Finland - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Finland - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Finland (CIF) - 2023
- Price for Deformed Non-Alloy Steel Wire Rod in Finland (FOB) - 2022
- Imports of Deformed Non-Alloy Steel Wire Rod in Finland
- Exports of Deformed Non-Alloy Steel Wire Rod in Finland
Price for Deformed Non-Alloy Steel Wire Rod in Finland (CIF) - 2023
In June 2023, the average import price for ribbed or other deformed wire rod of non-alloy steel amounted to $768 per ton, shrinking by -7.3% against the previous month. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in October 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs at $1,526 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,614 per ton), while the price for Norway ($763 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Deformed Non-Alloy Steel Wire Rod in Finland (FOB) - 2022
In 2022, the average export price for ribbed or other deformed wire rod of non-alloy steel amounted to $1,351 per ton, jumping by 68% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 an increase of 167%. As a result, the export price reached the peak level of $2,167 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($1,392 per ton), while the average price for exports to Estonia ($1,160 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 Canada (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Deformed Non-Alloy Steel Wire Rod in Finland
In 2022, the amount of ribbed or other deformed wire rod of non-alloy steel imported into Finland reached 37K tons, flattening at the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 2.1%.
In value terms, deformed non-alloy steel wire rod imports soared to $42M in 2022. Overall, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 58%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Deformed Non-Alloy Steel Wire Rod in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 13.7 | 10.8 | 20.8 | 27.7 | 26.5% |
Spain | 0.1 | N/A | 1.5 | 6.5 | 302.1% |
Germany | 8.9 | 6.2 | 8.7 | 4.8 | -18.6% |
Lithuania | 1.3 | 4.0 | 0.9 | 1.4 | 2.5% |
Poland | N/A | N/A | 0.1 | 1.0 | 900.0% |
Others | 0.3 | 0.3 | 1.7 | 0.3 | 0.0% |
Total | 24.3 | 21.3 | 33.8 | 41.6 | 19.6% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Finland in 2022:
- Norway (25.0K tons)
- Spain (7.5K tons)
- Germany (2.2K tons)
- Lithuania (1.2K tons)
- Poland (0.8K tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Finland
In 2022, approx. 585 tons of ribbed or other deformed wire rod of non-alloy steel were exported from Finland; growing by 182% compared with the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, deformed non-alloy steel wire rod exports skyrocketed to $790K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Deformed Non-Alloy Steel Wire Rod in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 11.5 | 202 | 18.0 | 668 | 287.3% |
Estonia | 109 | 127 | 128 | 107 | -0.6% |
Norway | 0.3 | 40.3 | 0.9 | 15.0 | 268.4% |
Canada | 16.9 | N/A | 19.4 | N/A | 7.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 138 | 370 | 167 | 790 | 78.9% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Finland in 2022:
- Sweden (479.7 tons)
- Estonia (92.3 tons)
- Norway (12.7 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (of non-alloy 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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