Waxes; Artificial, Prepared Price in Finland - 2023
Contents:
- Waxes; Artificial, Prepared Price in Finland (CIF) - 2022
- Waxes; Artificial, Prepared Price in Finland (FOB) - 2022
- Waxes; Artificial, Prepared Imports in Finland
- Waxes; Artificial, Prepared Exports in Finland
Waxes; Artificial, Prepared Price in Finland (CIF) - 2022
In 2022, the average waxes; artificial, prepared import price amounted to $4,472 per ton, growing by 19% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waxes; artificial, prepared import price increased by +52.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 28%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,981 per ton), while the price for Belgium ($2,189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Waxes; Artificial, Prepared Price in Finland (FOB) - 2022
In 2022, the average waxes; artificial, prepared export price amounted to $8,380 per ton, with a decrease of -5.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices hit record highs at $8,983 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($10,795 per ton), while the average price for exports to Germany ($2,592 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 Turkey (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Imports in Finland
In 2022, approx. 6.5K tons of waxes; artificial, prepared were imported into Finland; surging by 9.4% compared with the previous year. Over the period under review, imports, however, showed a deep setback.
In value terms, waxes; artificial, prepared imports soared to $29M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Waxes; Artificial, Prepared in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.4 | 7.3 | 12.0 | 14.9 | -3.1% |
| United States | 3.0 | 1.4 | 0.2 | 4.2 | 11.9% |
| Germany | 2.0 | 1.9 | 2.3 | 2.3 | 4.8% |
| Denmark | 1.8 | 1.6 | 1.3 | 1.7 | -1.9% |
| Belgium | 0.2 | 0.8 | 1.2 | 1.7 | 104.1% |
| Netherlands | 0.3 | 0.3 | 0.9 | 1.1 | 54.2% |
| Sweden | 0.8 | 1.0 | 1.2 | 0.7 | -4.4% |
| Italy | 1.7 | 0.1 | 0.2 | 0.3 | -43.9% |
| United Kingdom | 0.9 | 0.4 | 0.2 | 0.3 | -30.7% |
| Others | 1.4 | 1.4 | 2.5 | 1.7 | 6.7% |
| Total | 28.3 | 16.1 | 22.2 | 28.9 | 0.7% |
Top Suppliers of Waxes; Artificial, Prepared to Finland in 2022:
- China (3304.1 tons)
- Belgium (778.9 tons)
- United States (728.0 tons)
- Denmark (499.4 tons)
- Germany (391.5 tons)
- Netherlands (240.8 tons)
- Sweden (133.3 tons)
- United Kingdom (30.4 tons)
- Italy (28.9 tons)
Waxes; Artificial, Prepared Exports in Finland
In 2022, after two years of decline, there was significant growth in shipments abroad of waxes; artificial, prepared, when their volume increased by 138% to 1,000 tons. Over the period under review, exports, however, recorded a precipitous slump.
In value terms, waxes; artificial, prepared exports soared to $8.4M in 2022. Overall, exports, however, recorded a deep contraction.
| Export of Waxes; Artificial, Prepared in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.2 | 1.7 | 0.7 | 3.3 | 14.5% |
| Sweden | 4.0 | 3.5 | 1.2 | 2.1 | -19.3% |
| Austria | 3.2 | 1.1 | 0.3 | 1.0 | -32.1% |
| Estonia | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Germany | 0.1 | 0.3 | 0.1 | 0.2 | 26.0% |
| Turkey | 0.6 | 0.1 | N/A | 0.1 | -45.0% |
| Spain | 1.4 | 0.5 | N/A | N/A | -64.3% |
| Brazil | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 3.3 | 3.0 | 1.4 | 1.3 | -26.7% |
| Total | 15.2 | 10.9 | 3.7 | 8.4 | -17.9% |
Top Export Markets for Waxes; Artificial, Prepared from Finland in 2022:
- Spain (undefined tons)
- Sweden (361.2 tons)
- Russia (301.9 tons)
- Austria (161.3 tons)
- Germany (85.2 tons)
- Estonia (37.3 tons)
- Turkey (20.1 tons)
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