Finland: Gold Ore Market 2020

Gold Ore Market Size in Finland

The revenue of the gold ore market in Finland amounted to $X in 2017, coming down by -X% against the previous year. In general, gold ore consumption continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2013, when market value increased by X% y-o-y. In that year, the gold ore market attained their peak level of $X. From 2014 to 2017, growth of the gold ore market failed to regain its momentum.

Gold Ore Production in Finland

Gold ore production in Finland amounted to X tons in 2017, growing by X% against the previous year. Overall, gold ore production continues to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the gold ore production reached their peak volume, and is likely to continue its growth in the immediate term.

Gold Ore Exports from Finland

In 2017, gold ore exports from Finland stood at X tons, coming up by X% against the previous year. In general, gold ore exports continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2017, when exports increased by X% year-to-year. In that year, the gold ore exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, gold ore exports totaled $X in 2017. In general, the total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gold ore exports increased by +X% against 2007 indices. In that year, the gold ore exports reached their peak level, and are likely to continue its growth in the immediate term.

Gold Ore Exports by Country from Finland

In 2017, Australia (X tons) was the major exporter for gold ores and concentrates, creating X% of total exports. Russia (X tons) ranks second in terms of the global exports with a X% share, followed by Turkey (X%) and Tanzania (X%). The following exporters - Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Finland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Finland, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Finland

The gold ore export price in Finland stood at $X per ton in 2017, reducing by -X% against the previous year. In general, gold ore export price continues to indicate a precipitous drop. The most prominent rate of growth was recorded in 2012, when it surged by -X% against the previous year. Over the period under review, the export prices for gold ores and concentrates attained its maximum level of $X thousand per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Finland

Gold ore imports into Finland amounted to X kg in 2017, going up by X% against the previous year. Overall, gold ore imports continue to indicate a measured growth. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the gold ore imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, gold ore imports stood at $X in 2017. Overall, the total imports indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gold ore imports increased by +X% against 2015 indices. Finland imports peaked in 2017, and are likely to see steady growth in the immediate term.

Gold Ore Imports by Country into Finland

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) represented the major importers of gold ores and concentrates, together creating X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) took the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Finland, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Finland

In 2017, the gold ore import price in Finland amounted to $X per kg, waning by -X% against the previous year. Overall, gold ore import price continues to indicate a relatively flat trend pattern. Finland import price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform