Updated Nov 23, 2022 18:51

Market for Aluminium Window And Door in Finland

Market Overview
The Finnish aluminium window and door market plummeted to $ in , which is down 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). In general, consumption saw a pronounced contraction. Aluminium window and door consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

In value terms, aluminium window and door production amounted to $ in estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2009 to , production growth remained at a lower figure.


Consumption
In , approx. tons of aluminium doors, thresholds for doors and windows were consumed in Finland; with a decrease of -% against the year before. Overall, consumption continues to indicate a abrupt slump. Over the period under review, consumption attained the peak volume at tons in 2010; however, from 2011 to , consumption remained at a lower figure.

The revenue of the aluminium window and door market in Finland contracted slightly to $ in , which is down 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 continues to indicate a noticeable contraction. Aluminium window and door consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for aluminium window and door in Finland, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Finland remains a net exporter of aluminium window and door; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.