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Finland - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Finland: Aluminium Market Overview 2021

Aluminium Market Size in Finland

The Finnish aluminium market was estimated at $X in 2019, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Aluminium Exports

Exports from Finland

After four years of growth, shipments abroad of aluminium decreased by -X% to X tonnes in 2019. Over the period under review, total exports indicated a temperate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then fell in the following year.

In value terms, aluminium exports contracted remarkably to $X in 2019. In general, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2018, and then fell remarkably in the following year.

Exports by Country

Sweden (X tonnes), Germany (X tonnes) and Poland (X tonnes) were the main destinations of aluminium exports from Finland, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium exported from Finland were Sweden ($X), Germany ($X) and Poland ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average aluminium export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price saw a perceptible descent. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2019, the countries with the highest prices were Poland ($X per tonne) and France ($X per tonne), while the average price for exports to Japan ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into Finland

In 2019, approx. X tonnes of aluminium were imported into Finland; increasing by X% on 2018. In general, imports, however, showed a mild decline. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, aluminium imports dropped to $X in 2019. Over the period under review, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Norway (X tonnes) constituted the largest supplier of aluminium to Finland, with a X% share of total imports. Moreover, aluminium imports from Norway exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), sixfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Norway amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Germany (+X% per year).

In value terms, Norway ($X) constituted the largest supplier of aluminium to Finland, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average aluminium import price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Sweden ($X per tonne) and Norway ($X per tonne), while the price for the United Arab Emirates ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium in the world?
+
China (36M tonnes) remains the largest aluminium consuming country worldwide, comprising approx. 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. India (2.8M tonnes) ranked third in terms of total consumption with a 4.1% share.
What are the largest producers of aluminium in the world?
+
The country with the largest volume of aluminium production was China (36M tonnes), comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminium to Finland?
+
In value terms, Norway ($73M) constituted the largest supplier of aluminium to Finland, comprising 73% of total imports. The second position in the ranking was occupied by Sweden ($12M), with a 12% share of total imports. It was followed by Germany, with a 4.2% share.
What are the leading importers of aluminium from Finland?
+
In value terms, the largest markets for aluminium exported from Finland were Sweden ($14M), Germany ($7.2M) and Poland ($3.7M), with a combined 85% share of total exports.
What is the average export price for aluminium in Finland?
+
The average aluminium export price stood at $1,639 per tonne in 2019, which is down by -20.6% against the previous year.
What is the average import price for aluminium in Finland?
+
The average aluminium import price stood at $2,195 per tonne in 2019, falling by -13.3% against the previous year.

Product coverage:

This report provides an in-depth analysis of the aluminium 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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