Finland - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights

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Mounting Lifting Equipment Price in Finland - 2023

Contents:

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

Mounting Lifting Equipment Price in Finland (FOB) - 2023

In June 2023, the average mounting lifting equipment export price amounted to $10,462 per unit, reducing by -10.4% against the previous month. In general, the export price, however, recorded a slight expansion. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $12,078 per unit; afterwards, it flattened through to June 2023.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Poland ($17,412 per unit), while the average price for exports to the Netherlands ($9,194 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 Poland (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounting Lifting Equipment Price in Finland (CIF) - 2023

In May 2023, the average mounting lifting equipment import price amounted to $19,082 per unit, increasing by 6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 21% against the previous month. As a result, import price reached the peak level of $20,947 per unit; afterwards, it flattened through to May 2023.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Austria ($27,479 per unit), while the price for Denmark ($9,206 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Austria (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Mounting Lifting Equipment Exports in Finland

Mounting lifting equipment exports from Finland fell to 2.2K units in 2022, waning by -9.1% compared with 2021 figures. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports hit record highs at 2.8K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mounting lifting equipment exports surged to $120M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Mounting Lifting Equipment in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3.63.511.427.596.9%
Sweden12.06.19.814.36.0%
Germany15.414.118.213.0-5.5%
France6.76.07.27.64.3%
Czech Republic3.03.94.47.032.6%
United Kingdom18.99.85.24.7-37.1%
Switzerland1.41.01.44.446.5%
Poland5.94.04.24.3-10.0%
Norway2.32.33.74.222.2%
United States3.02.82.73.99.1%
Netherlands3.13.12.83.43.1%
Italy2.00.92.53.217.0%
Israel0.50.40.70.66.3%
Others25.719.327.021.5-5.8%
Total10377.21011205.2%

Top Export Markets for Mounting Lifting Equipment from Finland in 2022:

  1. Austria (367.0 units)
  2. Sweden (275.0 units)
  3. Germany (190.0 units)
  4. Israel (168.0 units)
  5. Czech Republic (124.0 units)
  6. France (119.0 units)
  7. Switzerland (85.0 units)
  8. Norway (84.0 units)
  9. United States (73.0 units)
  10. United Kingdom (66.0 units)
  11. Netherlands (64.0 units)
  12. Poland (60.0 units)
  13. Italy (54.0 units)

Mounting Lifting Equipment Imports in Finland

In 2022, the amount of lifting equipment designed for mounting on road vehicles imported into Finland fell to 1.3K units, with a decrease of -8.6% against the previous year's figure. In general, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked at 1.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mounting lifting equipment imports totaled $53M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Mounting Lifting Equipment in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden13.211.011.015.45.3%
Austria13.08.216.114.43.5%
Italy7.98.211.58.62.9%
Poland4.74.35.34.80.7%
Estonia2.61.61.93.16.0%
Denmark2.11.62.82.21.6%
Slovakia2.41.91.21.3-18.5%
Others3.94.52.83.0-8.4%
Total49.841.252.652.82.0%

Top Suppliers of Mounting Lifting Equipment to Finland in 2022:

  1. Estonia (337.0 units)
  2. Sweden (296.0 units)
  3. Italy (229.0 units)
  4. Austria (136.0 units)
  5. Poland (92.0 units)
  6. Denmark (46.0 units)
  7. Slovakia (34.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles

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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