Price for Safety Pins and Other Pins; of Iron or Steel in Finland - 2024
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Finland (CIF) - 2022
- Price for Safety Pins and Other Pins; of Iron or Steel in Finland (FOB) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Finland
- Exports of Safety Pins and Other Pins; of Iron or Steel in Finland
Price for Safety Pins and Other Pins; of Iron or Steel in Finland (CIF) - 2022
In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $40,536 per ton, with a decrease of -8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 50%. Over the period under review, average import prices attained the peak figure at $44,590 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($144,833 per ton), while the price for Switzerland ($12,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Safety Pins and Other Pins; of Iron or Steel in Finland (FOB) - 2022
In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $44,762 per ton, falling by -11.7% against the previous year. Overall, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 78%. The export price peaked at $52,922 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 Sweden ($53,290 per ton), while the average price for exports to Germany ($26,617 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 Sweden (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Finland
After two years of decline, overseas purchases of safety pins and other pins; of iron or steels increased by 8% to 7.1 tons in 2022. In general, imports, however, showed a abrupt decline.
In value terms, imports of safety pins and other pins; of iron or steels declined modestly to $288K in 2022. Over the period under review, imports, however, recorded a deep downturn.
| Import of Safety Pins and Other Pins; of Iron or Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 241 | 227 | 179 | 333.3% |
| Netherlands | 0.5 | 0.9 | 1.9 | 27.7 | 281.2% |
| China | 40.7 | 10.3 | 21.8 | 26.7 | -13.1% |
| Hong Kong SAR | 5.3 | 8.7 | 7.3 | 18.3 | 51.1% |
| Sweden | 1.3 | 15.0 | 17.0 | 14.5 | 123.4% |
| Switzerland | 46.8 | 5.4 | N/A | N/A | -88.5% |
| Malaysia | 121 | 0.1 | N/A | N/A | -99.9% |
| Others | 155 | 14.1 | 15.4 | 22.2 | -47.7% |
| Total | 373 | 296 | 290 | 288 | -8.3% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Finland in 2022:
- Germany (2.7 tons)
- Netherlands (1.5 tons)
- China (1.3 tons)
- Hong Kong SAR (0.7 tons)
- Sweden (0.4 tons)
Exports of Safety Pins and Other Pins; of Iron or Steel in Finland
In 2022, the amount of safety pins and other pins; of iron or steels exported from Finland soared to 3.7 tons, with an increase of 68% on the previous year. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of safety pins and other pins; of iron or steels skyrocketed to $168K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Safety Pins and Other Pins; of Iron or Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 28.9 | 30.3 | 31.0 | 55.4 | 24.2% |
| Sweden | 16.1 | 18.3 | 20.9 | 37.5 | 32.6% |
| Netherlands | N/A | N/A | 26.8 | 30.9 | 15.3% |
| Estonia | 11.5 | 11.2 | 13.8 | 14.7 | 8.5% |
| Norway | 20.9 | 18.1 | 14.6 | 13.9 | -12.7% |
| Germany | N/A | N/A | N/A | 12.2 | 0% |
| Indonesia | N/A | 0.3 | 2.1 | 0.3 | 0.0% |
| Others | 6.7 | 8.1 | 4.1 | 3.0 | -23.5% |
| Total | 84.1 | 86.3 | 113 | 168 | 25.9% |
Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Finland in 2022:
- Denmark (1039.0 kg)
- Netherlands (735.0 kg)
- Sweden (704.0 kg)
- Germany (457.0 kg)
- Estonia (400.0 kg)
- Norway (272.0 kg)
- Indonesia (40.0 kg)
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This report provides an in-depth analysis of the sewing needle market in Finland.
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Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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