The Styrene Polymers Market in Finland has experienced varied performance between 2012 and 2022, with market size values making notable shifts. The market saw a high in 2013 at 72.003 million euros, followed by a significant decline up to 2016, reaching its lowest at 51.792 million euros. This was followed by a period of mild recovery and increased volatility until 2022. The Compound Annual Growth Rate (CAGR) over the last five years showed varied trends but remained relatively modest at 2.62% in 2022.
From a year-on-year perspective, the greatest positive change occurred in 2018 with a significant 25.36% increase, reflecting a possible recovery or market adjustment after years of decline. Conversely, the largest yearly drop took place in 2015 with a 12.02% decrease, indicating a substantial market contraction during that period. In the last two years, 2021 and 2022, the market showed a slight improving trend with an increase of 4.48% in 2022 following a fall of 4.39% in 2021, demonstrating some level of rebound.
Looking ahead, the market scenarios in 2024 will be closely watched for specific factors including advancements in polymerization technology, regulatory changes, and shifts in demand from key industries such as automotive and construction. Additionally, global supply chain constraints and environmental sustainability initiatives will likely influence the market's trajectory.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,272,700,000 | 2023 | -1.86% | -2.61% | View data |
| 2 | 2 United Kingdom | 559,760,000 | 2023 | +1.96% | +2.06% | View data |
| 3 | 3 Romania | 504,600,000 | 2023 | +2.87% | +2.97% | View data |
| 4 | 4 Portugal | 313,550,000 | 2023 | +1.32% | +0.83% | View data |
| 5 | 5 Slovakia | 211,040,000 | 2023 | +3.68% | -0.31% | View data |
| 6 | 6 Bulgaria | 76,129,000 | 2023 | +1.57% | +0.027% | View data |
| 7 | 7 Finland | 54,271,000 | 2023 | -2.13% | -3.82% |
