Finland - Flat-Rolled Products of Iron or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFinland: Flat-Rolled Steel Products Market 2024
Flat-Rolled Steel Products Market Size in Finland
The Finnish flat-rolled steel products market fell notably to $X in 2023, with a decrease of X% against the previous year. Overall, consumption showed a deep setback. Flat-rolled steel products consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.
Flat-Rolled Steel Products Production in Finland
In value terms, flat-rolled steel products production declined dramatically to $X in 2023 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2022 with an increase of X%. Flat-rolled steel products production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Flat-Rolled Steel Products Exports
Exports from Finland
In 2023, overseas shipments of flat-rolled products of iron or non-alloy steel decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, flat-rolled steel products exports contracted remarkably to $X in 2023. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2022, and then fell dramatically in the following year.
Exports by Country
Poland (X tons), Chile (X tons) and Estonia (X tons) were the main destinations of flat-rolled steel products exports from Finland, together comprising X% of total exports. China, Malawi, the UK and Sweden lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Poland ($X) remains the key foreign market for flat-rolled products of iron or non-alloy steel exports from Finland, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Estonia (X% per year).
Export Prices by Country
In 2023, the average flat-rolled steel products export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Flat-Rolled Steel Products Imports
Imports into Finland
In 2023, overseas purchases of flat-rolled products of iron or non-alloy steel decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, flat-rolled steel products imports fell sharply to $X in 2023. In general, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Taiwan (Chinese) (X tons) constituted the largest supplier of flat-rolled steel products to Finland, accounting for a X% share of total imports. Moreover, flat-rolled steel products imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Sweden (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2023, the average annual growth rate of volume from Taiwan (Chinese) amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Sweden (X% per year).
In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of flat-rolled products of iron or non-alloy steel to Finland, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports. It was followed by Germany, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Taiwan (Chinese) totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Germany (X% per year).
Import Prices by Country
The average flat-rolled steel products import price stood at $X per ton in 2023, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate pronounced growth. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the flat-rolled steel products 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 2030.
Product coverage:
- Prodcom 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
- Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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