Report Update: Apr 1, 2024

Finland - Electro-Magnetic Couplings, Clutches And Brakes - Market Analysis, Forecast, Size, Trends And Insights

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Electro-Magnetic Coupling Price in Finland - 2023

Electro-Magnetic Coupling Price in Finland (CIF) - 2023

The average electro-magnetic coupling import price stood at $16,178 per ton in July 2023, surging by 8.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices hit record highs at $18,098 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($29,155 per ton), while the price for China ($5,799 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Electro-Magnetic Coupling Price in Finland (FOB) - 2023

In July 2023, the average electro-magnetic coupling export price amounted to $91,965 per ton, growing by 7.4% against the previous month. In general, export price indicated noticeable growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, electro-magnetic coupling export price increased by +81.4% against March 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 75% m-o-m. Over the period under review, the average export prices reached the peak figure at $95,551 per ton in October 2022; however, from November 2022 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Mexico ($264K per ton), while the average price for exports to China ($28,605 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electro-Magnetic Coupling Imports in Finland

Electro-magnetic coupling imports into Finland surged to 1.5K tons in 2022, jumping by 43% compared with the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electro-magnetic coupling imports surged to $14M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electro-Magnetic Coupling in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	0.7	0.7	2.9	6.5	110.2%
Germany	6.9	7.0	6.1	4.6	-12.6%
China	0.9	0.7	0.3	0.8	-3.9%
France	0.6	0.4	0.6	0.7	5.3%
Spain	0.2	0.2	0.3	0.4	26.0%
Others	0.7	0.6	0.8	0.9	8.7%
Total	10.0	9.6	11.0	13.8	11.3%

Top Suppliers of Electro-Magnetic Coupling to Finland in 2022:

Poland (892.7 tons)
Germany (457.2 tons)
China (108.7 tons)
France (37.2 tons)
Spain (23.3 tons)

Electro-Magnetic Coupling Exports in Finland

For the fourth year in a row, Finland recorded growth in overseas shipments of electro-magnetic couplings, clutches and brakes, which increased by 66% to 155 tons in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, electro-magnetic coupling exports skyrocketed to $9.5M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 234%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Electro-Magnetic Coupling in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	43.3	116	1,267	1,728	241.7%
China	132	84.2	502	1,016	97.4%
Sweden	40.4	59.9	208	945	186.0%
Germany	74.7	210	545	781	118.7%
France	9.4	18.6	151	453	263.9%
Poland	0.6	41.6	165	434	797.7%
United Kingdom	6.1	43.4	279	304	268.0%
Singapore	0.3	20.0	211	301	901.1%
India	0.7	22.8	206	223	583.0%
Russia	351	432	377	200	-17.1%
Mexico	0.3	37.3	219	195	766.2%
United Arab Emirates	9.0	27.2	21.5	130	143.5%
Georgia	N/A	31.5	N/A	14.0	-33.3%
Others	334	737	2,126	2,792	103.0%
Total	1,002	1,882	6,277	9,515	111.8%

Top Export Markets for Electro-Magnetic Coupling from Finland in 2022:

China (45.2 tons)
United States (25.6 tons)
Sweden (16.8 tons)
United Arab Emirates (7.9 tons)
United Kingdom (7.4 tons)
Germany (6.0 tons)
France (5.2 tons)
Singapore (5.1 tons)
Poland (4.6 tons)
Mexico (3.9 tons)
India (2.6 tons)
Russia (2.5 tons)
Georgia (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electro-magnetic coupling 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 27904050 - Electro-magnetic couplings, clutches and brakes (excluding mechanical hydraulic or pneumatic brakes controlled by electro-magnetic devices)

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
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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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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