Finland - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Machine-Tool for Removing Material in Finland - 2023
Contents:
- Price for Machine-Tool for Removing Material in Finland (CIF) - 2023
- Price for Machine-Tool for Removing Material in Finland (FOB) - 2023
- Imports of Machine-Tool for Removing Material in Finland
- Exports of Machine-Tool for Removing Material in Finland
Price for Machine-Tool for Removing Material in Finland (CIF) - 2023
The average machine-tool for removing material import price stood at $21,677 per unit in August 2023, declining by -46.9% against the previous month. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in April 2023 an increase of 150% month-to-month. Over the period under review, average import prices hit record highs at $57,704 per unit in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($208K per unit), while the price for the Netherlands ($4,073 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tool for Removing Material in Finland (FOB) - 2023
In August 2023, the average machine-tool for removing material export price amounted to $38,491 per unit, surging by 13% against the previous month. In general, the export price enjoyed a mild increase. The growth pace was the most rapid in May 2023 an increase of 1,180% against the previous month. The export price peaked at $39,642 per unit in January 2023; afterwards, it flattened through to August 2023.
Average prices varied somewhat for the major external markets. In August 2023, the country with the highest price was Germany ($47,504 per unit), while the average price for exports to Italy ($32,285 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+149.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tool for Removing Material in Finland
In 2022, approx. 3.6K units of machine-tools for working any material by removal of material were imported into Finland; almost unchanged from 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, machine-tool for removing material imports surged to $35M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Machine-Tool for Removing Material in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.5 | 10.4 | 7.9 | 16.8 | 45.1% |
China | 3.5 | 2.9 | 5.2 | 4.4 | 7.9% |
France | 0.8 | 1.4 | 1.0 | 3.7 | 66.6% |
Netherlands | 0.5 | 0.3 | 0.4 | 3.5 | 91.3% |
Denmark | N/A | 0.3 | N/A | 0.5 | 29.1% |
United Kingdom | 0.2 | 0.4 | 0.1 | 0.4 | 26.0% |
Sweden | 0.5 | 1.5 | 0.2 | 0.1 | -41.5% |
Belgium | N/A | 0.9 | 1.0 | 0.1 | -66.7% |
Others | 11.3 | 6.2 | 10.1 | 5.2 | -22.8% |
Total | 22.2 | 24.3 | 25.9 | 34.8 | 16.2% |
Top Suppliers of Machine-Tool for Removing Material to Finland in 2022:
- China (2549.0 units)
- Germany (296.0 units)
- Netherlands (212.0 units)
- Denmark (161.0 units)
- United Kingdom (128.0 units)
- France (60.0 units)
- Sweden (24.0 units)
- Belgium (12.0 units)
Exports of Machine-Tool for Removing Material in Finland
After two years of decline, overseas shipments of machine-tools for working any material by removal of material increased by 12% to 212 units in 2022. Over the period under review, exports, however, showed a pronounced downturn. The exports peaked at 238 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, machine-tool for removing material exports fell to $24M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. The exports peaked at $24M in 2021, and then reduced modestly in the following year.
Export of Machine-Tool for Removing Material in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.4 | 3.8 | 10.4 | 7.7 | 47.5% |
United States | 2.8 | 3.6 | 0.1 | 5.5 | 25.2% |
Poland | 0.9 | N/A | N/A | 2.2 | 34.7% |
Germany | 3.1 | 0.3 | 2.4 | 1.4 | -23.3% |
Canada | 0.1 | 1.0 | 1.0 | 1.2 | 128.9% |
Japan | N/A | 0.3 | 0.2 | 1.0 | 82.6% |
Estonia | 0.5 | 1.8 | 0.3 | 0.9 | 21.6% |
Lithuania | N/A | N/A | N/A | 0.9 | 0% |
Ukraine | N/A | N/A | N/A | 0.1 | 0% |
Serbia | 0.2 | N/A | N/A | 0.1 | -20.6% |
Russia | 1.2 | 0.4 | 1.1 | 0.1 | -56.3% |
South Korea | 1.0 | N/A | 1.2 | N/A | 9.5% |
United Kingdom | 1.5 | 1.3 | 0.1 | N/A | -74.2% |
Others | 5.8 | 10.7 | 7.4 | 3.1 | -18.8% |
Total | 19.5 | 23.0 | 24.3 | 24.3 | 7.6% |
Top Export Markets for Machine-Tool for Removing Material from Finland in 2022:
- Japan (81.0 units)
- Estonia (26.0 units)
- United States (26.0 units)
- Ukraine (16.0 units)
- Italy (14.0 units)
- Lithuania (9.0 units)
- Canada (5.0 units)
- Poland (5.0 units)
- Serbia (4.0 units)
- Germany (4.0 units)
- United Kingdom (3.0 units)
- Russia (3.0 units)
This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
- Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
- Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
- Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
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
This report provides an in-depth analysis of the market for machine-tool for removing material in Finland.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
This report provides an in-depth analysis of the market for machine-tool for removing material in Finland.
This report provides an in-depth analysis of the global market for machine-tool for removing material.
Discover the world's best import markets for machine-tools for removing material. Get insights into the top countries, import values, and market trends. Utilize IndexBox market intelligence platform for comprehensive data.
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