Price for Metals; Gold, Non-Monetary, Powder in Finland - 2022

Contents:

  1. Price for Metals; Gold, Non-Monetary, Powder in Finland (FOB) - 2022
  2. Price for Metals; Gold, Non-Monetary, Powder in Finland (CIF) - 2022
  3. Exports of Metals; Gold, Non-Monetary, Powder in Finland
  4. Imports of Metals; Gold, Non-Monetary, Powder in Finland

Price for Metals; Gold, Non-Monetary, Powder in Finland (FOB) - 2022

In 2022, the average metals; gold, non-monetary, powder export price amounted to $48,039,532 per ton, with a decrease of -16.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 23%. As a result, the export price reached the peak level of $57,706 per kg, and then fell markedly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($48,898,418 per ton), while the average price for exports to Norway stood at $32,820,223 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-3.4%).

Price for Metals; Gold, Non-Monetary, Powder in Finland (CIF) - 2022

In 2022, the average metals; gold, non-monetary, powder import price amounted to $1,927 per ton, shrinking by -23.7% against the previous year. In general, the import price showed a precipitous decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum at $18,763,854 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Switzerland ($2,106 per ton), while the price for Germany ($17 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-66.6%), while the prices for the other major suppliers experienced a decline.

Exports of Metals; Gold, Non-Monetary, Powder in Finland

In 2022, exports of metals; gold, non-monetary, powder from Finland skyrocketed to 688 kg, surging by 374% on 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,461% against the previous year. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metals; gold, non-monetary, powder exports surged to $33M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,761% against the previous year. As a result, the exports reached the peak of $58M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metals; Gold, Non-Monetary, Powder in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3.157.78.431.8117.3%
NorwayN/AN/AN/A1.20%
OthersN/AN/AN/AN/A0%
Total3.157.78.433.1120.2%

Top Export Markets for Metals; Gold, Non-Monetary, Powder from Finland in 2022:

  1. Switzerland (651.0 kg)
  2. Norway (37.0 kg)

Imports of Metals; Gold, Non-Monetary, Powder in Finland

In 2022, supplies from abroad of metals; gold, non-monetary, powder was finally on the rise to reach 83 kg after two years of decline. Over the period under review, imports, however, faced a sharp setback.

In value terms, metals; gold, non-monetary, powder imports surged to $160 in 2022. In general, imports, however, saw a precipitous contraction.

Import of Metals; Gold, Non-Monetary, Powder in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,923N/AN/A160-56.3%
Germany1.0277N/AN/A27600.0%
Others9.0N/A44.0N/A121.1%
Total1,93327744.0160-56.4%

Top Suppliers of Metals; Gold, Non-Monetary, Powder to Finland in 2022:

  1. Switzerland (76.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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