Finland - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Finland - 2023
Contents:
- Safety Valve Price in Finland (CIF) - 2022
- Safety Valve Price in Finland (FOB) - 2023
- Safety Valve Imports in Finland
- Safety Valve Exports in Finland
Safety Valve Price in Finland (CIF) - 2022
The average safety valve import price stood at $59,830 per ton in 2022, which is down by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $64,812 per ton in 2020; however, from 2021 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 Switzerland ($230,463 per ton), while the price for Belgium ($20,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Valve Price in Finland (FOB) - 2023
The average safety valve export price stood at $147K per ton in August 2023, growing by 28% against the previous month. Overall, export price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, safety valve export price increased by +27.7% against July 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 126% against the previous month. Over the period under review, the average export prices hit record highs at $164K per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Chile ($514K per ton), while the average price for exports to Cuba ($23,022 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Safety Valve Imports in Finland
In 2022, approx. 482 tons of safety or relief valves for pipes, boiler shells, tanks and vats were imported into Finland; increasing by 31% against the year before. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safety valve imports skyrocketed to $29M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Safety Valve in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.2 | 8.9 | 11.5 | 11.6 | 17.2% |
Switzerland | 1.3 | 2.4 | 1.7 | 2.3 | 20.9% |
Italy | 1.5 | 1.5 | 1.4 | 2.0 | 10.1% |
Austria | 1.1 | 1.4 | 1.8 | 1.8 | 17.8% |
United States | 1.5 | 1.2 | 1.1 | 1.6 | 2.2% |
France | 0.5 | 0.7 | 0.4 | 1.2 | 33.9% |
United Kingdom | 2.6 | 1.1 | 0.8 | 1.1 | -24.9% |
Netherlands | 0.7 | 0.6 | 0.6 | 0.9 | 8.7% |
Belgium | 0.8 | 0.4 | 0.8 | 0.7 | -4.4% |
Spain | 0.7 | 0.7 | 0.6 | 0.7 | 0.0% |
Sweden | 0.7 | 0.7 | 1.1 | 0.6 | -5.0% |
China | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
Others | 1.2 | 1.5 | 1.8 | 4.0 | 49.4% |
Total | 20.4 | 21.3 | 23.6 | 28.8 | 12.2% |
Top Suppliers of Safety Valve to Finland in 2022:
- Germany (151.9 tons)
- Italy (41.6 tons)
- Austria (38.0 tons)
- Belgium (35.0 tons)
- Spain (21.9 tons)
- Netherlands (20.4 tons)
- France (15.0 tons)
- United Kingdom (14.2 tons)
- China (13.6 tons)
- Sweden (10.7 tons)
- Switzerland (9.9 tons)
- United States (7.6 tons)
Safety Valve Exports in Finland
Safety valve exports from Finland contracted dramatically to 41 tons in 2022, with a decrease of -19.9% compared with 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 99% against the previous year. As a result, the exports reached the peak of 52 tons, and then shrank remarkably in the following year.
In value terms, safety valve exports declined to $4.5M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports attained the peak of $4.9M, and then dropped in the following year.
Export of Safety Valve in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 34.9 | 47.1 | 349 | 909 | 196.4% |
Netherlands | 298 | 311 | 218 | 572 | 24.3% |
United States | 346 | 287 | 441 | 397 | 4.7% |
Poland | 142 | 104 | 83.5 | 291 | 27.0% |
China | 140 | 264 | 147 | 265 | 23.7% |
Chile | 156 | 65.4 | 87.8 | 186 | 6.0% |
Russia | 601 | 687 | 495 | 127 | -40.4% |
Saudi Arabia | 9.5 | 13.8 | 130 | 101 | 119.9% |
Norway | 169 | 94.6 | 81.0 | 99.6 | -16.2% |
Germany | 94.2 | 81.3 | 181 | 85.7 | -3.1% |
Estonia | 129 | 161 | 124 | 75.9 | -16.2% |
India | 41.6 | 35.4 | 15.3 | 55.8 | 10.3% |
Sri Lanka | N/A | 1.5 | 0.1 | 52.9 | 493.9% |
Others | 987 | 971 | 2,539 | 1,311 | 9.9% |
Total | 3,148 | 3,124 | 4,891 | 4,529 | 12.9% |
Top Export Markets for Safety Valve from Finland in 2022:
- Netherlands (4.1 tons)
- United Kingdom (3.3 tons)
- Norway (2.3 tons)
- Poland (2.1 tons)
- United States (1.9 tons)
- Chile (1.7 tons)
- Russia (1.4 tons)
- China (1.2 tons)
- India (1.0 tons)
- Saudi Arabia (0.9 tons)
- Estonia (0.9 tons)
- Germany (0.9 tons)
- Sri Lanka (0.8 tons)
This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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