Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (CIF) - 2023
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (CIF) - 2023
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $19,399 per ton in August 2023, increasing by 4.3% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 21% month-to-month. The import price peaked at $21,306 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($5.9M per ton), while the price for Norway stood at $50,430 per ton.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $33,324 per ton in 2022, remaining stable against the previous year. Overall, the export price saw a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
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 Chile ($140,256 per ton), while the average price for exports to Poland ($13,505 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 the United States (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland
Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Finland skyrocketed to 1.3K tons in 2022, with an increase of 106% against the previous year's figure. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $23M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.7 | 1.3 | 1.3 | 6.7 | 58.0% |
France | N/A | 2.4 | 2.5 | 5.3 | 48.6% |
Sweden | 2.0 | 2.9 | 2.3 | 2.5 | 7.7% |
Netherlands | 1.6 | 1.9 | 1.4 | 2.4 | 14.5% |
Italy | 0.8 | 0.8 | 0.7 | 2.4 | 44.2% |
Denmark | 1.3 | 1.6 | 1.5 | 1.3 | 0.0% |
Estonia | 0.6 | 0.7 | 0.7 | 0.6 | 0.0% |
Ukraine | 0.2 | 0.3 | 0.1 | 0.5 | 35.7% |
Japan | N/A | 2.1 | 0.3 | N/A | -85.7% |
Others | 1.4 | 0.6 | 0.3 | 1.1 | -7.7% |
Total | 9.5 | 14.5 | 11.0 | 22.9 | 34.1% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Finland in 2022:
- Germany (394.4 tons)
- France (324.8 tons)
- Italy (145.3 tons)
- Netherlands (141.0 tons)
- Estonia (100.9 tons)
- Sweden (82.5 tons)
- Denmark (62.1 tons)
- Ukraine (31.9 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia, which increased by 30% to 58 tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia soared to $1.9M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 159 | 141 | 138 | 321 | 26.4% |
Chile | 4.0 | 10.1 | 150 | 247 | 295.3% |
Sweden | 9.1 | 10.5 | 80.3 | 217 | 187.8% |
Russia | 174 | 183 | 223 | 148 | -5.3% |
Kazakhstan | 25.4 | 46.2 | 34.4 | 127 | 71.0% |
United States | 44.2 | 7.9 | 4.4 | 126 | 41.8% |
Estonia | 91.1 | 103 | 60.8 | 110 | 6.5% |
Germany | 10.0 | 12.4 | 52.7 | 102 | 116.9% |
United Kingdom | 12.2 | N/A | 21.4 | 96.9 | 99.5% |
India | 3.1 | 1.1 | 2.8 | 82.2 | 198.2% |
Lithuania | 6.9 | 39.0 | 69.8 | 65.8 | 112.1% |
Poland | 37.4 | 77.4 | 25.2 | 40.0 | 2.3% |
Norway | 63.3 | 14.9 | 14.2 | 39.3 | -14.7% |
Others | 160 | 237 | 601 | 215 | 10.4% |
Total | 800 | 884 | 1,478 | 1,938 | 34.3% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Finland in 2022:
- Russia (10.3 tons)
- Sweden (10.1 tons)
- Estonia (5.6 tons)
- United Kingdom (4.0 tons)
- Germany (3.8 tons)
- Kazakhstan (3.1 tons)
- Poland (3.0 tons)
- India (2.9 tons)
- Lithuania (2.8 tons)
- Peru (2.4 tons)
- Chile (1.8 tons)
- United States (1.6 tons)
- Norway (1.0 tons)
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