Finland: Market for Copper Tubes And Pipes 2024

Market Size for Copper Tubes And Pipes in Finland

The Finnish copper tube and pipe market stood at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Copper tube and pipe consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Copper Tubes And Pipes in Finland

In value terms, copper tube and pipe production expanded rapidly to $X in 2022 estimated in export price. Overall, production saw a mild setback. The growth pace was the most rapid in 2021 with an increase of X%. Copper tube and pipe production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Copper Tubes And Pipes

Exports from Finland

Copper tube and pipe exports from Finland contracted to X tons in 2022, reducing by X% against the previous year. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper tube and pipe exports declined to $X in 2022. In general, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of copper tube and pipe exports from Finland, with a combined X% share of total exports. The United States, Poland, the UK, Norway, Russia, France, New Zealand, the Czech Republic, Slovakia and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for copper tube and pipe exported from Finland were Italy ($X), Sweden ($X) and the United States ($X), together comprising X% of total exports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average copper tube and pipe export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price continues to indicate a mild increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

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

Imports of Copper Tubes And Pipes

Imports into Finland

In 2022, purchases abroad of copper tubes and pipes increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a mild slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, copper tube and pipe imports surged to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest copper tube and pipe supplier to Finland, with a X% share of total imports. Moreover, copper tube and pipe imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Sweden ($X) constituted the largest supplier of copper tubes and pipes to Finland, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

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

Import Prices by Country

In 2022, the average copper tube and pipe import price amounted to $X per ton, remaining constant against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper tube and pipe import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

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 the UK ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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