Salts; Molybdates Price in Finland - 2023

Contents:

1. Salts; Molybdates Price in Finland (CIF) - 2022
2. Salts; Molybdates Imports in Finland

Salts; Molybdates Price in Finland (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $20,710 per ton, increasing by 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($20,266 per ton), while the price for the Netherlands amounted to $20,112 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Imports in Finland

After three years of growth, supplies from abroad of salts; molybdateses decreased by -10.1% to 30 tons in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year.

In value terms, salts; molybdates imports expanded to $630K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Salts; Molybdates to Finland in 2022:

1. Belgium (29.1 tons)
2. Netherlands (1.2 tons)

Source: IndexBox Market Intelligence Platform