Finland: Hot-Dipped Metal-Coated Sheet Market 2025

Hot-Dipped Metal-Coated Sheet Market Size in Finland

The Finnish hot-dipped metal-coated sheet market expanded notably to $X in 2021, with an increase of 12% against the previous year. In general, consumption, however, saw a significant expansion. Hot-dipped metal-coated sheet consumption peaked in 2021 and is expected to retain growth in the immediate term.

Hot-Dipped Metal-Coated Sheet Production in Finland

In value terms, hot-dipped metal-coated sheet production surged to $X in 2021 estimated in export price. In general, production, however, posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of 126%. Over the period under review, production attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Finland

In 2021, shipments abroad of hot-dipped metal-coated sheet increased by 21% to X tons, rising for the sixth consecutive year after three years of decline. Over the period under review, exports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 113%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet exports surged to $X in 2021. Overall, exports saw a mild expansion. The pace of growth was the most pronounced in 2016 when exports increased by 122%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Sweden (X tons) was the main destination for hot-dipped metal-coated sheet exports from Finland, with a 51% share of total exports. Moreover, hot-dipped metal-coated sheet exports to Sweden exceeded the volume sent to the second major destination, Spain (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+5.8% per year) and Germany (-4.0% per year).

In value terms, Sweden ($X) remains the key foreign market for hot-dipped metal-coated sheet exports from Finland, comprising 56% of total exports. The second position in the ranking was taken by Spain ($X), with a 9% share of total exports. It was followed by Germany, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.4% per year) and Germany (-3.0% per year).

Export Prices by Country

In 2021, the average hot-dipped metal-coated sheet export price amounted to $X per ton, jumping by 46% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Sweden ($X per ton) and Denmark ($X per ton), while the average price for exports to Germany ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Finland

In 2021, hot-dipped metal-coated sheet imports into Finland totaled X tons, picking up by 6.3% compared with 2020 figures. Overall, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.2% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 31% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet imports surged to $X in 2021. Over the period under review, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Russia (X tons) and Luxembourg (X tons) were the main suppliers of hot-dipped metal-coated sheet imports to Finland, together comprising 70% of total imports. These countries were followed by Estonia, Turkey, Sweden, Germany, Belgium, South Korea and China, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +104.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Netherlands ($X) and Luxembourg ($X) constituted the largest hot-dipped metal-coated sheet suppliers to Finland, with a combined 66% share of total imports. These countries were followed by Estonia, Turkey, Sweden, Germany, Belgium, South Korea and China, which together accounted for a further 28%.

Turkey, with a CAGR of +139.1%, saw 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 2021, the average hot-dipped metal-coated sheet import price amounted to $X per ton, surging by 64% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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