PS in primary forms market in Finland

Earlier Report Observations

From 2018 to 2021, imports of polystyrene in primary forms into Finland increased steadily from 33.2 thousand tons to 44.2 thousand tons. After 2021, imports began to decline, falling to 26.6 thousand tons by 2023 before a slight recovery to 30.7 thousand tons in 2024, while exports remained minimal throughout the period.

The domestic market volume peaked at 147.6 thousand tons in 2021 before contracting to 136.1 thousand tons in 2022 and then dropping sharply to 98.2 thousand tons in 2023. In 2024, the market showed tentative stabilization, edging up to 101.5 thousand tons, mirrored by a decline in production from 106.4 thousand tons in 2021 to 73.6 thousand tons in 2023, with output stabilizing at 73.0 thousand tons in 2024.

In value terms, the market followed a similar trajectory, declining from 308.6 million USD in 2021 to 302.7 million USD in 2022, then plunging to 178.6 million USD in 2023 before a modest recovery to 188.1 million USD in 2024.

Production PS in primary forms in Finland

According to Faostat, there is no production of PS in primary forms in Finland.

Exports PS in primary forms from Finland

Exports in kind, t

The market showed an unstable trend throughout the period. Export volumes varied significantly, reaching their lowest point in 2020 and peaking in 2019, with a two-fold difference between these years. In 2020, Finland exported 2 533 tons of PS in primary forms, which represents a 49.0% decrease compared to 2019. The maximum value was recorded in 2019 at 4 964 tons, with the largest increase of 78.2% also occurring that year.

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

From 2017 to 2020, the main buyers of PS in primary forms from Finland were the United States (accounting for 20.9% of exports in kind), the United Kingdom (18.9%), and Germany (15.0%). Together, these three countries comprised 54.8% of Finland's total exports in kind during this period.

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

After two years of decline, exports of PS in primary forms from Finland increased in 2020. That year, Finland exported 7 235 thousand US dollars worth of PS in primary forms, showing a robust year-over-year improvement of 12.4%. However, between 2017 and 2020, overall exports decreased by 31.2%, which translates to an annualized rate of 11.7%. The minimum value was recorded in 2019 at 6 440 thousand US dollars, with the largest decline of 31.6% also occurring in 2019.

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

Throughout the 2017–2020 period, the three largest markets for Finland's exports in value terms remained the United States, the United Kingdom, and Germany. Together, they accounted for 57.6% 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 PS in primary forms to Finland

Imports in kind, t

Imports of PS in primary forms into Finland increased for the third consecutive year in 2020. That year, imports amounted to 40 669 tons, indicating a limited gain of 4.8% compared to 2019. Over the entire 2017–2020 period, imports grew by 24.2%, with a compound annual growth rate of 7.5%.

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

From 2017 to 2020, Germany (with 24.8% of imports in kind), France (16.7%), and Austria (13.0%) formed the core group of markets for Finland's imports in kind. Together, these three countries represented 54.5% of total import flows during this timeframe.

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

The volume of PS in primary forms imports into Finland declined for the second consecutive year in 2020. Imports that year amounted to 42 248 thousand US dollars, corresponding to a decrease of 2.8% compared to the previous year. Between 2017 and 2020, imports decreased by 20.5%, equating to an annualized rate of 7.4%. The maximum value was recorded in 2018 at 54 704 thousand US dollars, with the largest decline of 20.5% occurring in 2019. The largest increase was recorded in 2018 at 2.9%.

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

In the 2017–2020 period, the leading destinations for imports in value terms of PS in primary forms to Finland were Germany (accounting for 24.9% of imports in value terms), Austria (16.9%), and France (15.7%). These three countries jointly accounted for 57.5% 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