Report Update Nov 1, 2024

Finland - Rolls for Rolling Mills - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Finland

For the third consecutive year, the Finnish mill rolling roll market recorded decline in sales value, which decreased by -56.9% to $X in 2022. In general, consumption continues to indicate a abrupt setback. Mill rolling roll consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Production in Finland

In value terms, mill rolling roll production shrank dramatically to $X in 2022 estimated in export price. Overall, production, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by 10,388,351,600%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Finland

In 2022, the amount of rolls for rolling mills exported from Finland skyrocketed to X units, jumping by 890% compared with the previous year's figure. Overall, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 101,860%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, mill rolling roll exports skyrocketed to $X in 2022. Over the period under review, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 1,173,067% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X units), China (X units) and Russia (X units) were the main destinations of mill rolling roll exports from Finland, with a combined 92% share of total exports. Japan and the UK lagged somewhat behind, together accounting for a further 6.6%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for mill rolling roll exported from Finland were Canada ($X), China ($X) and Russia ($X), with a combined 96% share of total exports. Japan and the UK lagged somewhat behind, together comprising a further 4.1%.

Japan, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average mill rolling roll export price amounted to $X per unit, declining by -33.2% against the previous year. Overall, the export price recorded a abrupt decline. The growth pace was the most rapid in 2021 an increase of 26,547%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.3%), while the prices for the other major destinations experienced a decline.

Mill Rolling Roll Imports

Imports into Finland

Mill rolling roll imports into Finland amounted to less than X units in 2022, standing approx. at the previous year. Overall, imports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2019. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, mill rolling roll imports shrank to $X in 2022. In general, imports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 66% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rolls for rolling mills in the world?

The countries with the highest volumes of in 2021 were Italy, China and South Africa, together accounting for 30% of global consumption.

What are the largest producers of rolls for rolling mills in the world?

The country with the largest volume of mill rolling roll production was China, accounting for 33% of total volume. Moreover, mill rolling roll production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by Italy, with an 11% share.

What are the leading suppliers of rolls for rolling mills to Finland?

In value terms, Sweden, Austria and Germany were the largest mill rolling roll suppliers to Finland, together comprising 62% of total imports.

What are the leading importers of rolls for rolling mills from Finland?

In value terms, Slovenia emerged as the key foreign market for mill rolling roll exports from Finland, comprising 100% of total exports. The second position in the ranking was occupied by Latvia $5), with a 0% share of total exports.

What is the average export price for rolls for rolling mills in Finland?

The average mill rolling roll export price stood at $6,482 per unit in 2021, shrinking by -5% against the previous year.

What is the average import price for rolls for rolling mills in Finland?

The average mill rolling roll import price stood at $1,500 per unit in 2021, with an increase of 6.5% against the previous year.

This report provides an in-depth analysis of the mill rolling roll market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28911250 - Rolls for rolling mills

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023