Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland (FOB) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland (CIF) - 2023
3. Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland
4. Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width 600mm or mores stood at $1,445 per ton in 2022, rising by 19% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 alloy steel flat-rolled products, of a width 600mm or mores increased by +57.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 32%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($1,677 per ton) and Turkey ($1,655 per ton), while the average price for exports to Spain ($1,269 per ton) and Sweden ($1,309 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland (CIF) - 2023

In December 2023, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,908 per ton, with an increase of 7.9% against the previous month. In general, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 223% against the previous month. The import price peaked at $10,405 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($5,766 per ton), while the price for the Netherlands ($1,028 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland

Exports of alloy steel flat-rolled products, of a width 600mm or mores from Finland reduced markedly to 581K tons in 2022, waning by -18.2% against the year before. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 +21.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of 710K tons, and then reduced notably in the following year.

In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores dropped modestly to $839M in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year. As a result, the exports reached the peak of $859M, and then contracted modestly in the following year.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Finland in 2022:

1. Sweden (170.9K tons)
2. Germany (55.6K tons)
3. Italy (55.0K tons)
4. Poland (46.6K tons)
5. Spain (31.1K tons)
6. United States (22.7K tons)
7. Turkey (21.9K tons)
8. Estonia (19.7K tons)
9. United Kingdom (17.7K tons)
10. Denmark (16.7K tons)
11. France (12.5K tons)
12. Czech Republic (11.7K tons)
13. Australia (11.1K tons)

Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Finland

In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Finland surged to 53K tons, with an increase of 24% compared with 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores soared to $122M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Finland in 2022:

1. Russia (17.5K tons)
2. Sweden (14.8K tons)
3. Germany (6.9K tons)
4. China (4.1K tons)
5. Austria (2.3K tons)
6. Netherlands (2.1K tons)
7. South Korea (1.5K tons)
8. Belgium (0.2K tons)

Source: IndexBox Market Intelligence Platform