The market for Non-Expansible Polystyrene in Finland has shown fluctuations over the years, but overall volume increased from 16.445 million kilograms in 2013 to 24.721 million kilograms in 2023. Recent trends witnessed a 2.2% year-on-year increase in 2023, following a strong rebound in 2021 with a 17.2% growth. The five-year compound annual growth rate (CAGR) stands at 1.22%, indicating consistent albeit modest growth. After some volatile years, market stability seems to be returning, as growth becomes more predictable.
Future trends will likely emphasize sustainable production practices, driven by increasing environmental regulations and consumer preferences. Additionally, innovation in recycling technologies and applications in insulation and packaging could drive further demand.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 341,030,000 | 2023 | -1.21% | -1.92% | View data |
| 2 | 2 Poland | 87,383,000 | 2023 | +2.34% | +1.61% | View data |
| 3 | 3 Portugal | 60,133,000 | 2023 | -0.51% | -3.68% | View data |
| 4 | 4 Spain | 48,720,000 | 2023 | -5.09% | -5% | View data |
| 5 | 5 Finland | 24,721,000 | 2023 | +2.2% | +1.22% | |
| 6 | 6 Hungary | 20,241,000 | 2023 | -1.09% | -0.4% | View data |
| 7 | 7 Denmark | 7,171,200 | 2023 | -5.63% | -5.46% | View data |