Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (CIF) - 2022
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,922 per ton in 2022, rising by 9.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 79% against the previous year. As a result, import price reached the peak level of $2,604 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,188 per ton), while the price for Italy ($1,560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (FOB) - 2022
In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $8,077 per ton, growing by 90% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 232% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($27,902 per ton), while the average price for exports to Estonia ($2,432 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 Norway (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland
Imports of tubes, pipes and hollow profiles, of cast iron into Finland skyrocketed to 4.1K tons in 2022, with an increase of 57% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $7.8M in 2022. In general, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.3 | 2.2 | 2.8 | 3.8 | 4.8% |
| Germany | 3.2 | 2.3 | 1.1 | 2.5 | -7.9% |
| Spain | N/A | 0.5 | N/A | 0.6 | 9.5% |
| Italy | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Austria | 0.3 | 0.6 | 0.3 | 0.2 | -12.6% |
| Others | 0.4 | 0.4 | 0.3 | 0.6 | 14.5% |
| Total | 7.2 | 6.1 | 4.6 | 7.8 | 2.7% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Finland in 2022:
- France (2151.1 tons)
- Germany (1314.4 tons)
- Spain (337.5 tons)
- Italy (104.3 tons)
- Austria (95.7 tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland
In 2022, shipments abroad of tubes, pipes and hollow profiles, of cast iron decreased by -82.9% to 2.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 181%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron reduced markedly to $19K in 2022. Overall, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 71% against the previous year. As a result, the exports reached the peak of $88K, and then fell significantly in the following year.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 0.7 | 14.1 | 5.8 | 10.5% |
| Estonia | 1.9 | 13.0 | 19.7 | 3.5 | 22.6% |
| Lithuania | N/A | N/A | N/A | 3.5 | 0% |
| United Kingdom | N/A | N/A | 2.5 | 1.7 | -32.0% |
| Netherlands | 5.0 | 0.5 | 0.3 | 1.2 | -37.9% |
| Kazakhstan | N/A | N/A | 12.1 | 1.1 | -90.9% |
| Norway | 6.7 | 0.1 | 0.5 | 1.0 | -47.0% |
| El Salvador | N/A | N/A | N/A | 0.3 | 0% |
| Sweden | 4.6 | 10.5 | N/A | 0.1 | -72.1% |
| Russia | 1.3 | 13.1 | 1.3 | N/A | 0.0% |
| Switzerland | N/A | 11.1 | N/A | N/A | 0% |
| Others | 9.6 | 2.3 | 37.1 | 0.4 | -65.3% |
| Total | 33.5 | 51.2 | 87.6 | 18.7 | -17.7% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Finland in 2022:
- Estonia (1434.0 kg)
- Lithuania (308.0 kg)
- United States (290.0 kg)
- Netherlands (91.0 kg)
- United Kingdom (61.0 kg)
- El Salvador (47.0 kg)
- Norway (41.0 kg)
- Kazakhstan (25.0 kg)
- Sweden (14.0 kg)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Finland.
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in Finland.
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