Price for Tube or Pipe Flanges of Stainless Steel in Finland - 2024
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Finland (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Finland (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Finland
- Exports of Tube or Pipe Flanges of Stainless Steel in Finland
Price for Tube or Pipe Flanges of Stainless Steel in Finland (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $11,396 per ton in 2022, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($19,294 per ton), while the price for Romania ($6,002 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Finland (FOB) - 2022
In 2022, the average export price for tube or pipe flanges of stainless steels amounted to $13,070 per ton, with an increase of 8.7% against the previous year. In general, the export price recorded a slight expansion. The growth pace was the most rapid in 2016 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $21,959 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($26,024 per ton), while the average price for exports to Lithuania ($5,111 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 Russia (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges of Stainless Steel in Finland
In 2022, approx. 1.3K tons of tube or pipe flanges of stainless steels were imported into Finland; approximately mirroring the previous year. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9%. As a result, imports attained the peak of 1.3K tons; afterwards, it flattened through to 2022.
In value terms, imports of tube or pipe flanges of stainless steels skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +12.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.6 | 3.6 | 2.5 | 3.6 | 11.5% |
| Germany | 1.4 | 3.4 | 2.7 | 3.4 | 34.4% |
| China | 0.8 | 0.6 | 0.8 | 2.2 | 40.1% |
| Denmark | 0.5 | 0.4 | 0.7 | 1.4 | 40.9% |
| India | 2.2 | 1.8 | 1.8 | 1.4 | -14.0% |
| Romania | 0.6 | N/A | 1.9 | 0.8 | 10.1% |
| Italy | 0.5 | 0.3 | 0.3 | 0.5 | 0.0% |
| Sweden | 0.9 | 0.4 | 0.5 | 0.3 | -30.7% |
| Others | 0.8 | 0.6 | 0.6 | 1.1 | 11.2% |
| Total | 10.3 | 11.1 | 11.8 | 14.7 | 12.6% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Finland in 2022:
- Netherlands (331.6 tons)
- Germany (257.2 tons)
- India (198.9 tons)
- Romania (133.5 tons)
- Denmark (131.6 tons)
- China (114.0 tons)
- Italy (46.2 tons)
- Sweden (24.3 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Finland
For the fourth consecutive year, Finland recorded growth in shipments abroad of tube or pipe flanges of stainless steels, which increased by 38% to 199 tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 75%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of tube or pipe flanges of stainless steels surged to $2.6M in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 92%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Tube or Pipe Flanges of Stainless Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | 38.3 | 674 | 1,164 | 451.3% |
| Russia | 256 | 192 | 494 | 482 | 23.5% |
| Estonia | 164 | 242 | 235 | 248 | 14.8% |
| Sweden | 40.1 | 36.0 | 35.2 | 143 | 52.8% |
| Germany | 51.4 | 21.6 | 40.5 | 125 | 34.5% |
| Lithuania | 17.9 | 108 | 38.0 | 49.8 | 40.6% |
| Others | 315 | 267 | 222 | 393 | 7.7% |
| Total | 844 | 905 | 1,738 | 2,605 | 45.6% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Finland in 2022:
- Poland (108.4 tons)
- Estonia (32.0 tons)
- Russia (23.0 tons)
- Sweden (13.8 tons)
- Lithuania (9.7 tons)
- Germany (4.8 tons)
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