Finland - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Alloys Price in Finland - 2023
Contents:
- Ferro-Alloys Price in Finland (FOB) - 2022
- Ferro-Alloys Price in Finland (CIF) - 2022
- Ferro-Alloys Exports in Finland
- Ferro-Alloys Imports in Finland
Ferro-Alloys Price in Finland (FOB) - 2022
The average ferro-alloys export price stood at $1,309 per ton in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,273 per ton), while the average price for exports to Italy ($1,068 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 China (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys Price in Finland (CIF) - 2022
In 2022, the average ferro-alloys import price amounted to $2,189 per ton, dropping by -12.9% against the previous year. In general, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 20%. The import price peaked at $3,053 per ton in 2014; however, from 2015 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 Spain ($6,678 per ton), while the price for South Africa ($614 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys Exports in Finland
In 2022, ferro-alloys exports from Finland amounted to 249K tons, remaining relatively unchanged against the year before. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 8.3% against the previous year. As a result, the exports reached the peak of 257K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ferro-alloys exports rose notably to $326M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Ferro-Alloys in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.6 | 77.5 | 107 | 111 | 36.5% |
Netherlands | 34.8 | 57.3 | 68.8 | 75.8 | 29.6% |
Sweden | 66.4 | 55.5 | 46.3 | 71.7 | 2.6% |
United Kingdom | 26.2 | 20.6 | 24.7 | 22.6 | -4.8% |
Spain | 8.8 | 4.1 | 11.8 | 16.1 | 22.3% |
Japan | 7.5 | 10.1 | 16.9 | 13.5 | 21.6% |
Taiwan (Chinese) | 5.6 | 5.9 | 3.2 | 6.4 | 4.6% |
China | 52.2 | 26.7 | N/A | N/A | -48.9% |
Indonesia | 37.7 | 21.0 | N/A | N/A | -44.3% |
Others | 11.1 | 11.2 | 13.4 | 8.9 | -7.1% |
Total | 294 | 290 | 292 | 326 | 3.5% |
Top Export Markets for Ferro-Alloys from Finland in 2022:
- China (undefinedK tons)
- United States (79.6K tons)
- Netherlands (64.8K tons)
- Sweden (61.0K tons)
- United Kingdom (15.7K tons)
- Spain (10.7K tons)
- Japan (8.4K tons)
- Taiwan (Chinese) (3.8K tons)
Ferro-Alloys Imports in Finland
Ferro-alloys imports into Finland surged to 182K tons in 2022, rising by 47% compared with the year before. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, ferro-alloys imports surged to $399M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 87%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Import of Ferro-Alloys in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 28.5 | 32.7 | 58.6 | 122 | 62.4% |
Netherlands | 1.6 | 16.1 | 44.0 | 73.2 | 257.7% |
Sweden | 12.3 | 36.9 | 19.4 | 37.3 | 44.7% |
Brazil | 49.6 | 15.1 | 11.7 | 35.3 | -10.7% |
Latvia | 10.4 | 12.0 | 18.8 | 21.4 | 27.2% |
North Macedonia | 8.6 | 8.8 | N/A | 12.5 | 13.3% |
Iceland | 1.8 | 2.8 | 12.3 | 11.6 | 86.1% |
Dominican Republic | 23.4 | 8.7 | 57.9 | 11.0 | -22.2% |
Ukraine | 5.5 | 9.0 | 10.3 | 3.2 | -16.5% |
South Africa | 5.8 | 1.0 | 1.7 | 2.5 | -24.5% |
Others | 53.2 | 23.1 | 76.1 | 69.1 | 9.1% |
Total | 201 | 166 | 311 | 399 | 25.7% |
Top Suppliers of Ferro-Alloys to Finland in 2022:
- Norway (91.8K tons)
- Netherlands (19.0K tons)
- Latvia (14.9K tons)
- Iceland (12.0K tons)
- Sweden (9.6K tons)
- Brazil (7.9K tons)
- South Africa (4.0K tons)
- North Macedonia (3.4K tons)
- Ukraine (3.1K tons)
- Dominican Republic (2.0K tons)
This report provides an in-depth analysis of the ferro-alloys 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:
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:
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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
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- 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
This report provides an in-depth analysis of the ferro-alloys market in Finland.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Finland.
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This report provides an in-depth analysis of the global ferro-alloys market.
This report provides an in-depth analysis of the global miscellaneous ferro-alloys market.
China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
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