Finland - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Centrifuges - Market Analysis, Forecast, Size, Trends And Insights

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Centrifuges Price in Finland - 2023

Contents:

  1. Centrifuges Price in Finland (FOB) - 2023
  2. Centrifuges Price in Finland (CIF) - 2023
  3. Centrifuges Exports in Finland
  4. Centrifuges Imports in Finland

Centrifuges Price in Finland (FOB) - 2023

In August 2023, the average centrifuges export price amounted to $25,243 per unit, surging by 24% against the previous month. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in February 2023 an increase of 269% month-to-month. Over the period under review, the average export prices hit record highs in August 2023.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Lithuania ($49,327 per unit), while the average price for exports to Latvia ($11,099 per unit) 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 Latvia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Price in Finland (CIF) - 2023

In August 2023, the average centrifuges import price amounted to $3,143 per unit, declining by -62.6% against the previous month. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in November 2022 when the average import price increased by 43% against the previous month. Over the period under review, average import prices attained the maximum at $13,874 per unit in March 2023; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($12,317 per unit), while the price for Germany ($1,798 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+79.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Centrifuges Exports in Finland

In 2022, approx. 4.7K units of centrifuges were exported from Finland; with an increase of 87% compared with 2021. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, centrifuges exports expanded remarkably to $8.3M in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 8.5% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Centrifuges in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4523,6322,4803,13929.3%
United States1,8432,0441,6341,635-3.9%
Belgium0.31572311,1151449.0%
Italy3651,16080049110.4%
United Kingdom19310021.839426.9%
France14678.419.119810.7%
Mexico83.9N/A78.013416.9%
CanadaN/AN/A155132-14.8%
Saudi Arabia72323478.144.5-60.5%
Hong Kong SAR946N/AN/A5.7-81.8%
Spain702N/AN/AN/A0%
Burkina FasoN/A373N/AN/A0%
South AfricaN/AN/A880N/A0%
Others4,3783,9711,3811,015-38.6%
Total10,83211,7497,7568,304-8.5%

Top Export Markets for Centrifuges from Finland in 2022:

  1. Belgium (1918.0 units)
  2. United Kingdom (679.0 units)
  3. France (342.0 units)
  4. China (308.0 units)
  5. Italy (239.0 units)
  6. Mexico (232.0 units)
  7. Canada (230.0 units)
  8. United States (184.0 units)
  9. Saudi Arabia (79.0 units)
  10. Hong Kong SAR (12.0 units)
  11. South Africa (2.0 units)

Centrifuges Imports in Finland

Centrifuges imports into Finland skyrocketed to 8.2K units in 2022, growing by 240% against the previous year. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, centrifuges imports surged to $8.6M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Centrifuges in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,4763,7822,8563,6992.1%
Sweden5848895521,39233.6%
Italy9.04.892.1770340.6%
Poland14.51.5465753273.1%
Switzerland22.4191N/A686212.9%
Denmark13.812.6476614254.3%
United Kingdom43.425549.419264.2%
Others6191,861960459-9.5%
Total4,7816,9975,4518,56521.5%

Top Suppliers of Centrifuges to Finland in 2022:

    Source: IndexBox Market Intelligence Platform

    This report provides an in-depth analysis of the centrifuges 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 32501380 - Centrifuges of a kind used in laboratories (excluding cream separators, clothes dryers)
    • Prodcom 28294100 - Centrifuges (excluding cream separators, clothes dryers, t hose used in laboratories)

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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