Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland - 2024
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $6,330 per ton in 2022, which is down by -9% against the previous year. Over the period under review, the import price recorded a mild setback. The growth pace was the most rapid in 2021 when the average import price increased by 11%. The import price peaked at $8,259 per ton in 2014; however, from 2015 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 Brazil ($15,421 per ton), while the price for Estonia ($2,799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (FOB) - 2022
The average export price for iron or steel cast fittings, other than of non-malleable cast ira stood at $8,499 per ton in 2022, declining by -22.3% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -25.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22%. The export price peaked at $11,427 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($18,749 per ton), while the average price for exports to Estonia ($6,793 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 Lithuania (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland
In 2022, purchases abroad of iron or steel cast fittings, other than of non-malleable cast ira increased by 43% to 2.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $17M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.6 | 1.7 | 2.5 | 3.2 | 26.0% |
| Austria | 2.8 | 3.0 | 2.7 | 2.9 | 1.2% |
| Sweden | 2.8 | 2.4 | 1.0 | 1.3 | -22.6% |
| Latvia | N/A | N/A | N/A | 1.3 | 0% |
| Germany | 2.6 | 1.6 | 1.2 | 1.2 | -22.7% |
| China | 1.3 | 0.6 | 0.5 | 1.2 | -2.6% |
| Netherlands | 0.6 | 0.9 | 0.9 | 1.0 | 18.6% |
| Israel | 0.7 | 0.9 | 1.0 | 0.9 | 8.7% |
| Bulgaria | 0.6 | 0.8 | 0.4 | 0.8 | 10.1% |
| Poland | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
| Estonia | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Spain | 0.5 | 0.3 | 0.8 | 0.4 | -7.2% |
| Others | 1.8 | 1.6 | 1.4 | 2.1 | 5.3% |
| Total | 16.1 | 14.7 | 13.2 | 17.2 | 2.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Finland in 2022:
- China (313.2 tons)
- Austria (309.2 tons)
- Israel (295.2 tons)
- Italy (282.5 tons)
- Latvia (233.8 tons)
- Bulgaria (230.6 tons)
- Sweden (221.1 tons)
- Germany (195.8 tons)
- Estonia (129.2 tons)
- Netherlands (123.1 tons)
- Poland (105.2 tons)
- Spain (79.5 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland
For the fourth consecutive year, Finland recorded growth in overseas shipments of iron or steel cast fittings, other than of non-malleable cast ira, which increased by 109% to 388 tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $3.3M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 56.8 | 452 | 1,268 | 2,630 | 259.1% |
| Netherlands | 367 | 344 | 148 | 135 | -28.3% |
| Kazakhstan | 0.1 | N/A | 0.2 | 83.3 | 840.9% |
| Russia | 318 | 174 | 177 | 75.6 | -38.1% |
| Estonia | 108 | 58.4 | 29.8 | 39.0 | -28.8% |
| Latvia | 71.9 | 26.0 | 4.4 | 10.8 | -46.8% |
| Lithuania | 159 | 51.3 | 0.4 | 8.2 | -62.8% |
| Hungary | N/A | 270 | N/A | N/A | 0% |
| Others | 435 | 352 | 401 | 311 | -10.6% |
| Total | 1,517 | 1,727 | 2,029 | 3,294 | 29.5% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Finland in 2022:
- Sweden (350.8 tons)
- Netherlands (7.2 tons)
- Kazakhstan (6.3 tons)
- Estonia (5.7 tons)
- Russia (5.0 tons)
- Latvia (0.8 tons)
- Lithuania (0.5 tons)
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