Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,884 per ton in 2022, increasing by 19% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -7.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 55%. The import price peaked at $2,074 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 UK ($4,870 per ton), while the price for Spain ($406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $33,353 per ton in 2022, growing by 1.5% against the previous year. Over the period under review, the export price posted a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 300% against the previous year. As a result, the export price reached the peak level of $49,932 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 the United States ($50,244 per ton), while the average price for exports to the UK ($3,571 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 the UK (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland

In 2022, approx. 8.3K tons of granules and powders, of pig iron, spiegeleisen, iron or steels were imported into Finland; picking up by 8.3% against the previous year. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.3%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $16M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +50.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Finland in 2022:

1. China (3321.7 tons)
2. Germany (1457.2 tons)
3. Spain (711.9 tons)
4. Sweden (646.8 tons)
5. Brazil (591.2 tons)
6. Ukraine (410.9 tons)
7. France (281.3 tons)
8. Russia (269.0 tons)
9. United Kingdom (81.5 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Finland

In 2022, approx. 122 tons of granules and powders, of pig iron, spiegeleisen, iron or steels were exported from Finland; stabilizing at 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports attained the peak of 122 tons, leveling off in the following year.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels totaled $4.1M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Finland in 2022:

1. Germany (87.5 tons)
2. United States (24.5 tons)
3. China (7.3 tons)