Pig Iron Market Overview in Finland
In value terms, pig iron production expanded rapidly to $ in 2019 estimated in export prices. In general, production continues to indicate a precipitous descent. The pace of growth was the most pronounced in 2011 with an increase of % year-to-year. Pig iron production peaked at $ in 2008; however, from 2009 to 2019, production remained at a lower figure.
The size of the pig iron market in Finland dropped notably to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a deep reduction. The growth pace was the most rapid in 2011 with an increase of % year-to-year. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.