Metals; Platinum, Semi-Manufactured Price in Finland - 2023

Contents:

  1. Metals; Platinum, Semi-Manufactured Price in Finland (CIF) - 2022
  2. Metals; Platinum, Semi-Manufactured Price in Finland (FOB) - 2022
  3. Metals; Platinum, Semi-Manufactured Imports in Finland
  4. Metals; Platinum, Semi-Manufactured Exports in Finland

Metals; Platinum, Semi-Manufactured Price in Finland (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $8,010,608 per ton in 2022, falling by -30.6% against the previous year. Over the period under review, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 152% against the previous year. As a result, import price reached the peak level of $23,010 per kg. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($51,135,667 per ton), while the price for the United States ($621,353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+44.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Price in Finland (FOB) - 2022

In 2022, the average metals; platinum, semi-manufactured export price amounted to $7,818,833 per ton, rising by 355% against the previous year. Overall, the export price, however, showed a perceptible curtailment. Over the period under review, the average export prices hit record highs at $34,367,556 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($20,156,000 per ton), while the average price for exports to Norway ($147,000 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 Norway (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metals; Platinum, Semi-Manufactured Imports in Finland

In 2022, the amount of metals; platinum, semi-manufactureds imported into Finland soared to 143 kg, with an increase of 29% on the year before. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 147%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured imports dropped to $1.1M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 126% against the previous year. As a result, imports reached the peak of $1.3M, and then reduced in the following year.

Import of Metals; Platinum, Semi-Manufactured in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom34.937.6434403126.0%
Sweden2972954953273.3%
Germany86.992.120017526.3%
Switzerland11698.01421539.7%
United States0.91.28.410.6127.5%
Austria16.122.41.6N/A-68.5%
Others4.319.80.477.1161.7%
Total5565661,2811,14627.3%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Finland in 2022:

  1. United Kingdom (92.0 kg)
  2. Germany (20.0 kg)
  3. United States (17.0 kg)
  4. Sweden (7.0 kg)
  5. Switzerland (3.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Finland

In 2022, metals; platinum, semi-manufactured exports from Finland soared to 6 kg, picking up by 100% against 2021. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured exports soared to $47K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Metals; Platinum, Semi-Manufactured in Finland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United KingdomN/A20.20%
Germany0.813.11537.5%
SwedenN/A9.40%
Estonia3.63.3-8.3%
PolandN/A0.80%
NorwayN/A0.10%
Austria0.8N/A0%
OthersN/AN/A0%
Total5.246.9801.9%

Top Export Markets for Metals; Platinum, Semi-Manufactured from Finland in 2022:

  1. Estonia (1.0 kg)
  2. Poland (1.0 kg)
  3. United Kingdom (1.0 kg)
  4. Sweden (1.0 kg)
  5. Germany (1.0 kg)
  6. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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