Finland: Refined Lead Market 2024

Refined Lead Market Size in Finland

In 2022, the Finnish refined lead market increased by 18% to $X, rising for the third consecutive year after two years of decline. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +44.7% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Refined Lead Production in Finland

In value terms, refined lead production reached $X in 2022 estimated in export price. In general, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.0% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 61%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Refined Lead Exports

Exports from Finland

In 2021, overseas shipments of refined lead (unwrought) decreased by -90.2% to X kg, falling for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2014 when exports increased by 17,833% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, refined lead exports contracted significantly to $X in 2021. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 when exports increased by 15,511% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X kg) was the main destination for refined lead exports from Finland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway stood at -21.4%.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to -14.8%.

Export Prices by Country

The average refined lead export price stood at $X per ton in 2021, rising by 21% against the previous year. Overall, the export price recorded a measured increase. The pace of growth was the most pronounced in 2020 an increase of 78% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +8.3% per year.

Refined Lead Imports

Imports into Finland

For the third consecutive year, Finland recorded growth in overseas purchases of refined lead (unwrought), which increased by 111% to X tons in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 833%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, refined lead imports skyrocketed to $X in 2022. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 516% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the UK (X tons) was the main supplier of refined lead to Finland, accounting for a 93% share of total imports. Moreover, refined lead imports from the UK exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold. The third position in this ranking was taken by Sweden (X tons), with a 0.9% share.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +84.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+59.6% per year) and Sweden (-18.5% per year).

In value terms, the UK ($X) constituted the largest supplier of refined lead (unwrought) to Finland, comprising 82% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 16% share of total imports. It was followed by Sweden, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +57.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+60.7% per year) and Sweden (-20.5% per year).

Import Prices by Country

In 2022, the average refined lead import price amounted to $X per ton, with a decrease of -9.7% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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