Cerium Compounds Price in Finland - 2023

Contents:

  1. Cerium Compounds Price in Finland (CIF) - 2022
  2. Cerium Compounds Price in Finland (FOB) - 2022
  3. Cerium Compounds Imports in Finland
  4. Cerium Compounds Exports in Finland

Cerium Compounds Price in Finland (CIF) - 2022

The average cerium compounds import price stood at $30,265 per ton in 2022, surging by 73% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 201% against the previous year. The import price peaked at $38,871 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($44,848 per ton), while the price for Austria ($11,163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Price in Finland (FOB) - 2022

The average cerium compounds export price stood at $33,333 per ton in 2021, reducing by -37% against the previous year. Over the period under review, the export price saw a pronounced setback. The growth pace was the most rapid in 2020 an increase of 5,188%. The export price peaked at $240,758 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($88,000 per ton), while the average price for exports to China amounted to $6,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+62.0%), while the prices for the other major destinations experienced a decline.

Cerium Compounds Imports in Finland

In 2022, supplies from abroad of cerium compoundses decreased by -14.8% to 13 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 6.7%. As a result, imports reached the peak of 38 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cerium compounds imports skyrocketed to $386K in 2022. Overall, imports saw a dramatic shrinkage.

Import of Cerium Compounds in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9268960.8198-40.2%
United Kingdom5.97.312.269.0127.0%
Austria18725211150.3-35.4%
United StatesN/A42.411344.62.6%
France0.40.7N/A12.4214.1%
Others20.39.425.012.3-15.4%
Total1,1391,207262386-30.3%

Top Suppliers of Cerium Compounds to Finland in 2022:

  1. Austria (4.5 tons)
  2. Japan (4.4 tons)
  3. United Kingdom (1.9 tons)
  4. United States (1.3 tons)
  5. France (0.4 tons)

Cerium Compounds Exports in Finland

In 2022, overseas shipments of cerium compoundses decreased by 99.9% to less than 0.1 kg, falling for the second consecutive year after two years of growth. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,000% against the previous year. As a result, the exports reached the peak of 41 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cerium compounds exports surged to $335 in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 216,700% against the previous year. As a result, the exports reached the peak of $2.2K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cerium Compounds in Finland (USD)
COUNTRY201920202021CAGR,
2019-2021
NorwayN/AN/A88.00%
ChinaN/AN/A12.00%
Russia1.0N/AN/A0%
JapanN/A1,814N/A0%
United StatesN/A354N/A0%
OthersN/AN/AN/A0%
Total1.02,168100900.0%

Top Export Markets for Cerium Compounds from Finland in 2022:

  1. China (2.0 kg)
  2. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Finland