Finland - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in Finland - 2023
Contents:
- Threaded Metal Articles Price in Finland (FOB) - 2023
- Threaded Metal Articles Price in Finland (CIF) - 2022
- Threaded Metal Articles Exports in Finland
- Threaded Metal Articles Imports in Finland
Threaded Metal Articles Price in Finland (FOB) - 2023
In June 2023, the average threaded metal articles export price amounted to $14,469 per ton, increasing by 13% against the previous month. In general, export price indicated a perceptible increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, threaded metal articles export price increased by +32.7% against March 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 102% m-o-m. As a result, the export price attained the peak level of $17,454 per ton. From January 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($48,522 per ton), while the average price for exports to Belgium ($6,889 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Price in Finland (CIF) - 2022
The average threaded metal articles import price stood at $7,870 per ton in 2022, picking up by 18% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($25,362 per ton), while the price for India ($1,922 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Threaded Metal Articles Exports in Finland
In 2022, the amount of threaded articles of iron or steel exported from Finland dropped significantly to 1.3K tons, shrinking by -25.6% on the previous year. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 9.5% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then declined dramatically in the following year.
In value terms, threaded metal articles exports declined to $14M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. As a result, the exports reached the peak of $15M, and then fell in the following year.
Export of Threaded Metal Articles in Finland (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,228 | 2,910 | 3,673 | 3,397 | 15.1% |
Sweden | 1,054 | 1,009 | 1,310 | 1,685 | 16.9% |
Russia | 1,595 | 2,196 | 2,910 | 1,205 | -8.9% |
United Kingdom | 191 | 230 | 1,280 | 1,079 | 78.1% |
Estonia | 448 | 506 | 650 | 848 | 23.7% |
Turkey | 699 | 372 | 284 | 491 | -11.1% |
Italy | 178 | 148 | 140 | 489 | 40.1% |
Lithuania | 311 | 284 | 241 | 401 | 8.8% |
France | 385 | 412 | 686 | 400 | 1.3% |
Belgium | 1,285 | 419 | 436 | 360 | -34.6% |
Switzerland | 374 | 390 | 405 | 344 | -2.7% |
Portugal | 176 | 204 | 281 | 275 | 16.0% |
Poland | 319 | 135 | 138 | 77.4 | -37.6% |
Others | 2,005 | 1,482 | 2,859 | 2,548 | 8.3% |
Total | 11,248 | 10,696 | 15,293 | 13,598 | 6.5% |
Top Export Markets for Threaded Metal Articles from Finland in 2022:
- Germany (396.2 tons)
- Russia (250.0 tons)
- Sweden (180.2 tons)
- Turkey (64.5 tons)
- Estonia (58.8 tons)
- Belgium (57.1 tons)
- United Kingdom (52.4 tons)
- France (42.4 tons)
- Switzerland (42.0 tons)
- Lithuania (36.1 tons)
- Italy (31.5 tons)
- Portugal (23.0 tons)
- Poland (9.0 tons)
Threaded Metal Articles Imports in Finland
In 2022, the amount of threaded articles of iron or steel imported into Finland stood at 1.7K tons, growing by 2.5% against the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, threaded metal articles imports skyrocketed to $13M in 2022. The total import value increased at an average annual rate of +9.6% over the period 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 Threaded Metal Articles in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.2 | 2.3 | 2.3 | 2.8 | -4.4% |
China | 1.8 | 1.4 | 2.2 | 2.3 | 8.5% |
Austria | 0.3 | 1.5 | 1.2 | 1.4 | 67.1% |
Denmark | N/A | 1.0 | 1.2 | 1.3 | 14.0% |
Taiwan (Chinese) | 0.9 | 0.7 | 0.8 | 1.0 | 3.6% |
Estonia | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
Sweden | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
India | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | 3.2 | 1.5 | 2.1 | 2.9 | -3.2% |
Total | 10.0 | 9.3 | 10.9 | 13.2 | 9.7% |
Top Suppliers of Threaded Metal Articles to Finland in 2022:
- China (567.9 tons)
- Germany (232.7 tons)
- Taiwan (Chinese) (149.1 tons)
- Denmark (144.3 tons)
- Estonia (127.6 tons)
- India (92.9 tons)
- Austria (83.2 tons)
- Sweden (56.1 tons)
This report provides an in-depth analysis of the threaded metal articles market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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