Over the period from 2017 to 2020, production grew by 6.5%, with a compound annual growth rate of 2.1%. The lowest value was recorded in 2018 at 79 524 thousand US dollars, which also saw the largest decline of 0.8%.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.8%) | 1.5% | 5.7% | 2.1% |
In kind, 2017-2020, t
Finland's production of PE sacks and bags has risen for the third consecutive year. In 2020, the country produced 30 127 tonnes, an 8.8% increase year-over-year. Between 2017 and 2020, production expanded by 16.9%, translating to an annualized growth rate of 5.3%.
Annual dynamics of production in Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.8% | 6.5% | 8.8% | 5.3% |
Exports PE sacks and bags from Finland
Exports in kind, t
The market exhibited volatility during these years. Exports reached their lowest point in 2019 at 4 069 tonnes, with the largest decline of 44.2% recorded that year. In contrast, 2020 saw the highest export volume at 8 359 tonnes, representing a sharp increase of 105.4% compared to the previous year, resulting in a 2.1-fold gap between the two years.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.1% | (44.2%) | 105.4% | 7.1% |
From 2017 to 2020, Sweden, Norway, and Estonia dominated the export structure in volume terms. Sweden accounted for 61.2% of exports, Norway for 11.7%, and Estonia for 5.3%, collectively making up 78.2% of total export 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
In 2020, foreign supplies of PE sacks and bags from Finland reached 23 713 thousand US dollars, showing a 7.2% increase compared to 2019. Over the period from 2017 to 2020, exports grew by 11.5%, with a compound annual growth rate of 3.7%. The largest decline was recorded in 2019 at 0.8%.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.8% | (0.8%) | 7.2% | 3.7% |
From 2017 to 2020, Sweden, Norway, and Estonia remained the primary buyers of PE sacks and bags from Finland in value terms. Sweden represented 51.3% of exports, Norway 11.7%, and Estonia 6.1%, together accounting for 69.1% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports PE sacks and bags to Finland
According to available market data, there were no imports of PE sacks and bags into Finland from 2017 to 2020.
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