Market research

Propellant powders market in Finland

Propellant powders market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The domestic market volume for propellant powders in Finland experienced significant fluctuations between 2021 and 2024. After reaching 201 tons in 2021, it contracted to 156 tons in 2022, before recovering to 208 tons in 2023 and expanding further to 256 tons in 2024.

This volatility was driven by changes in production and trade flows. Domestic production fell from 802 tons in 2021 to 723 tons in 2023, before surging to 966 tons in 2024. Imports, which had grown steadily to 50 tons in 2023, collapsed to just over 1 ton in 2024. Meanwhile, exports remained high, exceeding 560 tons annually from 2021 onwards, with a peak of 711 tons in 2024. The net result was a shrinking market in 2022 when export volumes remained stable while production dipped, and a growing market in 2024 as a production spike outweighed a sharp import reduction.

In value terms, the market mirrored this trajectory, declining to 5.2 million USD in 2022 before rising to 7.4 million USD in 2023 and 11.0 million USD in 2024.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2021-2024
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2021-2024
      2. 4.1.2. In value
        1. 4.1.2.1. Production, 2021-2024
        2. 4.1.2.2. Imports, 2018-2024
        3. 4.1.2.3. Exports, 2018-2024
        4. 4.1.2.4. Market size, 2021-2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Finland
      1. 5.1.1. In kind, 2021-2024, t
      2. 5.1.2. In value, 2021-2024, K $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, t
      2. 5.2.2. In value, 2018-2024, K $ US
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production propellant powders in Finland

According to Faostat, there is no production of propellant powders in Finland.

Exports propellant powders from Finland

Exports in kind, t

The market showed an unstable trend throughout the period. Export volumes reached their lowest point in 2019 at 8.5 tonnes, then peaked in 2020 at 401.1 tonnes, representing a dramatic 47-fold increase. This surge in 2020 reflected a remarkable 4,625.7% rise compared to the previous year. The most significant decline occurred in 2019, with a drop of 97.5%.

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

Parameter201820192020CAGR
1Change from last year13.5%(97.5%)4 625.7%9.8%
Source: SHEV.io

From 2017 to 2020, Finland's propellant powder exports were distributed across a wide range of markets. The top three destinations—France (21.3% of exports), the United States (15.6%), and Italy (12.7%)—collectively accounted for just 49.7% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Following two years of growth, Finland's propellant powder exports in value terms experienced a decline. In 2020, export value stood at 14 221 thousand US dollars, marking a modest decrease of 3.1% from 2019. Over the 2017-2020 period, exports grew by 26.9%, with an average annual growth rate of 8.3%. The highest value was recorded in 2019 at 14 676 thousand US dollars, which saw the largest increase of 15.9%.

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

Parameter201820192020CAGR
1Change from last year13.0%15.9%(3.1%)8.3%
Source: SHEV.io

Between 2017 and 2020, three key markets—France, Germany, and the United States—dominated Finland's propellant powder exports in value terms, together representing 50.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports propellant powders to Finland

Imports in kind, t

After two years of decline, Finland's propellant powder imports in volume terms rebounded. In 2020, imports totaled 12.3 tonnes, showing a 31.3% increase compared to 2019. Over the 2017-2020 period, imports fell by 35%, with an average annual decline of 13.4%. The lowest volume was recorded in 2019 at 9.4 tonnes, which also saw the steepest drop of 37.3%.

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

Parameter201820192020CAGR
1Change from last year(21.0%)(37.3%)31.3%(13.4%)
Source: SHEV.io

From 2017 to 2020, Finland's propellant powder imports in volume terms were heavily concentrated on Sweden, which accounted for 97.6% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Finland's propellant powder imports in value terms declined for the third consecutive year. In 2020, imports amounted to 271 thousand US dollars, reflecting a substantial drop of 21.5% from the previous year. Over the 2017-2020 period, imports decreased by 43%, with an average annual decline of 17.1%.

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

Parameter201820192020CAGR
1Change from last year(25.0%)(3.1%)(21.5%)(17.1%)
Source: SHEV.io

During 2017-2020, Finland's propellant powder imports in value terms were highly concentrated on Sweden, which represented 94.8% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

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