Finland: Propellant Powders Market 2024

Propellant Powders Market Size in Finland

For the fifth year in a row, the Finnish propellant powders market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Propellant Powders Production in Finland

In value terms, propellant powders production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Propellant Powders Exports

Exports from Finland

In 2022, exports of propellant powders from Finland stood at X tons, stabilizing at the year before. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, propellant powders exports reached $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Sweden (X tons), the United States (X tons) and Spain (X tons) were the main destinations of propellant powders exports from Finland, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Sweden ($X) and Germany ($X) appeared to be the largest markets for propellant powders exported from Finland worldwide, together comprising X% of total exports. Spain, Italy, the UK, South Africa, Norway and France lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into Finland

In 2022, supplies from abroad of propellant powders increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, propellant powders imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main supplier of propellant powders to Finland, with a X% share of total imports. Moreover, propellant powders imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%.

In value terms, Germany ($X) constituted the largest supplier of propellant powders to Finland, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%.

Import Prices by Country

In 2022, the average propellant powders import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price showed a slight decrease. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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