Plasters of calcined gypsum or calcium sulphate market in Finland

Earlier Report Observations

Between 2018 and 2020, import volumes of plasters of calcined gypsum remained stable, reflecting sustained demand in the Finnish construction sector. The market was supported by major players like Knauf Oy with local production in Kankaanpää, ensuring supply. In 2020, the COVID-19 pandemic did not significantly dampen demand, as renovation activities helped maintain consumption.

From 2021 to 2022, the market expanded, with production rising from 1.02 million dollars to 1.35 million dollars and market size growing from 3.10 million dollars to 3.29 million dollars. This growth was driven by increased construction investments and a surge in housing starts, which boosted demand for gypsum plasters. The introduction of new product variants, such as moisture-resistant and special boards, further stimulated the market. Additionally, updates to building regulations and tighter environmental requirements in 2022 encouraged local manufacturing and innovation.

The market contracted sharply from 2023 onward, with production dropping to 0.51 million dollars and market size falling to 1.74 million dollars by 2024. New energy efficiency and fire safety regulations introduced in 2023 altered technical specifications, affecting production costs and demand. The anticipated new Building Law set to take effect in 2025, along with changes in housing support policies—including cuts to Ara-subsidized production and a slowdown in market-rate construction—significantly reduced construction activity and material demand in 2024.

Production plasters of calcined gypsum or calcium sulphate in Finland

According to Faostat, there is no production of plasters of calcined gypsum or calcium sulphate in Finland.

Exports plasters of calcined gypsum or calcium sulphate from Finland

Exports in kind, t

The market exhibited significant volatility during this period. Exports reached their lowest point in 2019 at 3 tons, then surged to 12 tons in 2020, marking a 350.9% increase from the previous year. The peak occurred in 2017, with volumes 8.1 times higher than the 2019 low. The most substantial decline was recorded in 2019 at 87.1%.

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

From 2017 to 2020, Norway consistently served as the primary destination for exports in kind, accounting for 89.4% of total flows, while various smaller markets made up the remainder.

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 plasters of calcined gypsum or calcium sulphate declined for the second year in a row. In 2020, exports totaled 28 thousand US dollars, down 24.0% year-over-year. The highest value was recorded in 2018 at 50 thousand US dollars, followed by the largest decline in 2019 at 27.0% and the largest increase in 2018 at 3.7%. Overall, exports fell 42.5% between 2017 and 2020, equivalent to an annualized decline of 16.8%.

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

Throughout 2017–2020, Norway dominated exports in value terms, holding an 83.3% share of total flows, with other markets collectively accounting for the rest.

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

World map of product's exports from Finland in value, 2017-2020

Imports plasters of calcined gypsum or calcium sulphate to Finland

Imports in kind, t

Market behavior was marked by volatility in these years. Imports hit a low of 5 567 tons in 2019, then rose to 9 574 tons in 2020, a 72.0% increase from the previous year. The peak was in 2018 at 9 995 tons, resulting in a 1.8-fold variation between the 2018 high and 2019 low. The largest decline occurred in 2019 at 44.3%.

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

From 2017 to 2020, Germany and Latvia were the main sources for imports in kind, together representing 98.6% 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

Finland's imports of plasters of calcined gypsum or calcium sulphate totaled 1 717 thousand US dollars in 2020, up 10.5% from 2019. The lowest value was recorded in 2019 at 1 554 thousand US dollars, with the largest decline that year at 2.1%. Over the 2017-2020 period, imports grew by 8.8%, corresponding to a compound annual growth rate of 2.9%.

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

During 2017–2020, Germany led imports in value terms with a 75.7% share, while the remaining flows were spread across a diverse group of smaller countries.

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

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