Plastic reservoirs, tanks, vats and similar containers with capacity >300 litres market in Finland

Earlier Report Observations

After reaching 3 732 metric tons in 2018, the Finnish market for large plastic containers declined over the next two years, falling to 2 855 metric tons by 2020. The implementation of the Wastewater Act in late 2019 introduced stricter requirements for sewage tanks, boosting demand for sealed models in summer cottage use to prevent frost damage, which supported activity in this specific segment during the broader market contraction.

A strong recovery followed, with market volume rising to 3 819 metric tons in 2021 and continuing to grow, peaking at 4 446 metric tons in 2023. In value terms, the market followed a similar volatile trajectory, reaching 39.7 million USD in 2023, reflecting shifts in pricing and demand composition across the period.

In 2024, the market faced persistent challenges in plastic material availability and significant geopolitical uncertainty due to the war in Ukraine, contributing to high energy costs and price volatility across Europe. Concurrently, the entry of Finnish company Kaucon Oy with advanced UN-certified IBC solutions for fuel transport exemplified innovation, while growing preference for lightweight plastic fuel tanks and heightened consumer environmental awareness continued to reshape market demand, with the market's value increasing to 40.9 million USD.

Production plastic reservoirs with capacity >300 litres in Finland

In value, 2017-2020, K $ US

In 2020, Finland's production of plastic reservoirs, tanks, vats, and similar containers with a capacity exceeding 300 liters was valued at 40 378 thousand US dollars, marking a 22.6% decrease compared to 2019. The peak value occurred in 2019 at 52 144 thousand US dollars, which also saw the largest annual increase of 9.8%. Over the period from 2017 to 2020, production declined by 19.2%, translating to an annualized rate of 6.8%.

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

In kind, 2017-2020, t

In 2020, Finland produced 3 203 metric tons of plastic reservoirs, tanks, vats, and similar containers with a capacity over 300 liters, reflecting a significant year-over-year decline of 20.4%. Production reached its highest level in 2019 at 4 023 metric tons, which also experienced the largest annual increase of 12.7%. From 2017 to 2020, overall production decreased by 12.5%, with a compound annual growth rate of -4.3%.

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

Exports plastic reservoirs with capacity >300 litres from Finland

Exports in kind, t

After two years of decline, Finland's exports of plastic reservoirs, tanks, vats, and similar containers with a capacity greater than 300 liters showed a modest recovery in 2020, reaching 2 153 metric tons—a 6.2% increase year-over-year. The lowest export volume was recorded in 2019 at 2 028 metric tons, while the largest annual decline occurred in 2018 at 9.8%. Over the 2017-2020 period, exports fell by 8.7%, with a compound annual growth rate of -3.0%.

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

From 2017 to 2020, Sweden, Denmark, and Norway were the primary destinations for Finland's exports of plastic reservoirs, tanks, vats, and similar containers with a capacity over 300 liters. Sweden accounted for 25.5% of exports in kind, Denmark for 15.3%, and Norway for 10.0%, collectively representing 50.9% of total export volumes.

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 Finland's exports of plastic reservoirs, tanks, vats, and similar containers with a capacity exceeding 300 liters was 19 405 thousand US dollars, indicating a substantial decrease of 13.1% compared to 2019. The highest export value was recorded in 2019 at 22 324 thousand US dollars, which also saw the largest annual increase of 11.6%. Over the 2017-2020 span, export values declined by 12.8%, with a compound annual growth rate of -4.5%.

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

Between 2017 and 2020, Finland's exports of plastic reservoirs, tanks, vats, and similar containers with a capacity over 300 liters were distributed across a diverse range of markets. Sweden led with 23.0% of export value, followed by Denmark at 15.3%, and Norway at 9.9%, together accounting for 48.2% of total export value. The remaining 51.8% was spread among numerous smaller destinations.

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 reservoirs with capacity >300 litres to Finland

Imports in kind, t

Finland imported 1 805 metric tons of plastic reservoirs, tanks, vats, and similar containers with a capacity over 300 liters in 2020, representing a sharp increase of 47.6% from the previous year. The lowest import volume was in 2019 at 1 223 metric tons, which also experienced the largest annual decline of 46.5%, while the peak was in 2018 at 2 288 metric tons. From 2017 to 2020, imports decreased by 14.3%, equating to an annualized rate of 5.0%.

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

During the 2017-2020 period, Norway, Sweden, and Germany were the main sources for Finland's imports of plastic reservoirs, tanks, vats, and similar containers with a capacity exceeding 300 liters. Norway contributed 38.0% of import volumes, Sweden 32.3%, and Germany 8.8%, collectively making up 79.0% 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 reservoirs, tanks, vats, and similar containers with a capacity over 300 liters declined for the second consecutive year in 2020, with a value of 8 728 thousand US dollars—a 7.8% decrease year-over-year. The highest import value was in 2018 at 10 867 thousand US dollars, which also saw the largest annual increase of 48.0%, while the largest annual decline occurred in 2019 at 12.9%. Over the 2017-2020 period, import values rose by 18.9%, with a compound annual growth rate of 5.9%.

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

From 2017 to 2020, the leading sources for Finland's imports of plastic reservoirs, tanks, vats, and similar containers with a capacity greater than 300 liters, in value terms, were Norway, Sweden, and Germany. Norway accounted for 30.6% of import value, Sweden for 26.5%, and Germany for 10.5%, together comprising 67.7% 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