Cranes; Tower Cranes Price in Finland - 2023

Contents:

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

Cranes; Tower Cranes Price in Finland (CIF) - 2023

In June 2023, the average cranes; tower cranes import price amounted to $136K per unit, rising by 23% against the previous month. In general, import price indicated measured growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cranes; tower cranes import price increased by +30.1% against March 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 60% month-to-month. As a result, import price reached the peak level of $159K per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($141K per unit), while the price for Italy totaled $111K per unit.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranes; Tower Cranes Price in Finland (FOB) - 2023

In May 2023, the average cranes; tower cranes export price amounted to $111K per unit, which is down by -81.2% against the previous month. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 2,652% month-to-month. As a result, the export price reached the peak level of $590K per unit, and then reduced dramatically in the following month.

As there is only one major export destination, the average price level is determined by prices for Poland.

From June 2022 to May 2023, the rate of growth in terms of prices for Poland amounted to +18.0% per month.

Cranes; Tower Cranes Imports in Finland

In 2022, approx. 356 units of cranes; tower craneses were imported into Finland; reducing by -24.4% compared with 2021. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 165% against the previous year. As a result, imports attained the peak of 471 units, and then dropped notably in the following year.

In value terms, cranes; tower cranes imports contracted modestly to $7.9M in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, imports hit record highs at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Cranes; Tower Cranes in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.11.01.03.242.8%
Spain1.32.02.51.913.5%
ItalyN/AN/A0.71.385.7%
France3.81.42.60.9-38.1%
Netherlands0.60.20.30.60.0%
China2.81.6N/AN/A-42.9%
CanadaN/AN/A1.2N/A0%
Others0.91.3N/AN/A44.4%
Total10.67.58.37.9-9.3%

Top Suppliers of Cranes; Tower Cranes to Finland in 2022:

  1. Italy (142.0 units)
  2. Germany (109.0 units)
  3. Spain (81.0 units)
  4. France (15.0 units)
  5. Netherlands (9.0 units)

Cranes; Tower Cranes Exports in Finland

In 2022, the amount of cranes; tower craneses exported from Finland surged to 6 units, growing by 50% against the year before. Overall, exports, however, saw a precipitous descent. Over the period under review, the exports hit record highs at 41 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, cranes; tower cranes exports declined modestly to $139K in 2022. Over the period under review, exports, however, continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 8.2%. The exports peaked at $7.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cranes; Tower Cranes in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A14197.9-30.6%
PolandN/AN/AN/A39.30%
Russia935N/A3.42.1-86.9%
SwedenN/A114N/AN/A0%
IndiaN/A19.7N/AN/A0%
Netherlands6,414N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7,349134145139-73.4%

Top Export Markets for Cranes; Tower Cranes from Finland in 2022:

  1. Poland (4.0 units)
  2. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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