Price for Steel, Alloy; Semi-Finished Products in Finland - 2023
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Finland (FOB) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Finland (CIF) - 2022
- Exports of Steel, Alloy; Semi-Finished Products in Finland
- Imports of Steel, Alloy; Semi-Finished Products in Finland
Price for Steel, Alloy; Semi-Finished Products in Finland (FOB) - 2022
In 2022, the average steel, alloy; semi-finished products export price amounted to $1,263 per ton, jumping by 18% against the previous year. Overall, the export price enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2016 an increase of 61%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,418 per ton), while the average price for exports to Sweden stood at $1,190 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.0%).
Price for Steel, Alloy; Semi-Finished Products in Finland (CIF) - 2022
In 2022, the average steel, alloy; semi-finished products import price amounted to $602 per ton, dropping by -71.8% against the previous year. Over the period under review, the import price recorded a pronounced slump. The growth pace was the most rapid in 2021 an increase of 333% against the previous year. As a result, import price attained the peak level of $2,135 per ton, and then reduced sharply in the following year.
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 Denmark ($1,814 per ton), while the price for Sweden ($443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.3%), while the prices for the other major suppliers experienced a decline.
Exports of Steel, Alloy; Semi-Finished Products in Finland
In 2022, exports of steel, alloy; semi-finished productses from Finland dropped to 3.4K tons, falling by -7.9% compared with the year before. In general, exports faced a dramatic decline.
In value terms, steel, alloy; semi-finished products exports rose remarkably to $4.4M in 2022. Over the period under review, exports recorded a abrupt downturn.
| Export of Steel, Alloy; Semi-Finished Products in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.9 | 3.8 | 1.6 | 2.9 | -16.0% |
| Netherlands | 1.4 | 1.4 | 2.2 | 1.5 | 2.3% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 6.3 | 5.2 | 4.0 | 4.4 | -11.3% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Finland in 2022:
- Sweden (2.4K tons)
- Netherlands (1.0K tons)
Imports of Steel, Alloy; Semi-Finished Products in Finland
Steel, alloy; semi-finished products imports into Finland surged to 6.1K tons in 2022, growing by 280% on 2021. In general, imports, however, showed a sharp decline.
In value terms, steel, alloy; semi-finished products imports rose rapidly to $3.7M in 2022. Over the period under review, imports, however, continue to indicate a precipitous decrease.
| Import of Steel, Alloy; Semi-Finished Products in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 0.1 | 1.5 | 1400.0% |
| Sweden | 16.7 | 18.0 | N/A | 1.5 | -55.2% |
| Italy | 1.6 | 1.1 | 1.1 | 0.2 | -50.0% |
| Czech Republic | N/A | 0.1 | 0.9 | 0.1 | 0.0% |
| Others | 0.7 | 0.8 | 1.3 | 0.3 | -24.6% |
| Total | 19.1 | 20.0 | 3.4 | 3.7 | -42.1% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Finland in 2022:
- Sweden (3.5K tons)
- Netherlands (2.2K tons)
- Czech Republic (0.2K tons)
- Italy (0.1K tons)
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