FerroAlloys Market Overview in Finland
In value terms, ferroalloys production totaled $ in 2019 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.
The revenue of the ferroalloys market in Finland declined dramatically to $ in 2019, with a decrease of -% 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). Overall, consumption showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.