Plastic fittings for tubes and pipes market in Finland

Earlier Report Observations

The Finnish market for plastic tube, pipe and hose fittings demonstrated strong growth in value terms from 2018 to 2022, with the total market size increasing from 52 010 thousand dollars to 86 489 thousand dollars. This represented a rise of over 66%, driven by substantial increases in both domestic production and import values during the period.

After reaching a peak in 2022, the market value moderated in 2023 to 83 933 thousand dollars, a decline of 3%, before stabilizing in 2024 at 84 289 thousand dollars. The production sector showed resilience, growing from 41 385 thousand dollars in 2018 to 67 292 thousand dollars in 2024, while import and export flows experienced volatility in the later years.

Production plastic fittings for tubes and pipes in Finland

In value, 2017-2020, K $ US

Finland's production of plastic fittings for tubes and pipes has rebounded after a two-year decline. In 2020, output reached 40 679 thousand US dollars, marking a 7.2% year-over-year increase. However, over the broader period from 2017 to 2020, production fell by 23.5%, with an average annual decline of 8.5%. The lowest point was in 2019 at 37 936 thousand US dollars, while the sharpest drop occurred in 2018 with a 22.2% decrease.

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

In kind, 2017-2020, t

Following a two-year downturn, Finland's production of plastic fittings for tubes and pipes is on the rise. In 2020, output totaled 7 544 tonnes, showing a modest 7.6% improvement compared to the previous year. From 2017 to 2020, overall production decreased by 10.7%, translating to an average annual decline of 3.7%. The minimum was recorded in 2019 at 7 011 tonnes, with the largest single-year drop in 2018 at 10.1%.

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

Exports plastic fittings for tubes and pipes from Finland

Exports in kind, t

The export data shows significant volatility, reflecting an unstable market environment. The lowest volume was in 2019 at 24 tonnes, while the peak occurred in 2018 at 2 590 tonnes—a staggering 106-fold difference between these years. In 2020, exports from Finland stood at 2 357 tonnes, representing an extraordinary surge of 9,584.9% compared to 2019. The sharpest decline was in 2019, with a 99.1% drop.

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

From 2017 to 2020, Sweden, Estonia, and Denmark were the primary destinations for Finland's exports of plastic fittings for tubes and pipes in volume terms. Sweden accounted for 53.0% of exports, Estonia for 11.3%, and Denmark for 9.0%. Together, these three countries made up 73.2% 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, the value of plastic fittings for tubes and pipes exported from Finland was 23 698 thousand US dollars, showing a slight 0.7% increase from the previous year. Over the 2017-2020 period, exports grew by 5.9%, with an average annual rise of 1.9%. The highest value was recorded in 2018 at 26 696 thousand US dollars, while the largest decline occurred in 2019 with an 11.9% drop. The most significant increase was in 2018, up 19.3%.

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

Between 2017 and 2020, Sweden, Germany, and Estonia were the top destinations for Finland's exports in value terms. Sweden led with 32.6% of exports, followed by Germany at 21.5%, and Estonia at 8.2%. Collectively, these three countries accounted for 62.3% 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 plastic fittings for tubes and pipes to Finland

Imports in kind, t

Import volumes exhibited high volatility during this period. The lowest point was in 2019 at 56 tonnes, while the peak was in 2018 at 3 357 tonnes—a 60-fold difference. In 2020, imports into Finland reached 3 326 tonnes, marking a dramatic increase of 5,887.8% compared to 2019. The steepest decline was in 2019, with a 98.3% drop.

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

From 2017 to 2020, Sweden, Poland, and Germany were the main sources for Finland's imports of plastic fittings for tubes and pipes in volume terms. Sweden contributed 27.1% of imports, Poland 17.1%, and Germany 12.6%. Together, these three countries represented 56.8% 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 plastic fittings for tubes and pipes have grown for the third consecutive year. In 2020, import value reached 39 534 thousand US dollars, up 2.8% from the previous year. Over the 2017-2020 period, imports increased by 24.8%, with an average annual growth rate of 7.7%.

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

Between 2017 and 2020, Sweden, Switzerland, and Germany dominated Finland's import structure in value terms. Sweden accounted for 26.5% of imports, Switzerland for 17.6%, and Germany for 14.6%. Combined, these three countries made up 58.8% of total import value.

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

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