Price for Hydrogen, Rare Gases and Other Non-Metals in Finland - 2023
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Finland (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Finland (FOB) - 2023
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Finland
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Finland
Price for Hydrogen, Rare Gases and Other Non-Metals in Finland (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $1.4 per cubic meter, reducing by -7.4% against the previous year. In general, the import price faced a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 90%. Over the period under review, average import prices reached the peak figure at $11 per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3.2 per cubic meter), while the price for Sweden ($0.9 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-4.6%), while the prices for the other major suppliers experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Finland (FOB) - 2023
The average export price for hydrogen, rare gases and other non-metalses stood at $111 per cubic meter in October 2023, shrinking by -13.5% against the previous month. Overall, the export price, however, showed a buoyant expansion. The growth pace was the most rapid in February 2023 an increase of 141% month-to-month. The export price peaked at $177 per cubic meter in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Sweden ($322 per cubic meter), while the average price for exports to Latvia stood at $23.4 per cubic meter.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+11.0%).
Imports of Hydrogen, Rare Gases and Other Non-Metals in Finland
Imports of hydrogen, rare gases and other non-metalses into Finland surged to 11M cubic meters in 2022, jumping by 44% against 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hydrogen, rare gases and other non-metalses surged to $16M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.5 | 3.4 | 5.3 | 6.0 | 19.7% |
| Sweden | 2.1 | 2.1 | 2.2 | 4.9 | 32.6% |
| Germany | 2.7 | 3.1 | 3.1 | 3.2 | 5.8% |
| Others | 1.6 | 0.8 | 1.5 | 2.1 | 9.5% |
| Total | 9.9 | 9.5 | 12.2 | 16.2 | 17.8% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Finland in 2022:
- Sweden (5.3M cubic meters)
- Netherlands (4.5M cubic meters)
- Germany (1.0M cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Finland
In 2022, approx. 550K cubic meters of hydrogen, rare gases and other non-metalses were exported from Finland; with an increase of 3,901% compared with the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of hydrogen, rare gases and other non-metalses surged to $9.5M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 101 | 123 | 85.0 | 3,969 | 240.0% |
| Latvia | 27.9 | 40.8 | 66.9 | 1,537 | 280.5% |
| Denmark | 1.4 | N/A | N/A | 1,061 | 811.7% |
| Germany | 2.2 | 2.9 | 4.6 | 880 | 636.8% |
| Estonia | N/A | N/A | N/A | 462 | 0% |
| Norway | 3.6 | 86.2 | 5.3 | 406 | 383.1% |
| Russia | 76.3 | 80.5 | 80.5 | 387 | 71.8% |
| Netherlands | N/A | 50.0 | N/A | 113 | 50.3% |
| Others | 8.6 | 10.6 | 8.4 | 683 | 329.8% |
| Total | 221 | 394 | 251 | 9,498 | 250.3% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Finland in 2022:
- Denmark (128.8K cubic meters)
- Latvia (98.6K cubic meters)
- Norway (79.1K cubic meters)
- Germany (74.3K cubic meters)
- Sweden (68.6K cubic meters)
- Estonia (57.7K cubic meters)
- Russia (28.2K cubic meters)
- Netherlands (9.0K cubic meters)
528
This report provides an in-depth analysis of the argon market in Finland.
570
This report provides an in-depth analysis of the arsenic market in Finland.
319
This report provides an in-depth analysis of the boron and tellurium market in Finland.
540
This report provides an in-depth analysis of the hydrogen market in Finland.
400
This report provides an in-depth analysis of the nitrogen market in Finland.
584
This report provides an in-depth analysis of the oxygen market in Finland.
405
This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium in Finland.
420
This report provides an in-depth analysis of the rare gases market in Finland.
374
This report provides an in-depth analysis of the silicon market in Finland.
1368
This report provides an in-depth analysis of the global argon market.
347
Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.
1822
The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.
642
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
1290
New waves of the epidemic and the overwhelming demand for oxygen in the healthcare sector have led to a scarcity of the product worldwide. Countries with severe shortages are diverting oxygen from the sectors of metallurgy and chemistry to healthcare, which reduces the productivity of the manufacturing industries. As the pandemic slows, the demand for medical oxygen will return to pre-crisis levels. In the post-pandemic period, the growing demand from the metallurgical and chemical industries will continue to shape market expansion. Decarbonization may emerge as a new market driver, with oxygen being used to produce synthesis gas from carbon dioxide.
166
Discover the top import markets for rare gases in the world based on 2023 data. Learn about the countries driving global demand for rare gases.
635
Explore the world's best import markets for silicon with detailed statistics and data from IndexBox platform. Discover the top countries, their import values, and the factors driving the demand for silicon in these markets.
952
In 2021, the global silicon market picked up 4.1% to $10.2B, resuming growth after a 2020's slump.
347
Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.
1822
The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.
642
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
