Finland: Metal Crown Cork Market 2025

Metal Crown Cork Market Size in Finland

The Finnish metal crown cork market shrank markedly to $X in 2022, dropping by -95.3% against the previous year. Overall, consumption faced a precipitous curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Crown Cork Production in Finland

In value terms, metal crown cork production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Metal Crown Cork Exports

Exports from Finland

In 2022, overseas shipments of iron or steel crown corks increased by 23% to X units, rising for the third year in a row after three years of decline. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal crown cork exports soared to $X in 2022. In general, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for metal crown cork exports from Finland, accounting for a 52% share of total exports. Moreover, metal crown cork exports to Sweden exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was taken by Belgium (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+66.4% per year) and Belgium (+16.3% per year).

In value terms, Sweden ($X), Russia ($X) and Belgium ($X) appeared to be the largest markets for metal crown cork exported from Finland worldwide, together comprising 68% of total exports.

In terms of the main countries of destination, Russia, with a CAGR of +165.0%, 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

In 2022, the average metal crown cork export price amounted to $X per thousand units, increasing by 27% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal crown cork export price increased by +78.7% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per thousand units), while the average price for exports to Sweden ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Crown Cork Imports

Imports into Finland

In 2022, overseas purchases of iron or steel crown corks increased by 2.7% to X units, rising for the second year in a row after five years of decline. Over the period under review, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 66% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, metal crown cork imports stood at $X in 2022. Overall, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 37%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Poland (X units) and Spain (X units) were the main suppliers of metal crown cork imports to Finland, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +7.6%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X), Poland ($X) and Spain ($X) constituted the largest metal crown cork suppliers to Finland, together comprising 92% of total imports.

Spain, with a CAGR of +9.6%, 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 a decline.

Import Prices by Country

In 2022, the average metal crown cork import price amounted to $X per thousand units, surging by 1.9% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29%. The import price peaked at $X per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per thousand units), while the price for Germany ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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