Finland - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type - Market Analysis, Forecast, Size, Trends And Insights

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Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland - 2023

Contents:

  1. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (FOB) - 2023
  2. Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (CIF) - 2022
  3. Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland
  4. Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (FOB) - 2023

The average export price for elevators and conveyors other than pneumatic, belt- or bucket-type stood at $17,712 per unit in September 2023, surging by 2.9% against the previous month. In general, the export price continues to indicate a mild increase. The growth pace was the most rapid in April 2023 when the average export price increased by 73% m-o-m. As a result, the export price reached the peak level of $26,489 per unit; afterwards, it flattened through to September 2023.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Democratic Republic of the Congo ($43,916 per unit), while the average price for exports to Chile ($1,354 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (CIF) - 2022

In 2022, the average import price for elevators and conveyors other than pneumatic, belt- or bucket-type amounted to $3,975 per unit, declining by -10% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. The import price peaked at $17,786 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($61,631 per unit), while the price for Estonia ($3,036 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland

After three years of growth, overseas shipments of elevators and conveyors other than pneumatic, belt- or bucket-type decreased by -15.4% to 7.3K units in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 221% against the previous year. Over the period under review, the exports of hit record highs at 8.6K units in 2021, and then declined significantly in the following year.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type expanded rapidly to $97M in 2022. Overall, exports recorded a deep slump. Over the period under review, the exports of attained the peak figure at $157M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden10.25.87.012.87.9%
Germany21.218.76.211.3-18.9%
United States17.16.810.910.9-13.9%
Japan6.916.411.66.4-2.5%
Indonesia1.71.71.76.052.3%
Estonia6.53.15.45.8-3.7%
Italy3.62.61.95.515.2%
France5.63.07.04.9-4.4%
Portugal1.73.30.24.740.4%
Austria4.03.72.02.3-16.8%
Poland3.02.72.12.1-11.2%
Taiwan (Chinese)N/AN/AN/A2.00%
Russia5.92.78.91.0-44.7%
Others69.249.227.321.7-32.1%
Total15712092.297.4-14.7%

Top Export Markets for Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type from Finland in 2022:

  1. Sweden (1301.0 units)
  2. Estonia (1086.0 units)
  3. Japan (550.0 units)
  4. Portugal (488.0 units)
  5. Germany (466.0 units)
  6. France (377.0 units)
  7. Indonesia (372.0 units)
  8. United States (360.0 units)
  9. Poland (329.0 units)
  10. Italy (240.0 units)
  11. Taiwan (Chinese) (198.0 units)
  12. Russia (197.0 units)
  13. Austria (140.0 units)

Imports of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland

In 2022, approx. 10K units of elevators and conveyors other than pneumatic, belt- or bucket-type were imported into Finland; rising by 55% on the previous year. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 211% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type skyrocketed to $40M in 2022. The total import value increased at an average annual rate of +6.5% 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 Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia14.811.510.618.67.9%
Poland1.60.42.45.147.2%
Germany5.41.94.04.7-4.5%
Sweden0.93.52.52.947.7%
Lithuania2.20.6N/A1.6-10.1%
China2.42.03.61.2-20.6%
Italy0.91.00.41.16.9%
Latvia0.30.31.20.944.2%
Others4.311.03.83.7-4.9%
Total32.932.228.539.76.5%

Top Suppliers of Elevators and Conveyors Other than Pneumatic, Belt- or Bucket-Type to Finland in 2022:

  1. Estonia (6.1K units)
  2. Poland (1.7K units)
  3. Germany (0.7K units)
  4. Sweden (0.4K units)
  5. Italy (0.2K units)
  6. Lithuania (0.2K units)
  7. Latvia (0.2K units)
  8. China (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for elevators and conveyors other than pneumatic, belt- or bucket-type 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 28221793 - Roller conveyors for goods or materials (excluding pneumatic elevators and conveyors, those specially designed for use underground, bucket type, belt type)
  • Prodcom 28221795 - Continuous-action elevators or conveyors for goods or materials (excluding pneumatic elevators or conveyors, those designed for use underground, bucket type, belt type, roller conveyors)

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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