Overview of the Market for Roofing Tiles, Chimney-Pots, Cowls, Chimney Liners in Finland
Market Overview
The Finnish market for roofing tiles, chimney-pots, cowls, chimney liners contracted modestly to $
in 2019, declining by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 with an increase of
% against the previous year. Over the period under review, the market attained the maximum level at $
in 2009; however, from 2010 to 2019, consumption remained at a lower figure.
In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners declined to $
in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the production volume increased by
% y-o-y. Over the period under review, production attained the maximum level at $
in 2009; however, from 2010 to 2019, production remained at a lower figure.




In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners declined to $



Consumption
Consumption of roofing tiles, chimney-pots, cowls, chimney liners in Finland totaled
tonnes in 2019, stabilizing at the year before. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the consumption volume increased by
% y-o-y. As a result, consumption attained the peak volume of
tonnes. From 2010 to 2019, the growth of the consumption remained at a somewhat lower figure.
The value of the market for roofing tiles, chimney-pots, cowls, chimney liners in Finland declined slightly to $
in 2019, shrinking by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a pronounced contraction. The growth pace was the most rapid in 2014 with an increase of
% year-to-year. Over the period under review, the market attained the peak level at $
in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.



The value of the market for roofing tiles, chimney-pots, cowls, chimney liners in Finland declined slightly to $




Market Forecast
Depressed by shrinking demand for roofing tiles, chimney-pots, cowls, chimney liners in Finland, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -
% for the period from 2019 to
, which is projected to depress the market volume to
tonnes by the end of
.




Market Structure
Over the period under review, imports of roofing tiles, chimney-pots, cowls, chimney liners in Finland were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roofing tiles, chimney-pots, cowls, chimney liners.
Trade Balance
Finland remains a net importer of roofing tiles, chimney-pots, cowls, chimney liners; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of
tonnes, which was equal to $
. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.


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