Finland: Metal Self-Tapping Screw Market 2025

Metal Self-Tapping Screw Market Size in Finland

The Finnish metal self-tapping screw market soared to $X in 2022, growing by 20% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.4% against 2019 indices. Metal self-tapping screw consumption peaked in 2022 and is expected to retain growth in years to come.

Metal Self-Tapping Screw Production in Finland

In value terms, metal self-tapping screw production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 211%. Metal self-tapping screw production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Metal Self-Tapping Screw Exports

Exports from Finland

In 2022, overseas shipments of iron or steel self-tapping screws increased by 0.7% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 24% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, metal self-tapping screw exports rose slightly to $X in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 34%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Sweden (X tons), Estonia (X tons) and Lithuania (X tons) were the main destinations of metal self-tapping screw exports from Finland, together accounting for 65% of total exports. Germany, Latvia, Russia, Norway and Poland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +24.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal self-tapping screw exported from Finland were Sweden ($X), Estonia ($X) and Lithuania ($X), with a combined 63% share of total exports.

Among the main countries of destination, Lithuania, with a CAGR of +27.4%, saw the highest growth rate of 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 metal self-tapping screw export price stood at $X per ton in 2022, growing by 1.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17%. The export price peaked in 2022 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 Latvia ($X per ton), while the average price for exports to Norway ($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 (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Self-Tapping Screw Imports

Imports into Finland

In 2022, the amount of iron or steel self-tapping screws imported into Finland skyrocketed to X tons, picking up by 20% compared with 2021. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, metal self-tapping screw imports skyrocketed to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +47.6% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Taiwan (Chinese) (X tons), Germany (X tons) and Vietnam (X tons) were the main suppliers of metal self-tapping screw imports to Finland, with a combined 74% share of total imports. Japan, China, Sweden, Switzerland, Poland, Norway, Denmark and Italy lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +106.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Japan ($X) constituted the largest metal self-tapping screw suppliers to Finland, with a combined 68% share of total imports. Vietnam, Switzerland, Sweden, Denmark, China, Italy, Poland and Norway lagged somewhat behind, together accounting for a further 22%.

Vietnam, with a CAGR of +73.8%, recorded the highest rates of growth with regard to 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

The average metal self-tapping screw import price stood at $X per ton in 2022, dropping by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2013 an increase of 19% against the previous year. The import price peaked at $X per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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