Report Update: May 1, 2024

Finland - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Threaded Metal Articles Price in Finland - 2023

Threaded Metal Articles Price in Finland (FOB) - 2023

In June 2023, the average threaded metal articles export price amounted to $14,469 per ton, increasing by 13% against the previous month. In general, export price indicated a perceptible increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, threaded metal articles export price increased by +32.7% against March 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 102% m-o-m. As a result, the export price attained the peak level of $17,454 per ton. From January 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($48,522 per ton), while the average price for exports to Belgium ($6,889 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Threaded Metal Articles Price in Finland (CIF) - 2022

The average threaded metal articles import price stood at $7,870 per ton in 2022, picking up by 18% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 19%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($25,362 per ton), while the price for India ($1,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Threaded Metal Articles Exports in Finland

In 2022, the amount of threaded articles of iron or steel exported from Finland dropped significantly to 1.3K tons, shrinking by -25.6% on the previous year. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 9.5% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then declined dramatically in the following year.

In value terms, threaded metal articles exports declined to $14M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. As a result, the exports reached the peak of $15M, and then fell in the following year.

Export of Threaded Metal Articles in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,228	2,910	3,673	3,397	15.1%
Sweden	1,054	1,009	1,310	1,685	16.9%
Russia	1,595	2,196	2,910	1,205	-8.9%
United Kingdom	191	230	1,280	1,079	78.1%
Estonia	448	506	650	848	23.7%
Turkey	699	372	284	491	-11.1%
Italy	178	148	140	489	40.1%
Lithuania	311	284	241	401	8.8%
France	385	412	686	400	1.3%
Belgium	1,285	419	436	360	-34.6%
Switzerland	374	390	405	344	-2.7%
Portugal	176	204	281	275	16.0%
Poland	319	135	138	77.4	-37.6%
Others	2,005	1,482	2,859	2,548	8.3%
Total	11,248	10,696	15,293	13,598	6.5%

Top Export Markets for Threaded Metal Articles from Finland in 2022:

Germany (396.2 tons)
Russia (250.0 tons)
Sweden (180.2 tons)
Turkey (64.5 tons)
Estonia (58.8 tons)
Belgium (57.1 tons)
United Kingdom (52.4 tons)
France (42.4 tons)
Switzerland (42.0 tons)
Lithuania (36.1 tons)
Italy (31.5 tons)
Portugal (23.0 tons)
Poland (9.0 tons)

Threaded Metal Articles Imports in Finland

In 2022, the amount of threaded articles of iron or steel imported into Finland stood at 1.7K tons, growing by 2.5% against the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, threaded metal articles imports skyrocketed to $13M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Threaded Metal Articles in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.2	2.3	2.3	2.8	-4.4%
China	1.8	1.4	2.2	2.3	8.5%
Austria	0.3	1.5	1.2	1.4	67.1%
Denmark	N/A	1.0	1.2	1.3	14.0%
Taiwan (Chinese)	0.9	0.7	0.8	1.0	3.6%
Estonia	0.1	0.2	0.3	0.7	91.3%
Sweden	0.4	0.5	0.6	0.7	20.5%
India	0.1	0.1	0.2	0.2	26.0%
Others	3.2	1.5	2.1	2.9	-3.2%
Total	10.0	9.3	10.9	13.2	9.7%

Top Suppliers of Threaded Metal Articles to Finland in 2022:

China (567.9 tons)
Germany (232.7 tons)
Taiwan (Chinese) (149.1 tons)
Denmark (144.3 tons)
Estonia (127.6 tons)
India (92.9 tons)
Austria (83.2 tons)
Sweden (56.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the threaded metal articles market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25941190 - Threaded articles, n.e.c., of iron or steel

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023