Price for Waste, Parings and Scrap, of Plastics in Finland - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Finland (FOB) - 2023
2. Price for Waste, Parings and Scrap, of Plastics in Finland (CIF) - 2023
3. Exports of Waste, Parings and Scrap, of Plastics in Finland
4. Imports of Waste, Parings and Scrap, of Plastics in Finland

Price for Waste, Parings and Scrap, of Plastics in Finland (FOB) - 2023

In October 2023, the average export price for waste, parings and scrap, of plasticses amounted to $140K per ton, with an increase of 32,370% against the previous month. Over the period under review, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Kyrgyzstan ($228K per ton), while the average price for exports to the UK stood at $134K per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+58.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Finland (CIF) - 2023

The average import price for waste, parings and scrap, of plasticses stood at $619 per ton in October 2023, waning by -18.8% against the previous month. In general, the import price recorded a slight decrease. The growth pace was the most rapid in July 2023 an increase of 49% against the previous month. The import price peaked at $847 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +19.1% per month.

Exports of Waste, Parings and Scrap, of Plastics in Finland

In 2022, overseas shipments of waste, parings and scrap, of plasticses decreased by -9.6% to 23K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48%.

In value terms, exports of waste, parings and scrap, of plasticses skyrocketed to $15M in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Finland in 2022:

1. Latvia (7.1K tons)
2. Sweden (6.0K tons)
3. Netherlands (3.7K tons)
4. Estonia (2.5K tons)
5. Lithuania (0.9K tons)
6. Germany (0.9K tons)
7. Turkey (0.5K tons)
8. Poland (0.3K tons)

Imports of Waste, Parings and Scrap, of Plastics in Finland

In 2022, approx. 7.4K tons of waste, parings and scrap, of plasticses were imported into Finland; approximately reflecting 2021. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 75%. As a result, imports reached the peak of 9.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of waste, parings and scrap, of plasticses skyrocketed to $5.9M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Finland in 2022:

1. Estonia (4.0K tons)
2. Sweden (2.4K tons)
3. Slovakia (0.4K tons)
4. Poland (0.2K tons)
5. France (0.1K tons)

Source: IndexBox Market Intelligence Platform