Gold Compounds Price in Finland - 2023

Contents:

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

Gold Compounds Price in Finland (CIF) - 2022

The average gold compounds import price stood at $31,115,233 per ton in 2022, dropping by -10.1% against the previous year. Overall, the import price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $34,616 per kg, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($39,464,389 per ton), while the price for China ($60,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Gold Compounds Price in Finland (FOB) - 2022

The average gold compounds export price stood at $39,342,588 per ton in 2022, shrinking by -3.5% against the previous year. Overall, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 748%. Over the period under review, the average export prices attained the peak figure at $41,251,444 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +17.6% per year.

Gold Compounds Imports in Finland

In 2022, approx. 60 kg of gold compoundses were imported into Finland; jumping by 28% on the previous year. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern 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.

In value terms, gold compounds imports rose remarkably to $1.9M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 71%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Gold Compounds to Finland in 2022:

1. Sweden (29.0 kg)
2. Germany (18.0 kg)
3. United States (11.0 kg)
4. United Kingdom (1.0 kg)
5. China (1.0 kg)

Gold Compounds Exports in Finland

In 2022, the amount of gold compoundses exported from Finland stood at 17 kg, therefore, remained relatively stable against the year before. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 89%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, gold compounds exports fell modestly to $669K in 2022. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. As a result, the exports reached the peak of $693K, and then declined slightly in the following year.

Top Export Markets for Gold Compounds from Finland in 2022:

1. Estonia (17.0 kg)

Source: IndexBox Market Intelligence Platform