Price for Railway or Tramway Track Constructions of Iron or Steel in Finland - 2023
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Finland (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Finland (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Finland
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Finland
Price for Railway or Tramway Track Constructions of Iron or Steel in Finland (CIF) - 2022
In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $2,384 per ton, picking up by 19% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 86% against the previous year. Over the period under review, average import prices hit record highs at $2,387 per ton in 2019; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($4,026 per ton), while the price for the UK ($902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Finland (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $6,262 per ton in 2022, rising by 40% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for railway or tramway track constructions of iron or steel increased by +95.8% against 2020 indices. Over the period under review, the average export prices hit record highs at $6,502 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($11,153 per ton), while the average price for exports to Estonia ($2,552 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 China (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Finland
In 2022, purchases abroad of railway or tramway track constructions of iron or steel decreased by -28.3% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 80% against the previous year.
In value terms, imports of railway or tramway track constructions of iron or steel shrank to $30M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of $35M, and then contracted in the following year.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.6 | 3.0 | 6.0 | 6.1 | 56.2% |
| Sweden | 4.8 | 5.1 | 5.8 | 6.0 | 7.7% |
| Poland | 2.1 | 4.2 | 6.9 | 4.5 | 28.9% |
| Spain | 2.5 | 4.6 | 4.3 | 4.4 | 20.7% |
| Austria | 0.9 | 2.4 | 1.4 | 2.6 | 42.4% |
| Luxembourg | 0.9 | 2.2 | 2.2 | 1.5 | 18.6% |
| France | 1.8 | 0.4 | 0.3 | 1.5 | -5.9% |
| Estonia | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
| United Kingdom | N/A | N/A | 4.1 | 0.2 | -95.1% |
| Others | 1.4 | 1.4 | 3.4 | 1.7 | 6.7% |
| Total | 16.0 | 23.6 | 35.0 | 29.9 | 23.2% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Finland in 2022:
- Spain (3.1K tons)
- Germany (2.7K tons)
- Sweden (1.5K tons)
- Poland (1.2K tons)
- Austria (1.2K tons)
- Luxembourg (1.0K tons)
- Estonia (0.4K tons)
- France (0.4K tons)
- United Kingdom (0.2K tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Finland
In 2022, the amount of railway or tramway track constructions of iron or steel exported from Finland shrank remarkably to 54 tons, which is down by -61.8% on 2021. Overall, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 2.4%.
In value terms, exports of railway or tramway track constructions of iron or steel fell notably to $340K in 2022. In general, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.2 | 9.7 | 163 | 183 | 102.0% |
| India | 543 | 91.0 | 356 | 72.0 | -49.0% |
| Mozambique | N/A | N/A | N/A | 42.3 | 0% |
| Norway | 27.7 | 8.1 | N/A | 10.6 | -27.4% |
| Estonia | 2.5 | 22.2 | 8.9 | 2.6 | 1.3% |
| Russia | 31.2 | 189 | 5.1 | 2.4 | -57.5% |
| Sweden | 33.0 | N/A | 0.8 | N/A | -84.4% |
| Poland | 123 | 113 | 95.8 | N/A | -11.7% |
| Others | 23.0 | 10.9 | 6.6 | 27.3 | 5.9% |
| Total | 805 | 444 | 636 | 340 | -25.0% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Finland in 2022:
- China (32.4 tons)
- Mozambique (11.4 tons)
- India (6.5 tons)
- Estonia (1.0 tons)
- Norway (1.0 tons)
- Russia (0.2 tons)
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This report provides an in-depth analysis of the steel railway material market in Finland.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Finland.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1318
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1318
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
