The polypropylene market in Finland exhibited variable trends from 2012 to 2022, with values expressed in million euros. Notably, the market faced a decline from 2012 to 2013, dropping by 9.26% and 10.2%, respectively. This was followed by fluctuations, including substantial growth in 2016 and 2017 with 9.73% and 15.49%, respectively. However, from 2019 to 2021, the market faced a series of declines, amounting to a drop by -4.03%, -4.19%, and -2.92% year-over-year. In 2022, the market rebounded slightly with a growth rate of 5.61%.
The average Compound Annual Growth Rate (CAGR) over the past five years (2018-2022) showed a slight decline at -0.79%, suggesting overall market stability with minor downward trends. As of 2023, the value of the polypropylene market stands at approximately 70 million euros.
Future trends to watch for include technological advancements in polypropylene production, increasing demand for sustainable and recyclable plastics, and potential regulatory impacts related to environmental concerns. These factors could shape market dynamics significantly in the coming years.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,493,600,000 | 2023 | +6.36% | +6.14% | View data |
| 2 | 2 France | 1,591,200,000 | 2023 | -1.82% | -2.15% | View data |
| 3 | 3 Spain | 1,536,700,000 | 2023 | +2% | +1.78% | View data |
| 4 | 4 United Kingdom | 553,840,000 | 2023 | -1.02% | -2.4% | View data |
| 5 | 5 Hungary | 463,330,000 | 2023 | -1.3% | -2.11% | View data |
| 8 | 8 Denmark | 222,010,000 | 2023 | -0.31% | -0.69% | View data |
| 9 | 9 Ireland | 70,874,000 | 2023 | +1.06% | -0.44% | View data |
| 10 | 10 Finland | 68,676,000 | 2023 | +1.03% | -1.04% | |
| 11 | 11 Estonia | 12,126,000 | 2023 | +1.43% | -0.015% | View data |
