Slaked market in Finland

Earlier Report Observations

The slaked lime market in Finland experienced overall growth in physical volume from 2018 to 2024. Starting at 58 182 tons in 2018, market size remained relatively stable through 2019 and 2020, hovering between 58 000 and 59 000 tons.

A significant expansion phase began in 2021, when consumption jumped to 65 641 tons and further surged to 79 729 tons in 2022. This period was characterized by a sharp increase in import volumes, which peaked at over 28 000 tons in 2022. After a correction to 69 038 tons in 2023, the market reached its highest point at 85 472 tons in 2024.

Domestic production showed volatility during this period, declining in 2019 and more sharply in 2021 before recovering and setting a new high of over 71 000 tons in 2024. Exports, which were higher in the earlier years, fell substantially after 2020 and remained low, contributing to greater product availability for the domestic market.

Production slaked in Finland

In kind, 2017-2020, t

In 2020, Finland produced 59,475 tonnes of slaked, marking a moderate increase of 4.3% compared to 2019. Over the period from 2017 to 2020, production grew by 15.9%, with an average annual growth rate of 5.0%. The highest production level was recorded in 2018 at 59,795 tonnes, which saw the largest increase of 16.5% that year. In contrast, 2019 experienced the largest decline of 4.7%.

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

Exports slaked from Finland

Exports in kind, t

The export market displayed significant volatility during the observed period. Exports reached their lowest point in 2017 and peaked in 2020, with a 4.5-fold difference between these years. In 2020, Finland exported 6,619 tonnes of slaked, representing a substantial 52.0% increase from the previous year. The largest decline occurred in 2019 at 31.4%, while the most significant increase was in 2018 at 329.1%.

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

From 2017 to 2020, Sweden and Estonia were the primary destinations for Finland's slaked exports, jointly accounting for 89.8% of the total volume. The remaining exports were distributed among various smaller markets.

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

The export market in value terms exhibited notable volatility over these years. Export volumes reached their minimum in 2017 and peaked in 2018, with a top-to-bottom ratio of 2.9 times. In 2020, slaked exports from Finland amounted to 887,000 US dollars, reflecting a 36.5% increase compared to the prior year. The highest value was recorded in 2018 at 899,000 US dollars, which saw the largest increase of 185.2%. The largest decline occurred in 2019 at 27.7%.

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

Between 2017 and 2020, Sweden and Estonia remained the main export destinations in value terms, jointly representing 84.5% of total export flows. The remaining share was divided among other markets.

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

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

Imports slaked to Finland

Imports in kind, t

Finland's slaked imports continued to rise for the second consecutive year. In 2020, import volume reached 6,219 tonnes, showing a robust gain of 13.5% compared to 2019. From 2017 to 2020, imports increased by 5.3%, equating to an annualized growth rate of 1.7%. The lowest import volume was recorded in 2018 at 4,733 tonnes, which also saw the largest decline of 19.9%. The largest increase occurred in 2019 at 15.7%.

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

During the period from 2017 to 2020, Denmark and France dominated Finland's slaked imports in volume, jointly accounting for 83.5% of total flows. Other countries contributed the remaining share.

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 import market in value terms was characterized by volatility during these years. Imports reached their lowest point in 2019 and peaked in 2020, with a 1.9-fold gap between these years. In 2020, slaked deliveries to Finland totaled 1,782,000 US dollars, up by 90.9% over the previous year. The minimum value was recorded in 2019 at 934,000 US dollars, which also experienced the largest decline of 24.1%.

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

From 2017 to 2020, Denmark and France were the dominant suppliers of slaked to Finland in value terms, together taking 85.6% of total imports. Other destinations each accounted for relatively small shares.

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

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