Report Update: May 1, 2024

Finland - Iron Or Steel Screw Hooks And Screw Rings - Market Analysis, Forecast, Size, Trends And Insights

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Metal Screw Hook Price in Finland - 2023

Metal Screw Hook Price in Finland (CIF) - 2023

In June 2023, the average metal screw hook import price amounted to $3,940 per ton, with a decrease of -22.1% against the previous month. Over the period under review, the import price recorded a noticeable slump. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 34% m-o-m. Over the period under review, average import prices attained the maximum at $5,813 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,855 per ton), while the price for China ($2,784 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 Estonia (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Screw Hook Price in Finland (FOB) - 2022

In 2022, the average metal screw hook export price amounted to $11,361 per ton, surging by 15% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,976 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($109,652 per ton), while the average price for exports to South Korea ($4,333 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 the United States (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Screw Hook Imports in Finland

In 2022, approx. 641 tons of iron or steel screw hooks and screw rings were imported into Finland; surging by 13% on the previous year's figure. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, metal screw hook imports rose markedly to $2.5M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Metal Screw Hook in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	583	594	657	803	11.3%
Sweden	545	567	762	754	11.4%
Germany	513	432	517	671	9.4%
Taiwan (Chinese)	162	119	71.1	64.6	-26.4%
Italy	95.6	53.2	99.9	46.0	-21.6%
Vietnam	35.5	49.5	45.8	26.9	-8.8%
Others	104	101	134	119	4.6%
Total	2,039	1,915	2,287	2,484	6.8%

Top Suppliers of Metal Screw Hook to Finland in 2022:

Sweden (252.8 tons)
China (214.9 tons)
Germany (131.6 tons)
Taiwan (Chinese) (11.4 tons)
Italy (8.9 tons)
Vietnam (6.5 tons)

Metal Screw Hook Exports in Finland

In 2022, overseas shipments of iron or steel screw hooks and screw rings decreased by -26.9% to 28 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 39 tons, and then declined sharply in the following year.

In value terms, metal screw hook exports contracted sharply to $322K in 2022. Overall, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports reached the peak of $382K, and then declined remarkably in the following year.

Export of Metal Screw Hook in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	119	77.7	88.0	82.8	-11.4%
Estonia	72.4	78.6	91.0	48.0	-12.8%
United States	7.5	7.7	23.7	47.3	84.8%
India	7.0	9.0	29.7	30.1	62.6%
Netherlands	10.8	9.8	10.1	18.9	20.5%
South Korea	0.1	N/A	6.2	12.9	405.3%
Latvia	13.7	13.2	9.6	12.2	-3.8%
Russia	29.3	4.2	5.3	5.2	-43.8%
Others	34.3	40.3	118	64.3	23.3%
Total	294	240	382	322	3.1%

Top Export Markets for Metal Screw Hook from Finland in 2022:

Estonia (10.9 tons)
Sweden (8.8 tons)
South Korea (3.0 tons)
India (1.2 tons)
Netherlands (0.7 tons)
Latvia (0.6 tons)
United States (0.4 tons)
Russia (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal screw hook 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 25941157 - Iron or steel screw hooks and screw rings

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023