The propylene polymers market in Finland has shown notable volatility over the past decade. From a high of 150.44 million Euros in 2012, the market experienced a significant dip of 21.39% in 2013 but stabilized somewhat in the subsequent years, showing gradual but inconsistent recovery. Peaks and troughs are evident, with 2017 and 2018 witnessing growth rates of 8.76% and 3.26%, respectively, while 2019 marked a considerable decline of 17.09%. Recent years have shown slight fluctuation, with a stabilizing increase of 4.53% in 2022. Over the last five years, the market recorded a Compounded Annual Growth Rate (CAGR) of -2.84%, indicating an overall declining trend.
The year-on-year variations over the past two years reflect a slight recovery, but the market has not returned to its former highs. In 2023, the propylene polymers market stood at approximately 129.62 million Euros.
Future trends to watch for include:
- Technological advancements in polypropylene production.
- Shifts in regulatory policies impacting production and use.
- Market adaptations to environmental sustainability demands.
- Economic factors influencing industrial demand for polypropylene.
How does Finland rank in Propylene Polymers Market Size Value?
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 4,506,900,000 | 2023 | +2.62% | +2.25% | View data |
2 | 2 United Kingdom | 1,466,700,000 | 2023 | +0.11% | -0.58% | View data |
3 | 3 Czech Republic | 1,374,800,000 | 2023 | +3.61% | +3.83% | View data |
4 | 4 Hungary | 424,760,000 | 2023 | +2.23% | -2.17% | View data |
5 | 5 Sweden | 406,660,000 | 2023 | +1.41% | +2.03% | View data |
6 | 6 Denmark | 273,110,000 | 2023 | +0.35% | -0.25% | View data |
7 | 7 Finland | 135,330,000 | 2023 | -0.25% | -2.63% | |
8 | 8 Ireland | 95,290,000 | 2023 | -0.18% | -0.78% | View data |
9 | 9 Croatia | 65,402,000 | 2023 | +3.16% | +3.17% | View data |