Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (CIF) - 2024
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (CIF) - 2024
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $3,014 per unit in February 2024, rising by 2,913% against the previous month. Over the period under review, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($10,950 per unit), while the price for Turkey amounted to $131 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (FOB) - 2022
In 2022, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $93 per unit, growing by 15% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 496%. As a result, the export price reached the peak level of $115 per unit. From 2020 to 2022, the average export prices remained at a 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 Canada ($275 per unit), while the average price for exports to Italy ($28 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland
In 2022, imports of containers for compressed or liquefied gas, of iron or steel into Finland surged to 251K units, increasing by 24% on 2021. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $19M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 1.7 | 0.4 | 3.8 | 49.5% |
| Germany | 2.5 | 2.3 | 3.0 | 3.6 | 12.9% |
| Italy | 1.0 | 2.1 | 1.3 | 2.6 | 37.5% |
| Estonia | 3.6 | 1.1 | 2.7 | 2.6 | -10.3% |
| Czech Republic | 2.0 | 0.7 | 0.9 | 1.2 | -15.7% |
| Turkey | 0.2 | 0.4 | 0.4 | 1.1 | 76.5% |
| Portugal | 0.9 | 0.3 | 0.7 | 1.0 | 3.6% |
| Poland | 0.6 | 0.8 | 0.6 | 0.8 | 10.1% |
| Denmark | N/A | 0.2 | 0.1 | 0.5 | 58.1% |
| Austria | 0.4 | 0.2 | 0.7 | 0.5 | 7.7% |
| Sweden | 0.9 | 2.0 | 0.8 | 0.4 | -23.7% |
| Others | 1.5 | 1.3 | 1.0 | 1.1 | -9.8% |
| Total | 13.6 | 13.0 | 12.6 | 19.1 | 12.0% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Finland in 2022:
- China (46.3K units)
- Germany (44.6K units)
- Portugal (25.0K units)
- Estonia (24.3K units)
- Italy (22.7K units)
- Denmark (16.1K units)
- Turkey (15.2K units)
- Czech Republic (15.2K units)
- Poland (15.1K units)
- Austria (8.7K units)
- Sweden (5.6K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland
In 2022, overseas shipments of containers for compressed or liquefied gas, of iron or steel decreased by -0.3% to 14K units, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 104%. As a result, the exports attained the peak of 45K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel expanded remarkably to $1.3M in 2022. Overall, exports saw a deep contraction. Over the period under review, the exports of attained the maximum at $2.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 71.0 | 761 | 58.0 | 327 | 66.4% |
| Canada | 4.0 | 31.0 | 232 | 274 | 309.2% |
| Sweden | 5.6 | 58.7 | 15.0 | 220 | 239.9% |
| Ireland | N/A | N/A | N/A | 114 | 0% |
| United Kingdom | 142 | 8.7 | 121 | 85.1 | -15.7% |
| Russia | 48.3 | 39.9 | 194 | 71.4 | 13.9% |
| Italy | N/A | 6.9 | 6.3 | 25.9 | 93.7% |
| South Korea | 138 | N/A | N/A | 8.5 | -60.5% |
| Estonia | 226 | 459 | 5.9 | 7.8 | -67.4% |
| Saudi Arabia | N/A | N/A | 292 | N/A | 0% |
| Others | 1,905 | 347 | 216 | 172 | -55.1% |
| Total | 2,540 | 1,712 | 1,140 | 1,306 | -19.9% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Finland in 2022:
- Ireland (3.4K units)
- Sweden (2.6K units)
- Norway (1.8K units)
- Russia (1.7K units)
- Canada (1.0K units)
- Italy (0.9K units)
- United Kingdom (0.7K units)
- Estonia (0.1K units)
- South Korea (0.1K units)
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