Phosphinates, phosphonates, phosphates and polyphosphates market in Finland

Earlier Report Observations

The Finnish market for phosphinates, phosphonates, phosphates and polyphosphates saw considerable fluctuations in physical volume between 2018 and 2024. Following a drop to 167 thousand tons in 2019, consumption rebounded and reached a peak of 209 thousand tons in 2022, before contracting to 190 thousand tons by the end of the period.

Measured in value, the market exhibited even more pronounced swings, expanding from $97.6 million in 2018 to a high of $214.8 million in 2022, then declining to $165.6 million in 2024. This points to substantial variations in average prices or shifts in the product mix during these years.

The operating environment for the market was influenced by broader European and global trends, including sustained demand for phosphonates from water treatment and industrial sectors, alongside progressively stricter EU environmental regulations concerning phosphate-based compounds.

Production phosphinates, phosphonates, phosphates and polyphosphates in Finland

In value, 2017-2020, K $ US

Finland's production of phosphinates, phosphonates, phosphates and polyphosphates rebounded after a two-year decline. In 2020, output reached 95 292 thousand US dollars, marking a 16.0% increase from the previous year. Over the 2017-2020 period, production grew by 2.5%, with an average annual growth rate of 0.8%. The lowest value was recorded in 2019 at 82 142 thousand US dollars, which also saw the largest decline of 8.4%.

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

In kind, 2017-2020, K t

Following a two-year decrease, Finland's production of phosphinates, phosphonates, phosphates and polyphosphates saw an upturn. In 2020, the country produced 185.3 thousand tonnes, representing a year-over-year gain of 14.4%. However, from 2017 to 2020, overall production fell by 7.1%, translating to an average annual decline of 2.4%. The minimum output was in 2019 at 162.0 thousand tonnes, while the largest drop occurred in 2018 with a 12.8% decrease.

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

Exports phosphinates, phosphonates, phosphates and polyphosphates from Finland

Exports in kind, t

The market exhibited significant volatility during the observed period. In 2020, Finland's exports of phosphinates, phosphonates, phosphates and polyphosphates totaled 9 698 tonnes, a dramatic 9,345.4% surge from 2019. The lowest volume was recorded in 2018 at just 13 tonnes, which also experienced the largest decline of 57.5%. Overall, exports varied by a factor of 748 between the 2018 low and the 2020 peak.

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

From 2017 to 2020, Sweden and the United Kingdom dominated Finland's exports in kind, jointly accounting for 82.7% of the total. Other countries contributed to a more diversified but smaller share of exports.

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

Market behavior was marked by volatility in these years. In 2020, the value of phosphinates, phosphonates, phosphates and polyphosphates exported from Finland stood at 4 114 thousand US dollars, reflecting a substantial year-over-year increase of 1,772.9%. The lowest value was in 2018 at 47 thousand US dollars, which also saw the largest decline of 54.5%. Overall, export values peaked in 2020 and bottomed out in 2018, with an 88-fold difference between these extremes.

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

During 2017-2020, Sweden, the United Kingdom, and the Netherlands were the key destinations for Finland's exports in value terms. Sweden accounted for 49.8% of export value, the United Kingdom for 23.8%, and the Netherlands for 10.7%, together making up 84.4% 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 phosphinates, phosphonates, phosphates and polyphosphates to Finland

Imports in kind, t

In 2020, Finland's import volume of phosphinates, phosphonates, phosphates and polyphosphates was 6 103 tonnes, showing a 13.5% year-over-year rise. Over the 2017-2020 period, imports increased by 8%, with an average annual growth rate of 2.6%. The lowest volume was in 2019 at 5 378 tonnes, which also recorded the largest decline of 19.0%. In contrast, the highest volume was in 2018 at 6 641 tonnes, marking the largest increase of 17.6%.

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

From 2017 to 2020, Russia, Germany, and Belgium were the primary suppliers of phosphinates, phosphonates, phosphates and polyphosphates to Finland in kind. Russia contributed 42.0% of imports, Germany 12.9%, and Belgium 8.2%, collectively representing 63.1% of total import volume.

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 import value of phosphinates, phosphonates, phosphates and polyphosphates declined for the second consecutive year. In 2020, import value was 6 807 thousand US dollars, a slight decrease of 3.0% from the previous year. The highest value was recorded in 2018 at 7 999 thousand US dollars, which also saw the largest increase of 18.7%. The largest decline occurred in 2019 with a 12.2% drop.

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

Throughout 2017-2020, Germany, Russia, and France formed the core group of markets for Finland's imports in value terms. Germany accounted for 23.5% of import value, Russia for 15.9%, and France for 11.7%, together comprising 51.1% 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