Finland - Base Metal Cored Wire For Electric Arc-Welding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCored Arc-Welding Wire Price in Finland - 2023
Contents:
- Cored Arc-Welding Wire Price in Finland (CIF) - 2023
- Cored Arc-Welding Wire Price in Finland (FOB) - 2022
- Cored Arc-Welding Wire Imports in Finland
- Cored Arc-Welding Wire Exports in Finland
Cored Arc-Welding Wire Price in Finland (CIF) - 2023
In July 2023, the average cored arc-welding wire import price amounted to $4,763 per ton, dropping by -33% against the previous month. In general, the import price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in June 2023 an increase of 78% month-to-month. As a result, import price reached the peak level of $7,108 per ton, and then reduced rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($12,897 per ton), while the price for China ($1,563 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cored Arc-Welding Wire Price in Finland (FOB) - 2022
In 2022, the average cored arc-welding wire export price amounted to $10,569 per ton, picking up by 50% against the previous year. In general, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2019 an increase of 1,276% against the previous year. As a result, the export price reached the peak level of $133,006 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($28,223 per ton), while the average price for exports to Belarus ($4,144 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 Estonia (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Cored Arc-Welding Wire Imports in Finland
In 2022, cored arc-welding wire imports into Finland dropped to 2.7K tons, falling by -13.2% compared with the year before. Over the period under review, imports continue to indicate a slight setback. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of 3.1K tons, and then contracted in the following year.
In value terms, cored arc-welding wire imports expanded modestly to $12M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.1%.
| Import of Cored Arc-Welding Wire in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 3.3 | 3.0 | 3.7 | 5.0% |
| Sweden | 2.2 | 5.7 | 4.1 | 3.4 | 15.6% |
| Vietnam | 0.1 | 0.2 | 1.4 | 1.4 | 141.0% |
| Germany | 1.1 | 0.6 | 1.5 | 1.3 | 5.7% |
| Czech Republic | 1.8 | 0.2 | 0.3 | 0.6 | -30.7% |
| South Korea | 0.6 | 0.2 | 0.4 | 0.5 | -5.9% |
| Norway | N/A | N/A | N/A | 0.1 | 0% |
| Poland | 1.3 | 0.2 | 0.1 | N/A | -72.3% |
| Others | 2.3 | 0.7 | 1.0 | 1.2 | -19.5% |
| Total | 12.6 | 10.9 | 11.8 | 12.3 | -0.8% |
Top Suppliers of Cored Arc-Welding Wire to Finland in 2022:
- Sweden (807.3 tons)
- Netherlands (700.0 tons)
- Vietnam (600.0 tons)
- Germany (135.1 tons)
- South Korea (125.0 tons)
- Czech Republic (117.1 tons)
- Norway (42.6 tons)
- Poland (1.6 tons)
Cored Arc-Welding Wire Exports in Finland
Cored arc-welding wire exports from Finland fell rapidly to 14 tons in 2022, shrinking by -18.9% compared with the previous year's figure. Overall, exports showed a slight decline. The most prominent rate of growth was recorded in 2021 when exports increased by 413% against the previous year. As a result, the exports attained the peak of 17 tons, and then fell dramatically in the following year.
In value terms, cored arc-welding wire exports skyrocketed to $143K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 265% against the previous year.
| Export of Cored Arc-Welding Wire in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 134 | 18.3 | 9.5 | 48.8 | -28.6% |
| Uruguay | 3.4 | 3.6 | 101 | 38.7 | 124.9% |
| Belarus | N/A | N/A | N/A | 16.3 | 0% |
| Turkey | N/A | N/A | N/A | 14.2 | 0% |
| Estonia | 7.2 | 6.4 | 5.5 | 4.6 | -13.9% |
| Sweden | 7.7 | 0.3 | 0.2 | 4.0 | -19.6% |
| Others | 1,743 | 3.6 | 1.0 | 16.2 | -79.0% |
| Total | 1,895 | 32.2 | 118 | 143 | -57.7% |
Top Export Markets for Cored Arc-Welding Wire from Finland in 2022:
- Uruguay (4.1 tons)
- Russia (4.1 tons)
- Belarus (3.9 tons)
- Turkey (0.7 tons)
- Sweden (0.4 tons)
- Estonia (0.2 tons)
This report provides an in-depth analysis of the cored arc-welding wire 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 25931530 - Base metal cored wire for electric arc-welding (excluding wire and rods of cored solder, the solder consisting of an alloy containing 2 % or more by weight, of any one precious metal)
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.
-
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
-
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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