Copper screws, bolts and nuts market in Finland

Earlier Report Observations

The available trade data from 2018 to 2021 shows considerable year-to-year variation in imports and exports of copper screws, bolts and nuts. Imports fell from 119 t in 2018 to just 10 t in 2019, then recovered to 150 t by 2021. Exports mirrored this volatility, declining from 61 t to 4 t in 2019 before reaching 60 t in 2021.

Starting in 2022, recorded domestic production began at 1 133 t and climbed rapidly to 1 717 t in 2023 and then to 3 048 t in 2024. This surge in output propelled the total market volume, which grew from 1 346 t in 2022 to 1 818 t in 2023 and finally to 3 110 t in 2024.

The period from 2022 to 2024 was characterized by strong market expansion, with the supply side dominated by a steep increase in local production, while import volumes trended downward after a peak in 2022.

Production copper screws, bolts and nuts in Finland

In value, 2017-2020, K $ US

After two consecutive years of decline, Finland's production of copper screws, bolts and nuts rebounded in 2020. Output was valued at 933.8 K $ US, representing a 15.7% increase compared to the previous year. Looking at the broader period from 2017 to 2020, production decreased by 6.6%, which translates to an average annual decline of 2.2%. The lowest production value was recorded in 2019 at 807.1 K $ US, when output fell by 13.3%—the steepest drop observed during this timeframe.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Exports copper screws, bolts and nuts from Finland

Exports in kind, t

Export volumes of copper screws, bolts and nuts from Finland showed significant volatility between 2017 and 2020. The lowest point occurred in 2019 with just 3.8 tonnes, marking a 93.9% decline—the largest decrease in the period. By 2020, exports surged to 67.5 tonnes, a remarkable year-over-year increase of 1,690.3%. Overall, exports varied dramatically, with an 18-fold difference between the 2019 low and the 2020 peak.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, Estonia and Sweden consistently dominated Finland's export markets for copper screws, bolts and nuts in volume terms. Together, these two countries accounted for 82.7% of total export flows, while other trading partners played a more limited role.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

In 2020, Finland's exports of copper screws, bolts and nuts in value terms reached 1 907 K $ US, reflecting a moderate 8.7% year-over-year gain. Over the 2017–2020 period, exports grew by 7.4%, averaging 2.4% annually. The lowest export value was recorded in 2019 at 1 754 K $ US, when exports fell by 11.7%. In contrast, 2018 saw the highest value at 1 986 K $ US, with an 11.8% increase—the largest rise during these years.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Throughout 2017–2020, Estonia, Sweden, and Poland formed the core of Finland's export markets for copper screws, bolts and nuts in value terms. Estonia led with 56.8% of exports, followed by Sweden at 22.1% and Poland at 10.8%. Together, these three countries accounted for 89.6% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports copper screws, bolts and nuts to Finland

Imports in kind, t

Import volumes of copper screws, bolts and nuts into Finland experienced sharp fluctuations from 2017 to 2020, indicating a volatile market. The lowest volume was recorded in 2019 at 10.0 tonnes, representing a 91.6% decline—the largest drop in the period. By 2020, imports jumped to 127.5 tonnes, a dramatic 1,169.7% increase compared to the previous year. This resulted in a 12.7-fold gap between the 2019 low and the 2020 peak.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

Between 2017 and 2020, Germany, China, and India were the primary sources for Finland's imports of copper screws, bolts and nuts in volume terms. Together, these three markets supplied 73.4% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of copper screws, bolts and nuts in value terms declined for the third consecutive year in 2020, totaling 1 518 K $ US—a 2.5% decrease compared to 2019. Over the 2017–2020 period, imports fell by 30.9%, with an average annual decline of 11.6%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

From 2017 to 2020, Germany, China, and India were the main suppliers of copper screws, bolts and nuts to Finland in value terms. Germany accounted for 38.5% of imports, China for 28.0%, and India for 7.4%. Collectively, these three countries comprised 73.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020