Quartzite Price in Finland - 2023

Contents:

1. Quartzite Price in Finland (FOB) - 2022
2. Quartzite Price in Finland (CIF) - 2022
3. Quartzite Exports in Finland
4. Quartzite Imports in Finland

Quartzite Price in Finland (FOB) - 2022

In 2022, the average quartzite export price amounted to $191 per ton, which is down by -2.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 44%. The export price peaked at $195 per ton in 2021, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +5.2% per year.

Quartzite Price in Finland (CIF) - 2022

In 2022, the average quartzite import price amounted to $408 per ton, growing by 9% against the previous year. In general, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 11%. The import price peaked at $699 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Norway ($496 per ton), while the price for the Netherlands ($288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-3.2%), while the prices for the other major suppliers experienced a decline.

Quartzite Exports in Finland

Quartzite exports from Finland fell modestly to 427 tons in 2022, which is down by -4.3% against 2021 figures. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 9.3%.

In value terms, quartzite exports reduced to $81K in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.

Top Export Markets for Quartzite from Finland in 2022:

1. Russia (426.6 tons)

Quartzite Imports in Finland

In 2022, approx. 80 tons of quartzite were imported into Finland; growing by 27% against 2021 figures. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 696%. As a result, imports reached the peak of 154 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, quartzite imports surged to $33K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 603%. As a result, imports reached the peak of $53K. From 2021 to 2022, the growth of imports remained at a lower figure.

Top Suppliers of Quartzite to Finland in 2022:

1. Norway (44.5 tons)
2. Netherlands (34.0 tons)
3. Estonia (1.5 tons)

Source: IndexBox Market Intelligence Platform