Finland - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMultimeter Price in Finland - 2023
Contents:
- Multimeter Price in Finland (CIF) - 2023
- Multimeter Price in Finland (FOB) - 2022
- Multimeter Imports in Finland
- Multimeter Exports in Finland
Multimeter Price in Finland (CIF) - 2023
In June 2023, the average multimeter import price amounted to $35.8 per unit, reducing by -49.9% against the previous month. Over the period under review, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in April 2023 when the average import price increased by 246% against the previous month. Over the period under review, average import prices hit record highs at $71.5 per unit in May 2023, and then reduced notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($146 per unit), while the price for China ($12.2 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 Romania (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Multimeter Price in Finland (FOB) - 2022
In 2022, the average multimeter export price amounted to $58 per unit, falling by -13.1% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 46% against the previous year. Over the period under review, the average export prices hit record highs at $66 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($121 per unit), while the average price for exports to Latvia ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Multimeter Imports in Finland
Multimeter imports into Finland dropped significantly to 66K units in 2022, shrinking by -18.2% on the previous year's figure. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of 81K units, and then dropped notably in the following year.
In value terms, multimeter imports expanded rapidly to $2.6M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Multimeter in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 708 | 770 | 1,040 | 640 | -3.3% |
| Austria | 20.7 | 162 | 10.3 | 272 | 136.0% |
| Germany | 155 | 146 | 155 | 270 | 20.3% |
| United States | 227 | 184 | 249 | 194 | -5.1% |
| Sweden | 47.1 | 63.6 | 43.7 | 149 | 46.8% |
| Italy | 392 | 121 | 92.7 | 119 | -32.8% |
| Turkey | 127 | 103 | 124 | 105 | -6.1% |
| Taiwan (Chinese) | 83.6 | 54.3 | 82.1 | 102 | 6.9% |
| Romania | 5.4 | 1.2 | 4.2 | 85.2 | 150.8% |
| France | 77.0 | 65.9 | 75.3 | 65.2 | -5.4% |
| United Kingdom | 29.8 | 66.0 | 48.3 | 58.7 | 25.4% |
| Others | 484 | 636 | 498 | 528 | 2.9% |
| Total | 2,356 | 2,373 | 2,422 | 2,587 | 3.2% |
Top Suppliers of Multimeter to Finland in 2022:
- China (37.1K units)
- Austria (7.3K units)
- Germany (2.3K units)
- Sweden (2.2K units)
- United States (1.8K units)
- Italy (1.7K units)
- France (1.6K units)
- Turkey (1.5K units)
- Taiwan (Chinese) (1.4K units)
- Romania (1.2K units)
- United Kingdom (1.2K units)
Multimeter Exports in Finland
In 2022, approx. 6.9K units of multimeters were exported from Finland; with a decrease of -8.3% compared with the previous year's figure. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% 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 +53.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 67% against the previous year. As a result, the exports attained the peak of 7.5K units, and then dropped in the following year.
In value terms, multimeter exports declined sharply to $399K in 2022. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, the exports attained the peak of $500K, and then fell remarkably in the following year.
| Export of Multimeter in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.4 | 163 | 257 | 190 | 70.4% |
| Estonia | 38.4 | 33.4 | 24.1 | 44.6 | 5.1% |
| Russia | 109 | 29.9 | 31.7 | 17.2 | -46.0% |
| United States | 2.6 | 9.8 | 18.6 | 16.7 | 85.9% |
| Sweden | 9.8 | 6.0 | 6.9 | 16.0 | 17.8% |
| India | 5.1 | 5.0 | 0.4 | 15.1 | 43.6% |
| Netherlands | 2.6 | 0.6 | 3.5 | 14.1 | 75.7% |
| United Arab Emirates | 0.3 | 0.6 | 0.4 | 9.8 | 219.7% |
| Uruguay | 1.1 | N/A | 0.5 | 6.3 | 78.9% |
| Canada | 3.4 | 1.0 | 5.7 | 6.2 | 22.2% |
| Germany | 12.2 | 9.8 | 10.3 | 4.1 | -30.5% |
| Norway | 5.4 | 6.4 | 22.8 | 3.8 | -11.1% |
| Latvia | 2.1 | 2.0 | 3.0 | 2.9 | 11.4% |
| Others | 39.0 | 14.8 | 116 | 52.2 | 10.2% |
| Total | 270 | 282 | 500 | 399 | 13.9% |
Top Export Markets for Multimeter from Finland in 2022:
- China (2366.0 units)
- Estonia (1200.0 units)
- Sweden (559.0 units)
- Uruguay (431.0 units)
- United States (330.0 units)
- Netherlands (326.0 units)
- India (254.0 units)
- United Arab Emirates (239.0 units)
- Latvia (223.0 units)
- Canada (155.0 units)
- Russia (142.0 units)
- Norway (105.0 units)
- Germany (53.0 units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
284
This report provides an in-depth analysis of the multimeter market in Finland.
252
This report provides an in-depth analysis of the market for electric non-recording gains measurer in Finland.
202
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities in Finland.
288
This report provides an in-depth analysis of the telecommunications instrument market in Finland.
228
This report provides an in-depth analysis of the electronic electricity measurer market in Finland.
240
This report provides an in-depth analysis of the market for electric recording gains measurer in Finland.
221
This report provides an in-depth analysis of the cathode-ray oscilloscope market in Finland.
570
This report provides an in-depth analysis of the global multimeter market.
322
Global Electric Non-Recording Gains Measurer Market Report 2018. This report provides an in-depth analysis of the global market for electric non-recording gains measurer.
209
This report provides an in-depth analysis of the global market for instruments for measuring electrical quantities.
190
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
190
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
