Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,354 per ton, surging by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,868 per ton), while the price for Estonia ($4,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $10,605 per ton, which is down by -28.7% against the previous year. Overall, the export price, however, continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 187% against the previous year. As a result, the export price attained the peak level of $18,342 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 ($18,262 per ton), while the average price for exports to Brazil totaled $10,073 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into Finland reduced to 660 tons, shrinking by -3.9% on 2021. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports attained the peak of 687 tons, and then reduced modestly in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose markedly to $3.5M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,0186659481,38610.8%
Spain3665115941,00740.1%
Italy681319864554-6.6%
Sweden17417952633123.9%
Germany77.062.511312617.8%
Estonia8.830.011872.5102.0%
United States50.917021.2N/A-35.5%
Others15564.541.257.1-28.3%
Total2,5312,0013,2263,53311.8%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Finland in 2022:

  1. Switzerland (260.4 tons)
  2. Spain (197.7 tons)
  3. Italy (105.4 tons)
  4. Sweden (60.7 tons)
  5. Estonia (17.1 tons)
  6. Germany (12.8 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland

In 2022, approx. 1.2 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Finland; with an increase of 1,056% compared with 2021 figures. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses surged to $13K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/AN/A11.30%
Estonia1.11.10.51.22.9%
Sweden4.6N/AN/A0.1-72.1%
RussiaN/A1.8N/AN/A0%
Latvia1.01.80.5N/A-29.3%
OthersN/A1.60.5N/A-68.8%
Total6.76.21.512.623.4%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Finland in 2022:

  1. Brazil (1124.0 kg)
  2. Estonia (65.0 kg)
  3. Sweden (2.0 kg)

Source: IndexBox Market Intelligence Platform

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