Rigid plastic tubes, pipes and hoses market in Finland

Earlier Report Observations

The Finnish market for rigid plastic tubes, pipes and hoses showed considerable volatility between 2018 and 2023. Following a decline in 2019, market volume recovered strongly, reaching a high of 79 175 t in 2021. This growth was supported by a rise in domestic production to 72 085 t and sustained import levels around 15 000 t.

A sharp contraction began in 2022, with market volume dropping to 55 578 t and further to 45 819 t in 2023. This downturn coincided with a significant reduction in local production, which fell to 39 557 t in 2023. While imports remained relatively stable, the overall supply into the market decreased substantially during this period.

In value terms, the market followed a similar pattern, peaking at 242.5 million USD in 2021 before declining to 155.1 million USD in 2023. A partial recovery was recorded in 2024, with the market's value increasing to 164.4 million USD.

Production rigid plastic tubes, pipes and hoses in Finland

In value, 2017-2020, M $ US

In 2020, Finland's production of rigid plastic tubes, pipes, and hoses reached a value of 212.3 million US dollars, marking a significant 16.1% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 8.3%, which translates to an annualized growth rate of 2.7%. The lowest production value was recorded in 2019 at 182.8 million US dollars, with the largest decline of 9.6% also occurring that year.

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

In kind, 2017-2020, t

In 2020, Finland produced 69,214 tonnes of rigid plastic tubes, pipes, and hoses, representing an 8.8% increase compared to 2019. Over the 2017-2020 period, production rose by 4.7%, equating to an annualized growth rate of 1.5%. The lowest production volume was in 2019 at 63,645 tonnes, with the largest decline of 6.3% also recorded that year.

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

Exports rigid plastic tubes, pipes and hoses from Finland

Exports in kind, t

The market for exports in kind showed an unstable trend during this period. Exports peaked in 2018 and hit their lowest point in 2019, with a 3.4-fold difference between these years. In 2020, Finland's exports of rigid plastic tubes, pipes, and hoses amounted to 5,321 tonnes, which is a substantial 109.8% increase from 2019. The minimum export volume was 2,536 tonnes in 2019, while the maximum was 8,547 tonnes in 2018. The largest decline occurred in 2019, dropping by 70.3%.

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

From 2017 to 2020, the primary buyers of Finland's rigid plastic tubes, pipes, and hoses in kind were Sweden (49.8% of exports), Estonia (22.0%), and Denmark (12.9%). Together, these three countries accounted for 84.7% of total exports in kind.

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 rigid plastic tubes, pipes, and hoses in value terms declined for the second consecutive year. In 2020, export value stood at 34,544 thousand US dollars, down 17.4% from the previous year. Over the 2017-2020 period, exports decreased by 12%, with a compound annual growth rate (CAGR) of -4.2%. The highest export value was recorded in 2018 at 45,275 thousand US dollars, with the largest increase of 15.4% also occurring that year.

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

From 2017 to 2020, the main markets for Finland's exports in value terms were Sweden (44.0% of exports), Germany (16.4%), and Estonia (8.7%). Collectively, these three countries represented 69.0% 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 rigid plastic tubes, pipes and hoses to Finland

Imports in kind, t

Import volumes in kind experienced noticeable fluctuations during this period. They reached their highest point in 2018 and their lowest in 2019, with a 2.5-fold difference between these years. In 2020, Finland's imports of rigid plastic tubes, pipes, and hoses totaled 14,800 tonnes, reflecting a sharp 123.4% increase from 2019. The minimum import volume was 6,625 tonnes in 2019, while the maximum was 16,318 tonnes in 2018. The largest decline of 59.4% was recorded in 2019.

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

From 2017 to 2020, the leading suppliers of rigid plastic tubes, pipes, and hoses to Finland in kind were Sweden (60.5% of imports), Lithuania (7.1%), and Germany (6.9%). Together, these three countries accounted for 74.5% of total imports in kind.

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

In 2020, Finland's imports of rigid plastic tubes, pipes, and hoses in value terms amounted to 45,545 thousand US dollars, showing a modest 8.2% increase compared to 2019. The lowest import value was 42,094 thousand US dollars in 2019, while the highest was 51,634 thousand US dollars in 2018. The largest decline of 18.5% occurred in 2019, and the largest increase of 13.2% was in 2018.

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

From 2017 to 2020, three key markets—Sweden, Germany, and Denmark—collectively accounted for 67.2% of Finland's total imports in value terms for rigid plastic tubes, pipes, and hoses.

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

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