Finland - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in Finland - 2023
Contents:
- Data Storage Device Price in Finland (CIF) - 2023
- Data Storage Device Price in Finland (FOB) - 2023
- Data Storage Device Imports in Finland
- Data Storage Device Exports in Finland
Data Storage Device Price in Finland (CIF) - 2023
In August 2023, the average data storage device import price amounted to $304 per unit, dropping by -21.5% against the previous month. In general, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, data storage device import price decreased by -24.2% against May 2023 indices. The growth pace was the most rapid in December 2022 an increase of 38% month-to-month. The import price peaked at $401 per unit in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($531 per unit), while the price for Ireland ($222 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 Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Data Storage Device Price in Finland (FOB) - 2023
In August 2023, the average data storage device export price amounted to $352 per unit, jumping by 37% against the previous month. Over the period under review, the export price enjoyed a tangible expansion. The pace of growth appeared the most rapid in November 2022 an increase of 400% month-to-month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3,986 per unit), while the average price for exports to Cote d'Ivoire ($260 per thousand units) 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 France (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.
Data Storage Device Imports in Finland
In 2022, approx. 991K units of data storage devices were imported into Finland; which is down by -4.9% against the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 1M units, and then dropped modestly in the following year.
In value terms, data storage device imports declined slightly to $221M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports attained the peak of $227M, and then dropped slightly in the following year.
| Import of Data Storage Device in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 30.7 | 35.8 | 32.8 | 101 | 48.7% |
| China | 30.6 | 37.7 | 28.8 | 19.2 | -14.4% |
| Philippines | 4.8 | 9.0 | 34.5 | 15.0 | 46.2% |
| United States | 4.7 | 5.5 | 7.7 | 14.8 | 46.6% |
| Taiwan (Chinese) | 5.4 | 5.1 | 6.4 | 7.0 | 9.0% |
| Sweden | 5.6 | 5.7 | 7.2 | 5.3 | -1.8% |
| Germany | 15.6 | 13.0 | 9.5 | 4.3 | -34.9% |
| Mexico | 1.1 | 1.7 | 0.9 | 3.7 | 49.8% |
| Netherlands | 69.7 | 12.5 | 42.6 | 3.0 | -65.0% |
| Malaysia | 4.7 | 4.0 | 3.9 | 2.6 | -17.9% |
| Singapore | 5.6 | 5.8 | 7.0 | 2.0 | -29.1% |
| Others | 26.7 | 23.9 | 45.2 | 42.6 | 16.9% |
| Total | 205 | 160 | 227 | 221 | 2.5% |
Top Suppliers of Data Storage Device to Finland in 2022:
- Thailand (489.4K units)
- Philippines (102.1K units)
- China (75.0K units)
- United States (56.2K units)
- Taiwan (Chinese) (55.1K units)
- Sweden (44.9K units)
- Mexico (38.5K units)
- Germany (29.3K units)
- Malaysia (17.9K units)
- Singapore (17.7K units)
- Netherlands (9.6K units)
Data Storage Device Exports in Finland
In 2022, data storage device exports from Finland skyrocketed to 672K units, jumping by 18% on the previous year. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, data storage device exports fell to $56M in 2022. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Over the period under review, the exports attained the peak figure at $75M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Data Storage Device in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 40.0 | 29.9 | 25.9 | 39.1 | -0.8% |
| Germany | 0.9 | 0.8 | 0.8 | 4.3 | 68.4% |
| Russia | 23.3 | 14.6 | 22.4 | 2.0 | -55.9% |
| United Arab Emirates | N/A | N/A | N/A | 1.8 | 0% |
| Slovakia | N/A | N/A | 3.1 | 1.0 | -67.7% |
| Lithuania | 0.1 | 0.1 | 0.2 | 0.9 | 108.0% |
| Sweden | 3.2 | 4.3 | 1.6 | 0.3 | -54.6% |
| Others | 7.9 | 3.5 | 11.8 | 6.6 | -5.8% |
| Total | 75.5 | 53.1 | 65.8 | 56.0 | -9.5% |
Top Export Markets for Data Storage Device from Finland in 2022:
- Netherlands (548.9K units)
- Slovakia (27.1K units)
- Lithuania (18.3K units)
- United Arab Emirates (15.9K units)
- Germany (14.0K units)
- Russia (8.4K units)
- Sweden (3.8K units)
This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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