Twine, cordage, ropes and cables market in Finland

Earlier Report Observations

The Finnish market for twine, cordage, ropes and cables, measured in physical volume, expanded from around 2,970 tons in 2018 to a peak of 4,570 tons in 2022. This growth was interrupted by a sharp contraction to 2,980 tons in 2023, followed by a partial recovery to 3,520 tons in 2024.

In value terms, the market followed a similar trajectory, rising from USD 10.8 million in 2018 to a high of USD 16.3 million in 2022. The market value then fell to USD 11.0 million in 2023 before rebounding to USD 12.5 million in 2024, with value growth generally outpacing volume changes in several years, reflecting shifts in product composition or average prices.

Production twine, cordage, ropes and cables in Finland

In value, 2017-2020, K $ US

In 2020, Finland's output of twine, cordage, ropes, and cables was valued at 4,181 thousand US dollars, marking a slight contraction of 1.7% compared to 2019. Over the period from 2017 to 2020, production decreased by 4.6%, which translates to an annualized decline of 1.6%. The lowest value was recorded in 2018 at 3,904 thousand US dollars, with the largest decline of 11.0% occurring that year. Conversely, the largest increase of 9.0% was observed in 2019.

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

In kind, 2017-2020, t

In 2020, Finland produced 2,234 tonnes of twine, cordage, ropes, and cables, reflecting a limited contraction of 3.9% year-over-year. The lowest production volume was recorded in 2018 at 1,987 tonnes, while the highest was in 2019 at 2,324 tonnes. The largest decline of 12.6% occurred in 2018, whereas the largest increase of 16.9% was seen in 2019.

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

Exports twine, cordage, ropes and cables from Finland

Exports in kind, t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2019 at 13 tonnes, with the largest decline of 88.9% recorded that year. In contrast, exports peaked in 2020 at 128 tonnes, representing a dramatic increase of 910.1% compared to the previous year. The gap between the peak and trough was 10.1-fold.

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

From 2017 to 2020, Denmark, Sweden, and Estonia were the primary markets for exports in kind, accounting for 30.2%, 23.3%, and 14.6% of exports, respectively. Together, these three countries represented 68.1% of total export flows.

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 market showed signs of volatility over the observed period. Exports in value terms fell to their lowest point in 2019 at 694 thousand US dollars, with the largest decline of 11.0% recorded that year. They then peaked in 2020 at 1,188 thousand US dollars, up by 71.3% compared to the previous year. The ratio between the peak and trough was 1.7 times.

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

Between 2017 and 2020, Sweden, Estonia, and Russia consistently remained the main destinations for exports in value terms, representing 25.1%, 20.0%, and 16.9% of exports, respectively. Collectively, these three markets accounted for 62.0% 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 twine, cordage, ropes and cables to Finland

Imports in kind, t

Volatility characterized the market behavior during these years. Imports in kind reached their lowest point in 2019 at 349 tonnes, with the largest decline of 68.1% recorded that year. They peaked in 2017, and by 2020, imports stood at 1,437 tonnes, reflecting a substantial rise of 311.9% compared to the previous year. The peak-to-trough ratio was 4.8 times.

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

Throughout 2017 to 2020, Czechia, China, and Poland formed the core group of markets for imports in kind, accounting for 24.9%, 20.5%, and 17.3% of imports, respectively. Together, these three countries represented 62.6% 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

After a two-year decrease, imported volumes of twine, cordage, ropes, and cables in Finland increased. The lowest value was recorded in 2019 at 7,192 thousand US dollars, with the largest decline of 6.8% occurring that year. In 2020, import volume rose to 8,045 thousand US dollars, constituting an increase of 11.9% compared to the previous year.

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

During 2017 to 2020, twine, cordage, ropes, and cables were supplied to Finland from many different markets. Even the largest destinations—China, Austria, and Germany—together represented only 44.8% of total imports in value terms.

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

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