Finland: Non-Alloy Steel H-Sections Market 2025

Non-Alloy Steel H-Sections Market Size in Finland

For the third year in a row, the Finnish non-alloy steel h-sections market recorded growth in sales value, which increased by 43% to $X in 2022. In general, consumption showed notable growth. Non-alloy steel h-sections consumption peaked in 2022 and is likely to see gradual growth in the near future.

Non-Alloy Steel H-Sections Exports

Exports from Finland

In 2022, non-alloy steel h-sections exports from Finland rose slightly to X tons, growing by 4.2% on the year before. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,416% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-alloy steel h-sections exports rose sharply to $X in 2022. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,523% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Estonia (X tons) was the main destination for non-alloy steel h-sections exports from Finland, with a 46% share of total exports. Moreover, non-alloy steel h-sections exports to Estonia exceeded the volume sent to the second major destination, Latvia (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia amounted to +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+84.5% per year) and Poland (0.0% per year).

In value terms, the largest markets for non-alloy steel h-sections exported from Finland were Estonia ($X), Latvia ($X) and Poland ($X), together comprising 71% of total exports. Ukraine, Sweden, Lithuania and Belgium lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Lithuania, with a CAGR of +148.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-alloy steel h-sections export price stood at $X per ton in 2022, growing by 8.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 13%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Lithuania ($X 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 Latvia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Steel H-Sections Imports

Imports into Finland

In 2022, overseas purchases of h-sections of of non-alloy steel increased by 42% to X tons, rising for the third year in a row after three years of decline. In general, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-alloy steel h-sections imports soared to $X in 2022. Overall, imports saw a notable expansion. The pace of growth was the most pronounced in 2021 when imports increased by 71%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Luxembourg (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of non-alloy steel h-sections imports to Finland, together accounting for 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +9.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest non-alloy steel h-sections suppliers to Finland were Luxembourg ($X), Germany ($X) and Poland ($X), together accounting for 98% of total imports.

Poland, with a CAGR of +10.4%, recorded the highest growth rate of the value of imports, among 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 2022, the average non-alloy steel h-sections import price amounted to $X per ton, standing approx. at the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel h-sections import price increased by +54.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($X per ton) and Luxembourg ($X per ton), while the price for Germany ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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