| Product Code: ETC5670471 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Finland`s base oil import shipments were primarily sourced from Sweden, Netherlands, Belgium, USA, and Kuwait. The market remained relatively diverse with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020-2024 at -0.8%, there was a positive growth trajectory in 2024 with a growth rate of 3.61% compared to the previous year. This data suggests a stable and competitive market landscape for base oil imports in Finland, with potential opportunities for further growth and development.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Finland Base Oil Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Base Oil Market - Industry Life Cycle |
3.4 Finland Base Oil Market - Porter's Five Forces |
3.5 Finland Base Oil Market Revenues & Volume Share, By Group, 2021 & 2031F |
3.6 Finland Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Finland Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lubricants in various industries |
4.2.2 Growth in automotive and manufacturing sectors in Finland |
4.2.3 Technological advancements leading to the development of high-quality base oils |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting production costs |
4.3.2 Environmental regulations leading to the shift towards bio-based oils |
4.3.3 Competition from alternative lubricants such as synthetic oils |
5 Finland Base Oil Market Trends |
6 Finland Base Oil Market Segmentations |
6.1 Finland Base Oil Market, By Group |
6.1.1 Overview and Analysis |
6.1.2 Finland Base Oil Market Revenues & Volume, By Group I, 2021-2031F |
6.1.3 Finland Base Oil Market Revenues & Volume, By Group II, 2021-2031F |
6.1.4 Finland Base Oil Market Revenues & Volume, By Group III, 2021-2031F |
6.1.5 Finland Base Oil Market Revenues & Volume, By Group IV, 2021-2031F |
6.1.6 Finland Base Oil Market Revenues & Volume, By Group V, 2021-2031F |
6.2 Finland Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Base Oil Market Revenues & Volume, By Automotive Oil, 2021-2031F |
6.2.3 Finland Base Oil Market Revenues & Volume, By Industrial Oil, 2021-2031F |
6.2.4 Finland Base Oil Market Revenues & Volume, By Hydraulic Oil, 2021-2031F |
6.2.5 Finland Base Oil Market Revenues & Volume, By Grease, 2021-2031F |
6.2.6 Finland Base Oil Market Revenues & Volume, By Metalworking Fluid, 2021-2031F |
7 Finland Base Oil Market Import-Export Trade Statistics |
7.1 Finland Base Oil Market Export to Major Countries |
7.2 Finland Base Oil Market Imports from Major Countries |
8 Finland Base Oil Market Key Performance Indicators |
8.1 Investment in research and development for innovative base oil products |
8.2 Adoption rate of bio-based oils in Finland |
8.3 Utilization of advanced manufacturing processes for base oil production |
9 Finland Base Oil Market - Opportunity Assessment |
9.1 Finland Base Oil Market Opportunity Assessment, By Group, 2021 & 2031F |
9.2 Finland Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Finland Base Oil Market - Competitive Landscape |
10.1 Finland Base Oil Market Revenue Share, By Companies, 2024 |
10.2 Finland Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |