Finland - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Price in Finland - 2023
Contents:
- Metal Hammer Price in Finland (CIF) - 2023
- Metal Hammer Price in Finland (FOB) - 2022
- Metal Hammer Imports in Finland
- Metal Hammer Exports in Finland
Metal Hammer Price in Finland (CIF) - 2023
The average metal hammer import price stood at $8,949 per ton in June 2023, picking up by 34% against the previous month. Overall, the import price continues to indicate measured growth. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 70% month-to-month. Over the period under review, average import prices attained the peak figure at $13,549 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($38,289 per ton), while the price for China ($2,145 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Hammer Price in Finland (FOB) - 2022
In 2022, the average metal hammer export price amounted to $11,953 per ton, with a decrease of -9.2% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices reached the peak figure at $21,565 per ton in 2017; however, from 2018 to 2022, 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 Latvia ($23,379 per ton), while the average price for exports to the United Arab Emirates ($4,467 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 Latvia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Hammer Imports in Finland
In 2022, imports of hammers and sledge hammers with working part of metal into Finland shrank slightly to 428 tons, dropping by -3.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of 443 tons, and then shrank in the following year.
In value terms, metal hammer imports shrank slightly to $2.7M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of $2.8M, and then fell in the following year.
Import of Metal Hammer in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,043 | 860 | 1,168 | 1,196 | 4.7% |
Taiwan (Chinese) | 480 | 385 | 524 | 427 | -3.8% |
Germany | 235 | 221 | 243 | 235 | 0.0% |
Belgium | 155 | 131 | 191 | 159 | 0.9% |
Italy | 115 | 56.1 | 80.5 | 113 | -0.6% |
France | 48.4 | 51.1 | 53.0 | 53.4 | 3.3% |
Others | 306 | 414 | 547 | 526 | 19.8% |
Total | 2,382 | 2,118 | 2,807 | 2,708 | 4.4% |
Top Suppliers of Metal Hammer to Finland in 2022:
- China (299.7 tons)
- Taiwan (Chinese) (44.3 tons)
- Germany (23.2 tons)
- France (13.8 tons)
- Belgium (12.1 tons)
- Italy (8.7 tons)
Metal Hammer Exports in Finland
In 2022, the amount of hammers and sledge hammers with working part of metal exported from Finland expanded rapidly to 33 tons, picking up by 7.3% on the previous year's figure. The total export volume increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, metal hammer exports shrank modestly to $394K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $405K, and then reduced modestly in the following year.
Export of Metal Hammer in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 0.5 | 0.1 | 0.1 | 93.7 | 472.3% |
Estonia | 88.0 | 80.4 | 85.3 | 63.6 | -10.3% |
Sweden | 33.8 | 51.8 | 72.6 | 58.5 | 20.1% |
Canada | 0.1 | N/A | 0.1 | 56.6 | 727.2% |
Lithuania | 29.4 | 25.2 | 47.0 | 34.6 | 5.6% |
Norway | 11.6 | 17.3 | 16.9 | 28.6 | 35.1% |
Latvia | 14.5 | 51.5 | 10.9 | 17.0 | 5.4% |
Russia | 59.0 | 65.5 | 141 | 1.8 | -68.8% |
Others | 21.9 | 22.7 | 31.3 | 40.2 | 22.4% |
Total | 259 | 315 | 405 | 394 | 15.0% |
Top Export Markets for Metal Hammer from Finland in 2022:
- Canada (7.5 tons)
- Denmark (7.1 tons)
- Sweden (6.3 tons)
- Estonia (5.8 tons)
- Norway (2.3 tons)
- Lithuania (1.8 tons)
- Latvia (0.7 tons)
- Russia (0.1 tons)
This report provides an in-depth analysis of the metal hammer 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 25733055 - Hammers and sledge hammers with working part of metal
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
-
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
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