Price for Brass Tubes and Pipes in Finland - 2023
Contents:
- Price for Brass Tubes and Pipes in Finland (CIF) - 2022
- Price for Brass Tubes and Pipes in Finland (FOB) - 2022
- Imports of Brass Tubes and Pipes in Finland
- Exports of Brass Tubes and Pipes in Finland
Price for Brass Tubes and Pipes in Finland (CIF) - 2022
The average brass tubes and pipes import price stood at $7,300 per ton in 2022, waning by -35.1% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $12,256 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Taiwan (Chinese) ($21,766 per ton), while the price for Poland ($4,847 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Brass Tubes and Pipes in Finland (FOB) - 2022
In 2022, the average brass tubes and pipes export price amounted to $10,368 per ton, increasing by 7.7% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 90%. Over the period under review, the average export prices attained the maximum at $34,731 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 China amounted to +26.1% per year.
Imports of Brass Tubes and Pipes in Finland
In 2022, approx. 221 tons of tubes and pipes of copper-zinc base alloys (brass) were imported into Finland; picking up by 26% against 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, brass tubes and pipes imports fell rapidly to $1.6M in 2022. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $2M, and then dropped sharply in the following year.
| Import of Brass Tubes and Pipes in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 426 | 776 | 872 | 508 | 6.0% |
| Poland | 199 | 166 | 428 | 438 | 30.1% |
| Taiwan (Chinese) | 75.4 | 73.9 | 195 | 208 | 40.2% |
| Sweden | 17.5 | 2.0 | 2.6 | 137 | 98.6% |
| Estonia | N/A | 21.9 | 21.2 | 46.1 | 45.1% |
| China | 169 | 82.2 | 343 | 44.6 | -35.9% |
| Others | 46.5 | 16.4 | 104 | 229 | 70.1% |
| Total | 934 | 1,138 | 1,965 | 1,611 | 19.9% |
Top Suppliers of Brass Tubes and Pipes to Finland in 2022:
- Germany (100.4 tons)
- Poland (90.5 tons)
- Taiwan (Chinese) (9.5 tons)
- Sweden (7.3 tons)
- Estonia (4.3 tons)
- China (2.9 tons)
Exports of Brass Tubes and Pipes in Finland
In 2022, shipments abroad of tubes and pipes of copper-zinc base alloys (brass) decreased by -2.2% to 11 tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 513% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, brass tubes and pipes exports expanded sharply to $111K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +76.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 63% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Brass Tubes and Pipes in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.6 | 55.1 | 93.4 | 102 | 180.9% |
| Germany | 51.5 | 21.8 | 0.2 | 0.2 | -84.3% |
| Others | 7.1 | 26.1 | 11.8 | 8.9 | 7.8% |
| Total | 63.1 | 103 | 105 | 111 | 20.7% |
Top Export Markets for Brass Tubes and Pipes from Finland in 2022:
- Germany (undefined tons)
- Estonia (10.3 tons)
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