Finland - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlumina Price in Finland - 2023
Contents:
- Alumina Price in Finland (CIF) - 2022
- Alumina Price in Finland (FOB) - 2022
- Alumina Imports in Finland
- Alumina Exports in Finland
Alumina Price in Finland (CIF) - 2022
In 2022, the average alumina import price amounted to $1,442 per ton, increasing by 2.3% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $2,420 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,702 per ton), while the price for Hungary ($478 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.8%), while the prices for the other major suppliers experienced a decline.
Alumina Price in Finland (FOB) - 2022
The average alumina export price stood at $5,821 per ton in 2022, with an increase of 74% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($16,380 per ton), while the average price for exports to Estonia ($1,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Alumina Imports in Finland
For the fourth year in a row, Finland recorded growth in purchases abroad of alumina, which increased by 74% to 5.8K tons in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, alumina imports soared to $8.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Alumina in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,956 | 2,223 | 2,542 | 3,916 | 26.0% |
United States | 650 | 566 | 761 | 1,561 | 33.9% |
Netherlands | 771 | 624 | 845 | 957 | 7.5% |
Austria | N/A | N/A | N/A | 686 | 0% |
France | 74.6 | 115 | 63.3 | 572 | 97.2% |
Norway | N/A | N/A | 3.4 | 215 | 6223.5% |
Hungary | N/A | N/A | N/A | 63.0 | 0% |
Russia | 608 | 460 | 157 | N/A | -49.2% |
Others | 1,029 | 1,461 | 293 | 349 | -30.3% |
Total | 5,088 | 5,448 | 4,664 | 8,318 | 17.8% |
Top Suppliers of Alumina to Finland in 2022:
- Germany (2983.6 tons)
- Netherlands (1045.9 tons)
- Austria (519.7 tons)
- Norway (410.1 tons)
- United States (331.9 tons)
- France (247.5 tons)
- Hungary (131.7 tons)
Alumina Exports in Finland
In 2022, the amount of alumina exported from Finland declined sharply to 7 tons, shrinking by -90.2% on 2021. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports reached the peak of 72 tons, and then dropped dramatically in the following year.
In value terms, alumina exports fell rapidly to $41K in 2022. Overall, exports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year. As a result, the exports reached the peak of $241K, and then fell rapidly in the following year.
Export of Alumina in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 7.0 | 7.4 | 7.5 | 17.4 | 35.5% |
Turkey | N/A | N/A | 1.1 | 12.9 | 1072.7% |
Norway | 6.2 | 1.9 | 3.2 | 4.1 | -12.9% |
Estonia | 3.8 | 2.2 | 4.3 | 3.0 | -7.6% |
Poland | 1.5 | N/A | N/A | 2.5 | 18.6% |
Iceland | 0.2 | 0.3 | 7.4 | 0.7 | 51.8% |
Russia | 118 | 109 | 214 | N/A | 34.7% |
Others | 0.1 | 0.8 | 4.0 | 0.4 | 58.7% |
Total | 137 | 122 | 241 | 41.0 | -33.1% |
Top Export Markets for Alumina from Finland in 2022:
- India (2.5 tons)
- Turkey (1.9 tons)
- Estonia (1.7 tons)
- Norway (0.6 tons)
- Iceland (0.1 tons)
- Poland (0.1 tons)
This report provides an in-depth analysis of the alumina market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24421200 - Aluminium oxide (excluding artificial corundum)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the alumina market in Finland.
This report provides an in-depth analysis of the aluminium hydroxide market in Finland.
This report provides an in-depth analysis of the artificial corundum market in Finland.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Finland.
This report provides an in-depth analysis of the aluminium hydroxide market in Finland.
This report provides an in-depth analysis of the artificial corundum market in Finland.
This report provides an in-depth analysis of the global alumina market.
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