Finland - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeasuring Instrument Price in Finland - 2023
Contents:
- Measuring Instrument Price in Finland (FOB) - 2023
- Measuring Instrument Price in Finland (CIF) - 2023
- Measuring Instrument Exports in Finland
- Measuring Instrument Imports in Finland
Measuring Instrument Price in Finland (FOB) - 2023
The average measuring instrument export price stood at $66.6 per unit in June 2023, falling by -4.3% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 47% month-to-month. The export price peaked at $87.7 per unit in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($129 per unit), while the average price for exports to Austria ($16.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Measuring Instrument Price in Finland (CIF) - 2023
In June 2023, the average measuring instrument import price amounted to $30.6 per unit, stabilizing at the previous month. Over the period under review, import price indicated noticeable growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, measuring instrument import price decreased by -14.0% against April 2023 indices. The growth pace was the most rapid in April 2023 an increase of 61% against the previous month. As a result, import price attained the peak level of $35.6 per unit. From May 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($71.2 per unit), while the price for Italy ($8.6 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Measuring Instrument Exports in Finland
In 2022, exports of instruments and apparatus for measuring or checking the flow or level of liquids from Finland rose markedly to 125K units, surging by 8.5% on 2021 figures. The total export volume increased at an average annual rate of +10.7% 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 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, measuring instrument exports rose slightly to $40M in 2022. The total export value increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Measuring Instrument in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 4.8 | 7.1 | 7.0 | 6.4 | 10.1% |
| Germany | 2.9 | 3.3 | 5.2 | 4.9 | 19.1% |
| Russia | 1.7 | 0.9 | 3.6 | 4.5 | 38.3% |
| China | 1.9 | 2.4 | 3.0 | 4.0 | 28.2% |
| United States | 2.4 | 2.0 | 2.5 | 2.4 | 0.0% |
| Spain | 0.5 | 0.7 | 0.8 | 1.8 | 53.3% |
| Sweden | 1.2 | 1.1 | 1.5 | 1.6 | 10.1% |
| Netherlands | 1.3 | 1.4 | 1.4 | 1.4 | 2.5% |
| France | 1.2 | 1.0 | 1.3 | 1.3 | 2.7% |
| United Kingdom | 0.5 | 0.6 | 0.6 | 1.2 | 33.9% |
| Italy | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Estonia | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Poland | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Others | 7.9 | 9.2 | 9.9 | 9.1 | 4.8% |
| Total | 27.4 | 30.6 | 38.1 | 39.6 | 13.1% |
Top Export Markets for Measuring Instrument from Finland in 2022:
- Russia (17.1K units)
- China (15.8K units)
- Netherlands (12.4K units)
- Germany (11.7K units)
- United States (9.4K units)
- Sweden (8.8K units)
- France (5.9K units)
- Spain (4.7K units)
- United Kingdom (4.1K units)
- Norway (3.5K units)
- Italy (2.8K units)
- Estonia (2.4K units)
- Poland (2.2K units)
Measuring Instrument Imports in Finland
In 2022, imports of instruments and apparatus for measuring or checking the flow or level of liquids into Finland rose significantly to 415K units, increasing by 15% on 2021 figures. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, measuring instrument imports skyrocketed to $39M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Measuring Instrument in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.2 | 10.6 | 11.6 | 11.8 | 8.7% |
| France | 4.2 | 6.1 | 3.6 | 6.2 | 13.9% |
| Netherlands | 7.3 | 7.0 | 5.5 | 5.7 | -7.9% |
| Italy | 2.6 | 2.7 | 3.5 | 4.4 | 19.2% |
| Sweden | 1.1 | 1.2 | 1.6 | 2.5 | 31.5% |
| United Kingdom | 2.8 | 1.6 | 1.3 | 2.3 | -6.3% |
| China | 0.7 | 0.3 | 0.4 | 0.2 | -34.1% |
| Others | 7.4 | 5.1 | 5.8 | 5.5 | -9.4% |
| Total | 35.4 | 34.6 | 33.4 | 38.6 | 2.9% |
Top Suppliers of Measuring Instrument to Finland in 2022:
- Italy (211.3K units)
- Germany (72.9K units)
- Sweden (68.4K units)
- United Kingdom (9.0K units)
- France (8.1K units)
- Netherlands (7.8K units)
- China (3.6K units)
This report provides an in-depth analysis of the measuring instrument 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 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
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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