Finland: Agglomerated Powder Rod Market 2025

Agglomerated Powder Rod Market Size in Finland

The Finnish agglomerated powder rod market soared to $X in 2021, rising by 115% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Agglomerated Powder Rod Exports

Exports from Finland

In 2021, approx. X tons of base metal wire and rods of agglomerated base powder were exported from Finland; with an increase of 15% against the previous year. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 353%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, agglomerated powder rod exports totaled $X in 2021. In general, exports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 266%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X tons), India (X tons) and China (X tons) were the main destinations of agglomerated powder rod exports from Finland, together comprising 75% of total exports. These countries were followed by Latvia, Uruguay, Sweden and Russia, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay (with a CAGR of +118.9%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for base metal wire and rods of agglomerated base powder exports from Finland, comprising 62% of total exports. The second position in the ranking was taken by China ($X), with a 24% share of total exports. It was followed by Estonia, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to India amounted to +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-2.0% per year) and Estonia (+12.0% per year).

Export Prices by Country

The average agglomerated powder rod export price stood at $X per ton in 2021, which is down by -3.7% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 199%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Agglomerated Powder Rod Imports

Imports into Finland

In 2021, approx. X tons of base metal wire and rods of agglomerated base powder were imported into Finland; with an increase of 127% compared with the previous year's figure. In general, imports, however, faced a deep setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, agglomerated powder rod imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 162% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Vietnam (X tons) were the main suppliers of agglomerated powder rod imports to Finland, with a combined 72% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +11,026.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest agglomerated powder rod suppliers to Finland were Poland ($X), the UK ($X) and Sweden ($X), with a combined 41% share of total imports. These countries were followed by Germany, China, Vietnam, the Netherlands and Italy, which together accounted for a further 23%.

Vietnam, with a CAGR of +1,365.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average agglomerated powder rod import price amounted to $X per ton, dropping by -17.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agglomerated powder rod import price increased by +13.0% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 75% against the previous year. The import price peaked at $X per ton in 2020, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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