Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (CIF) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (CIF) - 2023
In August 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $2,951 per ton, remaining constant against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% m-o-m. Over the period under review, average import prices hit record highs at $3,386 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($3,270 per ton), while the price for Italy ($2,878 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,615 per ton in 2022, surging by 23% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($4,761 per ton), while the average price for exports to the UK stood at $3,524 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+6.8%).
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland
In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Finland skyrocketed to 8.8K tons, growing by 181% compared with 2021 figures. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 295% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $29M in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 476%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 0.2 | 6.1 | 28.1 | 1085.3% |
| Netherlands | N/A | 0.6 | 1.7 | 0.1 | -59.2% |
| Russia | 0.6 | N/A | N/A | N/A | 0% |
| Poland | 0.5 | 0.4 | 0.2 | N/A | -36.8% |
| Iceland | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.4 | 1.3 | 0.8 | 26.0% |
| Total | 2.5 | 1.6 | 9.4 | 29.0 | 126.4% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Finland in 2022:
- Italy (8.6K tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland
Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Finland soared to 394 tons in 2022, surging by 1,299% against 2021. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $1.8M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 1.1 | 16.0 | 0.6 | 1,635 | 1041.2% |
| United Kingdom | N/A | N/A | N/A | 179 | 0% |
| Sweden | 107 | N/A | 105 | N/A | -0.9% |
| Others | 0.2 | N/A | N/A | 5.6 | 203.7% |
| Total | 108 | 16.0 | 106 | 1,820 | 156.4% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Finland in 2022:
- Estonia (343.4 tons)
- United Kingdom (50.8 tons)
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