Finland: Metal Stud-Link Chain Market 2024

Metal Stud-Link Chain Market Size in Finland

The Finnish metal stud-link chain market skyrocketed to $X in 2023, growing by X% against the previous year. Overall, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Metal Stud-Link Chain Production in Finland

In value terms, metal stud-link chain production declined significantly to $X in 2023 estimated in export price. Over the period under review, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, production reached the peak level of $X, and then dropped sharply in the following year.

Metal Stud-Link Chain Exports

Exports from Finland

In 2023, overseas shipments of iron/steel stud-link chain decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X tons in 2022, and then declined remarkably in the following year.

In value terms, metal stud-link chain exports declined notably to $X in 2023. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Estonia (X kg), Qatar (X kg) and Kyrgyzstan (X kg) were the main destinations of metal stud-link chain exports from Finland, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of X.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal stud-link chain exported from Finland were Qatar ($X), Estonia ($X) and Kyrgyzstan ($X), together comprising X% of total exports.

Among the main countries of destination, Kyrgyzstan, with a CAGR of X.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average metal stud-link chain export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Stud-Link Chain Imports

Imports into Finland

Metal stud-link chain imports into Finland surged to X tons in 2023, picking up by X% against the previous year. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, metal stud-link chain imports skyrocketed to $X in 2023. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) was the main metal stud-link chain supplier to Finland, accounting for a X% share of total imports. It was followed by Norway (X tons), with a X% share of total imports. The third position in this ranking was taken by the Netherlands (X kg), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of iron/steel stud-link chain to Finland, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average metal stud-link chain import price stood at $X per ton in 2023, falling by X% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform