Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland (CIF) - 2022

The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $80,763 per ton in 2022, shrinking by -6.8% against the previous year. Over the period under review, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21%. The import price peaked at $99,784 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($242,800 per ton), while the price for China ($12,565 per ton) was amongst the lowest.

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

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $75,980 per ton, increasing by 23% against the previous year. In general, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 37%. The export price peaked at $112,237 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($231,237 per ton), while the average price for exports to Hungary ($43,591 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland

In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Finland skyrocketed to 195 tons, picking up by 22% compared with the previous year's figure. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% 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 +52.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses expanded significantly to $16M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Finland in 2022:

1. Germany (69.6 tons)
2. Italy (34.8 tons)
3. Netherlands (32.1 tons)
4. Sweden (15.4 tons)
5. Belgium (9.7 tons)
6. France (5.6 tons)
7. China (5.5 tons)
8. Turkey (5.3 tons)
9. Austria (2.9 tons)
10. Taiwan (Chinese) (2.8 tons)
11. Spain (2.4 tons)
12. United States (1.8 tons)
13. Poland (0.5 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Finland

In 2022, the amount of machine-tools; parts and accessories, tool holders and self-opening dieheadses exported from Finland rose slightly to 29 tons, surging by 2.9% on 2021 figures. Over the period under review, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 43%.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses soared to $2.2M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +102.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Finland in 2022:

1. Belgium (6.5 tons)
2. Kazakhstan (5.2 tons)
3. France (4.4 tons)
4. United States (3.8 tons)
5. New Zealand (2.4 tons)
6. Estonia (1.1 tons)
7. Russia (1.1 tons)
8. Canada (0.7 tons)
9. China (0.7 tons)
10. Lithuania (0.6 tons)
11. Latvia (0.5 tons)

Source: IndexBox Market Intelligence Platform