Finland - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Alloy Wire Price in Finland - 2023
Contents:
- Aluminium Alloy Wire Price in Finland (CIF) - 2023
- Aluminium Alloy Wire Price in Finland (FOB) - 2022
- Aluminium Alloy Wire Imports in Finland
- Aluminium Alloy Wire Exports in Finland
Aluminium Alloy Wire Price in Finland (CIF) - 2023
The average aluminium alloy wire import price stood at $3,365 per ton in May 2023, waning by -3.4% against the previous month. Overall, the import price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in February 2023 an increase of 13% against the previous month. The import price peaked at $3,813 per ton in May 2022; however, from June 2022 to May 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($5,650 per ton), while the price for Italy stood at $3,218 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Alloy Wire Price in Finland (FOB) - 2022
The average aluminium alloy wire export price stood at $3,696 per ton in 2022, declining by -2.6% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium alloy wire export price increased by +66.4% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices hit record highs at $3,794 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($3,305 per ton), while the average price for exports to Sweden stood at $1,454 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2.8%).
Aluminium Alloy Wire Imports in Finland
In 2022, imports of aluminium alloy wire into Finland skyrocketed to 9.6K tons, growing by 143% compared with the year before. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 206%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, aluminium alloy wire imports skyrocketed to $32M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 247%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Aluminium Alloy Wire in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 1.0 | 0.7 | 5.8 | 9.1 | 108.8% |
Norway | 0.2 | N/A | 0.7 | 8.5 | 249.0% |
Netherlands | 0.1 | N/A | 0.6 | 7.0 | 312.1% |
Oman | N/A | N/A | N/A | 5.3 | 0% |
Spain | 0.5 | 0.6 | 1.0 | 1.4 | 40.9% |
Russia | 0.6 | 0.3 | 1.3 | 0.3 | -20.6% |
Italy | 0.7 | 0.3 | 0.6 | 0.2 | -34.1% |
Iceland | 0.9 | 0.7 | 1.6 | N/A | 33.3% |
Poland | 0.5 | 0.5 | 0.3 | N/A | -22.5% |
Others | 0.5 | 0.5 | 0.6 | 0.8 | 17.0% |
Total | 5.0 | 3.6 | 12.6 | 32.5 | 86.6% |
Top Suppliers of Aluminium Alloy Wire to Finland in 2022:
- Poland (undefinedK tons)
- Norway (3.2K tons)
- Netherlands (2.6K tons)
- Switzerland (2.0K tons)
- Oman (1.3K tons)
- Spain (0.2K tons)
- Italy (0.1K tons)
- Russia (0.1K tons)
Aluminium Alloy Wire Exports in Finland
In 2022, approx. 26 tons of aluminium alloy wire were exported from Finland; shrinking by -8.2% compared with the previous year's figure. Overall, exports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 332%.
In value terms, aluminium alloy wire exports dropped to $96K in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 382%.
Export of Aluminium Alloy Wire in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 2.2 | 17.2 | 1.1 | 85.2 | 238.3% |
Sweden | 112 | N/A | 105 | N/A | -3.2% |
Others | 1.2 | 5.0 | 1.0 | 10.7 | 107.4% |
Total | 115 | 22.2 | 107 | 95.9 | -5.9% |
Top Export Markets for Aluminium Alloy Wire from Finland in 2022:
- Sweden (undefined tons)
- Estonia (25.8 tons)
This report provides an in-depth analysis of the aluminium alloy wire 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 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
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
-
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
This report provides an in-depth analysis of the aluminium alloy wire market in Finland.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the non-alloy aluminium wire market in Finland.
This report provides an in-depth analysis of the aluminium alloy wire market in Finland.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
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