Finland - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Finland - 2023
Contents:
- Unwrought Aluminium Alloys Price in Finland (CIF) - 2023
- Unwrought Aluminium Alloys Price in Finland (FOB) - 2023
- Unwrought Aluminium Alloys Imports in Finland
- Unwrought Aluminium Alloys Exports in Finland
Unwrought Aluminium Alloys Price in Finland (CIF) - 2023
The average unwrought aluminium alloys import price stood at $2,969 per ton in June 2023, dropping by -2.6% against the previous month. Overall, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in December 2022 when the average import price increased by 2.1% m-o-m. The import price peaked at $4,186 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from the Netherlands ($3,058 per ton) and Sweden ($3,032 per ton), while the price for Austria ($2,543 per ton) and the United Arab Emirates ($2,719 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.4%), while the prices for the other major suppliers experienced a decline.
Unwrought Aluminium Alloys Price in Finland (FOB) - 2023
In May 2023, the average unwrought aluminium alloys export price amounted to $2,640 per ton, reducing by -8.2% against the previous month. Overall, the export price saw a slight contraction. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% month-to-month. The export price peaked at $2,991 per ton in May 2022; however, from June 2022 to May 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In May 2023, the highest price was recorded for prices to the Netherlands ($3,020 per ton) and Poland ($2,821 per ton), while the average price for exports to the Czech Republic ($2,454 per ton) and Germany ($2,456 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.1%), while the prices for the other major destinations experienced a decline.
Unwrought Aluminium Alloys Imports in Finland
In 2022, the amount of unwrought aluminium alloys imported into Finland stood at 42K tons, remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, unwrought aluminium alloys imports soared to $181M in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 84%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Unwrought Aluminium Alloys in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 10.0 | 43.0 | 76.3 | 106 | 119.7% |
| Norway | 60.4 | 18.8 | 34.1 | 52.8 | -4.4% |
| Netherlands | N/A | N/A | 2.7 | 10.0 | 270.4% |
| Bahrain | 1.0 | 1.2 | 2.5 | 3.8 | 56.0% |
| Germany | 1.5 | 1.2 | 2.1 | 3.0 | 26.0% |
| United Arab Emirates | 2.0 | 0.9 | 3.8 | N/A | 37.8% |
| Others | 5.5 | 2.8 | 3.6 | 5.1 | -2.5% |
| Total | 80.6 | 67.9 | 125 | 181 | 31.0% |
Top Suppliers of Unwrought Aluminium Alloys to Finland in 2022:
- Sweden (24.1K tons)
- Norway (12.0K tons)
- Netherlands (2.2K tons)
- Germany (1.0K tons)
- Bahrain (0.9K tons)
Unwrought Aluminium Alloys Exports in Finland
After three years of growth, overseas shipments of unwrought aluminium alloys decreased by -3.1% to 22K tons in 2022. The total export volume increased at an average annual rate of +10.0% 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 2020 with an increase of 37% against the previous year.
In value terms, unwrought aluminium alloys exports soared to $63M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Unwrought Aluminium Alloys in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 15.3 | 12.5 | 18.1 | 24.4 | 16.8% |
| Germany | 7.7 | 5.4 | 11.8 | 12.5 | 17.5% |
| Poland | 3.9 | 3.1 | 5.7 | 10.0 | 36.9% |
| Austria | 0.2 | 0.8 | 2.1 | 4.1 | 173.7% |
| Netherlands | N/A | 0.1 | 1.1 | 4.0 | 532.5% |
| Czech Republic | 0.4 | 0.6 | 1.0 | 2.7 | 89.0% |
| China | 0.3 | 9.5 | 5.5 | 2.0 | 88.2% |
| France | 2.3 | 1.1 | 1.8 | 1.6 | -11.4% |
| Japan | 0.8 | 2.0 | 3.1 | 0.5 | -14.5% |
| Portugal | 0.4 | 0.9 | 0.9 | 0.4 | 0.0% |
| Others | 0.3 | 0.1 | 1.8 | 0.6 | 26.0% |
| Total | 31.7 | 36.1 | 52.9 | 62.9 | 25.7% |
Top Export Markets for Unwrought Aluminium Alloys from Finland in 2022:
- Sweden (8.8K tons)
- Germany (4.6K tons)
- Poland (3.3K tons)
- Austria (1.5K tons)
- Netherlands (1.1K tons)
- Czech Republic (1.0K tons)
- China (0.8K tons)
- France (0.6K tons)
- Japan (0.2K tons)
- Portugal (0.1K tons)
This report provides an in-depth analysis of the unwrought aluminium alloys 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 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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