Finland: Pyrites Market 2022

Pyrites Market Size in Finland

The Finnish pyrites market shrank to $X in 2021, remaining stable against the previous year. Overall, consumption, however, recorded pronounced growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Pyrites Production in Finland

In value terms, pyrites production contracted modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X%. Pyrites production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Pyrites Exports

Exports from Finland

In 2021, after two years of growth, there was decline in overseas shipments of pyrites, when their volume decreased by -X% to X tonnes. In general, exports faced a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X tonnes in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, pyrites exports reduced to $X in 2021. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tonnes) was the main destination for pyrites exports from Finland, accounting for a X% share of total exports. Moreover, pyrites exports to the United States exceeded the volume sent to the second major destination, Sweden (X tonnes), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and India (+X% per year).

In value terms, the United States ($X) remains the key foreign market for pyrites exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2021, the average pyrites export price amounted to $X per tonne, leveling off at the previous year. Overall, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-X%), while the prices for the other major destinations experienced a decline.

Pyrites Imports

Imports into Finland

In 2021, purchases abroad of pyrites increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pyrites imports soared to $X in 2021. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tonnes) constituted the largest pyrites supplier to Finland, accounting for a X% share of total imports. Moreover, pyrites imports from Sweden exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), threefold.

From 2012 to 2021, the average annual growth rate of volume from Sweden totaled +X%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden stood at +X%.

Import Prices by Country

In 2021, the average pyrites import price amounted to $X per tonne, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per tonne), while the price for Italy stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%).

Source: IndexBox Platform