Finland - Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights

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Price for Belt Type Continuous-Action Elevator and Conveyor in Finland - 2023

Contents:

  1. Price for Belt Type Continuous-Action Elevator and Conveyor in Finland (FOB) - 2023
  2. Price for Belt Type Continuous-Action Elevator and Conveyor in Finland (CIF) - 2023
  3. Exports of Belt Type Continuous-Action Elevator and Conveyor in Finland
  4. Imports of Belt Type Continuous-Action Elevator and Conveyor in Finland

Price for Belt Type Continuous-Action Elevator and Conveyor in Finland (FOB) - 2023

In November 2023, the average export price for belt type continuous-action elevators and conveyors for goods or materials amounted to $14,760 per unit, shrinking by -47.5% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 76% m-o-m. The export price peaked at $28,088 per unit in October 2023, and then fell markedly in the following month.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Australia ($81,526 per unit), while the average price for exports to Estonia ($8,284 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Belt Type Continuous-Action Elevator and Conveyor in Finland (CIF) - 2023

The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $7,154 per unit in November 2023, dropping by -23% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 35% m-o-m. As a result, import price reached the peak level of $12,494 per unit; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($34,803 per unit), while the price for Estonia ($5,104 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Belt Type Continuous-Action Elevator and Conveyor in Finland

In 2022, exports of belt type continuous-action elevators and conveyors for goods or materials from Finland skyrocketed to 1.1K units, rising by 26% against the year before. Overall, exports, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. The exports peaked at 2.4K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials declined slightly to $13M in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125%. As a result, the exports reached the peak of $14M, and then shrank in the following year.

Export of Belt Type Continuous-Action Elevator and Conveyor in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia1.20.74.25.869.1%
Russia3.52.52.52.3-13.1%
Norway1.11.41.51.920.0%
Denmark0.40.50.90.931.0%
United States0.30.31.10.732.6%
Sweden0.80.40.60.6-9.1%
BrazilN/AN/AN/A0.30%
SwitzerlandN/AN/AN/A0.20%
Israel0.1N/AN/A0.10.0%
Macao SARN/AN/AN/AN/A0%
Hong Kong SARN/AN/AN/AN/A0%
BahrainN/AN/AN/AN/A0%
Others1.20.63.20.7-16.4%
Total8.76.214.013.415.5%

Top Export Markets for Belt Type Continuous-Action Elevator and Conveyor from Finland in 2022:

  1. Estonia (744.0 units)
  2. Norway (103.0 units)
  3. Russia (91.0 units)
  4. Brazil (47.0 units)
  5. Denmark (42.0 units)
  6. Israel (38.0 units)
  7. Sweden (38.0 units)
  8. United States (31.0 units)
  9. Switzerland (30.0 units)

Imports of Belt Type Continuous-Action Elevator and Conveyor in Finland

In 2022, approx. 1.3K units of belt type continuous-action elevators and conveyors for goods or materials were imported into Finland; therefore, remained relatively stable against the year before. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, imports attained the peak of 1.3K units, leveling off in the following year.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials rose markedly to $11M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Belt Type Continuous-Action Elevator and Conveyor in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia1.91.44.94.230.3%
Germany2.52.40.91.7-12.1%
United Kingdom1.31.20.91.42.5%
Netherlands0.30.21.31.258.7%
Sweden0.40.50.51.035.7%
China0.10.10.10.226.0%
PolandN/A0.1N/A0.10.0%
Others1.71.51.61.1-13.5%
Total8.27.410.110.89.6%

Top Suppliers of Belt Type Continuous-Action Elevator and Conveyor to Finland in 2022:

  1. Estonia (901.0 units)
  2. United Kingdom (98.0 units)
  3. Sweden (98.0 units)
  4. Germany (31.0 units)
  5. Netherlands (25.0 units)
  6. China (25.0 units)
  7. Poland (24.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor 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 28221770 - Belt type continuous-action elevators and conveyors for goods or materials

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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