Market research

Iron or steel household articles market in Finland

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2024, the Finnish market for iron or steel household articles showed considerable fluctuation, with its value rising from USD 32.5 million to USD 49.9 million. After a 4.4% increase in 2019, the market contracted by 18.5% in 2020. It then rebounded strongly with growth of 22.5% in 2021 and 23.6% in 2022, before a minor 3.5% decline in 2023.

The market volume jumped by 23.4% to USD 49.9 million in 2024. This growth was propelled by retailer K-Rauta refreshing its Cello kitchen line and slashing recommended prices by over 30%, which boosted consumer affordability. Concurrently, a rise in the value of new industrial orders, particularly in metal processing, signaled heightened production activity and investment in the sector.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. In kind, 2018-2024, t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production iron or steel household articles in Finland

In value, 2017-2020, K $ US

Finland's production of iron or steel household articles declined for the second year in a row. In 2020, output was valued at 7 072 thousand US dollars, representing a sharp drop of 33.7% compared to 2019. Over the period from 2017 to 2020, production decreased by 24.2%, with an average annual decline of 8.8%. The highest value was recorded in 2018 at 10 816 thousand US dollars, which also saw the largest increase of 16.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.0%	(1.3%)	(33.7%)	(8.8%)

Source: SHEV.io

In kind, 2017-2020, t

In 2020, Finland produced 567.1 tonnes of iron or steel household articles, marking a significant increase of 22.5% compared to 2019. From 2017 to 2020, production grew by 18.3%, equivalent to an average annual rate of 5.8%. The lowest volume was recorded in 2019 at 462.9 tonnes, which also experienced the largest decline of 3.4%.

Annual dynamics of production in Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(3.4%)	22.5%	-

Source: SHEV.io

Exports iron or steel household articles from Finland

Exports in kind, t

The market exhibited volatility during these years. Import levels fluctuated significantly, with a 21-fold difference between the high in 2017 and the low in 2019. In 2020, Finland exported 997 tonnes of iron or steel household articles, up by 1,969.9% compared to the previous year. The minimum value was recorded in 2019 at 48 tonnes, which also saw the largest decline of 94.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.9%)	(94.8%)	1 969.9%	(1.0%)

Source: SHEV.io

From 2017 to 2020, three main markets—Sweden, Estonia, and Norway—together accounted for 65.9% of Finland's total exports of iron or steel household articles in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year decline, Finland's exports of iron or steel household articles increased. In 2020, exports amounted to 12 391 thousand US dollars, up by 29.6% compared to the previous year. Between 2017 and 2020, exports grew by 3.1%, equivalent to an average annual rate of 1.0%. The lowest value was recorded in 2019 at 9 557 thousand US dollars, while the largest decline occurred in 2018 at 13.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.0%)	(8.6%)	29.6%	1.0%

Source: SHEV.io

From 2017 to 2020, Sweden (34.1% of exports in value terms), Estonia (12.4%), and Norway (11.8%) were the largest buyers of iron or steel household articles from Finland, together forming 58.3% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports iron or steel household articles to Finland

Imports in kind, t

The market showed volatility over the observed period. Import levels varied widely, with a 34-fold difference between the peak in 2020 and the trough in 2019. In 2020, Finland imported a total of 142 tonnes of iron or steel household articles, showing an abrupt rise of 3,265.5% year-over-year. The minimum value was recorded in 2019 at 142 tonnes, which also experienced the largest decline of 96.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.9%	(96.8%)	3 265.5%	2.3%

Source: SHEV.io

Over 2017–2020, China (61.3% of imports in volume terms), Poland (7.5%), and Italy (4.8%) remained the leading sources in Finland's import structure for iron or steel household articles, with a combined share of 73.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Finland's imports of iron or steel household articles increased for the third consecutive year. In 2020, imports totaled 32 992 thousand US dollars, remaining stable compared to 2019. Over the period from 2017 to 2020, imports grew by 8.1%, with an average annual increase of 2.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.4%	2.1%	0.4%	2.6%

Source: SHEV.io

From 2017 to 2020, China (53.2% of imports in value terms), Sweden (6.4%), and Vietnam (5.4%) together absorbed 65.0% of Finland's total imports of iron or steel household articles in value terms, making them the main sources.

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

Source: SHEV.io

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

Source: SHEV.io