Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,709 per ton in 2022, surging by 21% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alloy steel flat-rolled products, of a width of less than 600mms increased by +1.8% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($3,973 per ton), while the price for Turkey ($1,744 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,303 per ton, with an increase of 6.4% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for alloy steel flat-rolled products, of a width of less than 600mms increased by +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,812 per ton), while the average price for exports to Italy ($991 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 (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Finland surged to 8.8K tons in 2022, increasing by 47% against the previous year's figure. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 53%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms surged to $24M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Finland in 2022:

1. Netherlands (3.0K tons)
2. Germany (2.7K tons)
3. Poland (1.5K tons)
4. Sweden (0.9K tons)
5. Italy (0.2K tons)
6. Turkey (0.1K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Finland

In 2022, exports of alloy steel flat-rolled products, of a width of less than 600mms from Finland shrank significantly to 8.7K tons, waning by -21.4% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 49%. As a result, the exports attained the peak of 11K tons, and then contracted sharply in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms contracted dramatically to $11M in 2022. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 106%. As a result, the exports reached the peak of $14M, and then shrank notably in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Finland in 2022:

1. Sweden (3.6K tons)
2. Norway (2.6K tons)
3. Denmark (0.9K tons)
4. Italy (0.6K tons)
5. Poland (0.4K tons)
6. Estonia (0.3K tons)

Source: IndexBox Market Intelligence Platform