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Latest Report Update: Dec 30, 2020

Finland - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Pig Iron Market Overview 2020

Pig Iron Market Size in Finland

After three years of growth, the Finnish pig iron market decreased by -X% to $X in 2019. In general, consumption showed a deep reduction. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Pig Iron Production in Finland

In value terms, pig iron production rose sharply to $X in 2019 estimated in export prices. In general, production showed a sharp contraction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Pig iron production peaked at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.

Pig Iron Exports

Exports from Finland

In 2019, overseas shipments of pig iron and spiegeleisen decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, pig iron exports declined sharply to $X in 2019. In general, exports saw a precipitous setback. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tonnes) was the main destination for pig iron exports from Finland, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Estonia totaled +X%.

In value terms, Estonia ($X) also remains the key foreign market for pig iron exports from Finland.

From 2007 to 2019, the average annual rate of growth in terms of value to Estonia totaled +X%.

Export Prices by Country

The average pig iron export price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2007 to 2019, the rate of growth in terms of prices for Estonia amounted to +X% per year.

Pig Iron Imports

Imports into Finland

In 2019, approx. X tonnes of pig iron and spiegeleisen were imported into Finland; falling by -X% compared with the previous year. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, pig iron imports dropped markedly to $X in 2019. Overall, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Russia (X tonnes) was the main pig iron supplier to Finland, accounting for a X% share of total imports. Moreover, pig iron imports from Russia exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Russia amounted to -X%.

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

From 2007 to 2019, the average annual growth rate of value from Russia totaled -X%.

Import Prices by Country

In 2019, the average pig iron import price amounted to $X per tonne, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Russia ($X per tonne), while the price for Sweden stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig iron and spiegeleisen in the world?
+
China (797M tonnes) constituted the country with the largest volume of pig iron consumption, accounting for 63% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India (76M tonnes), tenfold. The third position in this ranking was occupied by South Korea (54M tonnes), with a 4.3% share.
What are the largest producers of pig iron and spiegeleisen in the world?
+
The country with the largest volume of pig iron production was China (797M tonnes), comprising approx. 63% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India (77M tonnes), tenfold. The third position in this ranking was occupied by South Korea (54M tonnes), with a 4.2% share.
What are the leading suppliers of pig iron and spiegeleisen to Finland?
+
In value terms, Russia ($5.7M) constituted the largest supplier of pig iron to Finland, comprising 93% of total imports. The second position in the ranking was occupied by Sweden ($327K), with a 5.3% share of total imports.
What are the leading importers of pig iron and spiegeleisen from Finland?
+
In value terms, Estonia ($46K) remains the key foreign market for pig iron exports from Finland.
What is the average export price for pig iron and spiegeleisen in Finland?
+
The average pig iron export price stood at $571 per tonne in 2019, rising by 17% against the previous year.
What is the average import price for pig iron and spiegeleisen in Finland?
+
The average pig iron import price stood at $422 per tonne in 2019, remaining stable against the previous year.

Product coverage:
• Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

This report provides an in-depth analysis of the pig iron 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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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