Finland: Sheet Piling Market 2024

Sheet Piling Market Size in Finland

The Finnish sheet piling market fell rapidly to $X in 2021, which is down by -28.4% against the previous year. In general, consumption, however, recorded notable growth. Sheet piling consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Sheet Piling Production in Finland

In value terms, sheet piling production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Sheet Piling Exports

Exports from Finland

In 2021, approx. X tons of sheet piling, shapes and sections (of iron or steel) were exported from Finland; with an increase of 224% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 486% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, sheet piling exports skyrocketed to $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 521%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Sweden (X tons) was the main destination for sheet piling exports from Finland, accounting for a 88% share of total exports. It was followed by Germany (X tons), with a 2.4% share of total exports. The third position in this ranking was held by Poland (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+209.4% per year) and Poland (+243.4% per year).

In value terms, Sweden ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Finland, comprising 71% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.3% share of total exports. It was followed by the Netherlands, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +47.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+154.7% per year) and the Netherlands (+30.6% per year).

Export Prices by Country

The average sheet piling export price stood at $X per ton in 2021, which is down by -28% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25%. As a result, the export price reached the peak level of $X per ton, and then contracted notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Sheet Piling Imports

Imports into Finland

In 2021, the amount of sheet piling, shapes and sections (of iron or steel) imported into Finland reduced sharply to X tons, declining by -24% on the previous year's figure. In general, imports, however, saw a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of 92%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, sheet piling imports contracted to $X in 2021. Over the period under review, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 87% against the previous year. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

Luxembourg (X tons), the Czech Republic (X tons) and the Netherlands (X tons) were the main suppliers of sheet piling imports to Finland, together comprising 63% of total imports. Estonia, Germany and Poland lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +18.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling suppliers to Finland were Estonia ($X), Luxembourg ($X) and Poland ($X), with a combined 58% share of total imports.

Poland, with a CAGR of +20.5%, recorded the highest rates of growth with regard to 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 sheet piling import price amounted to $X per ton, rising by 15% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 47%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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