Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $176,788 per ton in 2022, with an increase of 16% against the previous year. Overall, the import price showed a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 224% against the previous year. As a result, import price reached the peak level of $355,338 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Netherlands ($777,773 per ton), while the price for Spain ($16,735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $53,387 per ton, waning by -12.9% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 461% against the previous year. Over the period under review, the average export prices hit record highs at $811,352 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($870,784 per ton), while the average price for exports to Democratic Republic of the Congo ($4,639 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 Estonia (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland

In 2022, supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses decreased by -3.7% to 6.2 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses rose notably to $1.1M in 2022. Overall, imports recorded a mild contraction.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Finland in 2022:

1. China (2371.0 kg)
2. Germany (1112.0 kg)
3. Netherlands (613.0 kg)
4. Sweden (445.0 kg)
5. Switzerland (351.0 kg)
6. Denmark (240.0 kg)
7. Spain (226.0 kg)
8. Hong Kong SAR (191.0 kg)
9. United Kingdom (188.0 kg)
10. France (152.0 kg)
11. United States (127.0 kg)
12. Belgium (68.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Finland

Exports of balances; of a sensitivity of 5cg or better, with or without weightses from Finland skyrocketed to 2.7 tons in 2022, rising by 72% on 2021 figures. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 120% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $277K in 2022. Overall, exports, however, saw a deep reduction.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Finland in 2022:

1. Germany (1657.0 kg)
2. China (749.0 kg)
3. Democratic Republic of the Congo (61.0 kg)
4. Estonia (51.0 kg)
5. United Kingdom (51.0 kg)
6. Sweden (34.0 kg)
7. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform