Finland: Aluminium Reservoir Market 2024

Aluminium Reservoir Market Size in Finland

The Finnish aluminium reservoir market stood at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a perceptible downturn. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Aluminium Reservoir Production in Finland

In value terms, aluminium reservoir production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in years to come.

Aluminium Reservoir Exports

Exports from Finland

In 2022, shipments abroad of aluminium reservoirs, tanks, vats and similar containers increased by X% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, aluminium reservoir exports surged to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Sweden (X units), Poland (X units) and Latvia (X units) were the main destinations of aluminium reservoir exports from Finland.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X) remains the key foreign market for aluminium reservoirs, tanks, vats and similar containers exports from Finland, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2022, the average aluminium reservoir export price amounted to $X per unit, surging by X% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced a decline.

Aluminium Reservoir Imports

Imports into Finland

After two years of growth, supplies from abroad of aluminium reservoirs, tanks, vats and similar containers decreased by X% to X units in 2022. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, aluminium reservoir imports soared to $X in 2022. In general, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Sweden (X units) were the main suppliers of aluminium reservoir imports to Finland.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of aluminium reservoirs, tanks, vats and similar containers to Finland, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average aluminium reservoir import price amounted to $X per unit, rising by X% against the previous year. In general, the import price continues to indicate a mild expansion. The growth pace was the most rapid in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a 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 Sweden ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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