Price for Safety Pins and Other Pins; of Iron or Steel in Sweden - 2024

Contents:

  1. Price for Safety Pins and Other Pins; of Iron or Steel in Sweden (CIF) - 2022
  2. Price for Safety Pins and Other Pins; of Iron or Steel in Sweden (FOB) - 2022
  3. Imports of Safety Pins and Other Pins; of Iron or Steel in Sweden
  4. Exports of Safety Pins and Other Pins; of Iron or Steel in Sweden

Price for Safety Pins and Other Pins; of Iron or Steel in Sweden (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $16,873 per ton, waning by -34.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 62%. Over the period under review, average import prices reached the maximum at $26,522 per ton in 2016; however, from 2017 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 Norway ($215,067 per ton), while the price for the Netherlands ($7,264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+30.4%), 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 Sweden (FOB) - 2022

In 2022, the average export price for safety pins and other pins; of iron or steels amounted to $41,502 per ton, waning by -59% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 205%. As a result, the export price attained the peak level of $101,143 per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($143,826 per ton), while the average price for exports to the United States ($17,451 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 Singapore (+121.5%), 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 Sweden

In 2022, after two years of decline, there was significant growth in overseas purchases of safety pins and other pins; of iron or steels, when their volume increased by 108% to 27 tons. Overall, imports recorded a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety pins and other pins; of iron or steels surged to $449K in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Safety Pins and Other Pins; of Iron or Steel in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany97.911085.61093.6%
China10198.91051092.6%
Taiwan (Chinese)25.047.020.110661.9%
Denmark51.649.948.860.85.6%
India16.36.816.216.60.6%
Hong Kong SAR12.412.62.96.7-18.6%
Netherlands3.515.34.23.93.7%
Others41.252.046.238.0-2.7%
Total3493923294498.8%

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Sweden in 2022:

  1. Taiwan (Chinese) (11.7 tons)
  2. China (8.2 tons)
  3. Germany (2.5 tons)
  4. Denmark (1.5 tons)
  5. India (0.9 tons)
  6. Netherlands (0.5 tons)
  7. Hong Kong SAR (0.4 tons)

Exports of Safety Pins and Other Pins; of Iron or Steel in Sweden

In 2022, exports of safety pins and other pins; of iron or steels from Sweden reduced dramatically to 3.4 tons, falling by -34.3% compared with 2021 figures. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 146% against the previous year. As a result, the exports reached the peak of 5.1 tons, and then reduced notably in the following year.

In value terms, exports of safety pins and other pins; of iron or steels reduced sharply to $139K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 653%. As a result, the exports attained the peak of $517K, and then fell notably in the following year.

Export of Safety Pins and Other Pins; of Iron or Steel in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway36.338.939.446.08.2%
United Kingdom1.70.30.839.1184.4%
Denmark14.314.814.214.0-0.7%
Finland8.87.18.713.114.2%
MongoliaN/AN/A8.79.03.4%
United States2.71.55.35.123.6%
Singapore0.1N/AN/A2.6196.2%
JapanN/AN/A4240.5-99.9%
Others9.06.116.510.03.6%
Total72.868.751713924.1%

Top Export Markets for Safety Pins and Other Pins; of Iron or Steel from Sweden in 2022:

  1. Norway (1023.0 kg)
  2. United Kingdom (754.0 kg)
  3. Denmark (420.0 kg)
  4. Finland (346.0 kg)
  5. United States (295.0 kg)
  6. Mongolia (260.0 kg)
  7. Singapore (65.0 kg)
  8. Japan (6.0 kg)

Source: IndexBox Market Intelligence Platform

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