Finland - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phenols and Other Oils and Oil Products in Finland - 2023
Contents:
- Price for Phenols and Other Oils and Oil Products in Finland (FOB) - 2023
- Price for Phenols and Other Oils and Oil Products in Finland (CIF) - 2023
- Exports of Phenols and Other Oils and Oil Products in Finland
- Imports of Phenols and Other Oils and Oil Products in Finland
Price for Phenols and Other Oils and Oil Products in Finland (FOB) - 2023
The average export price for phenols and other oils and oil products stood at $502 per ton in December 2022, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 23% against the previous month. As a result, the export price reached the peak level of $739 per ton. From April 2022 to December 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In December 2022, the country with the highest price was Belgium ($520 per ton), while the average price for exports to the Netherlands ($473 per ton) was amongst the lowest.
From February 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-1.6%), while the prices for the other major destinations experienced a decline.
Price for Phenols and Other Oils and Oil Products in Finland (CIF) - 2023
In August 2023, the average import price for phenols and other oils and oil products amounted to $702 per ton, dropping by -57.6% against the previous month. Over the period under review, the import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in February 2023 an increase of 143% against the previous month. Over the period under review, average import prices reached the maximum at $1,654 per ton in July 2023, and then shrank markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,576 per ton), while the price for Estonia ($258 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phenols and Other Oils and Oil Products in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of phenols and other oils and oil products, when their volume decreased by -9.1% to 744K tons. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports reached the peak of 818K tons, and then shrank in the following year.
In value terms, exports of phenols and other oils and oil products surged to $763M in 2022. Overall, exports, however, recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phenols and Other Oils and Oil Products in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 64.6 | 132 | 226 | 292 | 65.3% |
| Belgium | 168 | 60.4 | 75.8 | 248 | 13.9% |
| Germany | 11.8 | 29.1 | 36.8 | 82.7 | 91.4% |
| Denmark | 9.5 | 9.9 | 50.5 | 75.4 | 99.5% |
| Others | N/A | 19.1 | 7.7 | 64.6 | 83.9% |
| Total | 254 | 251 | 397 | 763 | 44.3% |
Top Export Markets for Phenols and Other Oils and Oil Products from Finland in 2022:
- Belgium (660.6K tons)
- Netherlands (43.6K tons)
- Denmark (27.6K tons)
- Germany (12.3K tons)
Imports of Phenols and Other Oils and Oil Products in Finland
In 2022, approx. 127K tons of phenols and other oils and oil products were imported into Finland; picking up by 172% against 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 327% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of phenols and other oils and oil products surged to $80M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 426%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Phenols and Other Oils and Oil Products in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | N/A | N/A | 31.0 | 0% |
| Sweden | N/A | 0.1 | N/A | 16.2 | 1172.8% |
| Belgium | 0.7 | 0.4 | 0.3 | 8.2 | 127.1% |
| Netherlands | 1.0 | 0.4 | 27.0 | 5.4 | 75.4% |
| Kazakhstan | N/A | N/A | N/A | 5.0 | 0% |
| Germany | 1.3 | 2.1 | 2.7 | 2.5 | 24.4% |
| Denmark | 2.8 | 2.1 | 3.0 | 1.9 | -12.1% |
| Russia | 0.7 | 3.7 | 8.4 | 1.3 | 22.9% |
| Others | N/A | N/A | 5.4 | 8.4 | 55.6% |
| Total | 6.6 | 8.9 | 46.9 | 79.9 | 129.6% |
Top Suppliers of Phenols and Other Oils and Oil Products to Finland in 2022:
- Estonia (94.1K tons)
- Belgium (9.3K tons)
- Kazakhstan (5.7K tons)
- Netherlands (4.3K tons)
- Sweden (4.3K tons)
- Denmark (3.9K tons)
- Germany (3.0K tons)
- Russia (1.5K tons)
This report provides an in-depth analysis of the market for phenols and other oils and oil products in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147360 - Phenols
- Prodcom 20147390 - Other oils and oil products, n.e.c.
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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