Finland - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Finland - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights

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Pump for Liquid Price in Finland - 2023

Contents:

  1. Pump for Liquid Price in Finland (CIF) - 2023
  2. Pump for Liquid Price in Finland (FOB) - 2023
  3. Pump for Liquid Imports in Finland
  4. Pump for Liquid Exports in Finland

Pump for Liquid Price in Finland (CIF) - 2023

In July 2023, the average pump for liquid import price amounted to $19.3 per unit, declining by -24.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 23% month-to-month. As a result, import price reached the peak level of $25.7 per unit, and then reduced markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($56.7 per unit), while the price for the Netherlands ($4.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Pump for Liquid Price in Finland (FOB) - 2023

In July 2023, the average pump for liquid export price amounted to $52.1 per unit, reducing by -26.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 39% m-o-m. As a result, the export price reached the peak level of $71.1 per unit, and then contracted significantly in the following month.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the United States ($124 per unit), while the average price for exports to South Korea ($5.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pump for Liquid Imports in Finland

For the fourth year in a row, Finland recorded growth in supplies from abroad of pumps for liquids and liquid elevators, which increased by 13% to 9.4M units in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, pump for liquid imports totaled $245M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Pump for Liquid in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany91.672.886.790.8-0.3%
Sweden14.021.530.626.824.2%
Netherlands2.428.622.221.6108.0%
Italy18.214.218.618.91.3%
Czech Republic10.16.810.710.61.6%
China9.86.38.89.90.3%
United Kingdom8.47.87.68.91.9%
Denmark7.77.26.88.63.8%
Others44.741.347.348.42.7%
Total2072072402455.8%

Top Suppliers of Pump for Liquid to Finland in 2022:

  1. Germany (2.5M units)
  2. United Kingdom (1.5M units)
  3. Italy (1.1M units)
  4. China (0.9M units)
  5. Sweden (0.8M units)
  6. Czech Republic (0.6M units)
  7. Netherlands (0.5M units)
  8. Denmark (0.4M units)

Pump for Liquid Exports in Finland

In 2022, the amount of pumps for liquids and liquid elevators exported from Finland surged to 708K units, jumping by 18% against the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, pump for liquid exports reduced to $129M in 2022. Over the period under review, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 5.1% against the previous year. The exports peaked at $151M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Pump for Liquid in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden8.311.115.812.314.0%
Russia19.714.719.911.6-16.2%
United States9.710.08.111.04.3%
Germany8.86.07.47.7-4.4%
China4.53.24.27.619.1%
Netherlands5.74.85.65.80.6%
France8.07.78.25.7-10.7%
United Kingdom2.93.03.14.414.9%
Norway3.54.14.83.93.7%
Kazakhstan0.40.10.22.993.5%
Estonia3.62.02.22.3-13.9%
Others76.569.263.453.9-11.0%
Total151136143129-5.1%

Top Export Markets for Pump for Liquid from Finland in 2022:

  1. Norway (165.2K units)
  2. Estonia (90.7K units)
  3. Sweden (61.3K units)
  4. Germany (58.6K units)
  5. United States (55.1K units)
  6. France (49.7K units)
  7. Russia (44.0K units)
  8. China (20.7K units)
  9. Netherlands (18.7K units)
  10. Kazakhstan (11.9K units)
  11. United Kingdom (10.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pump for liquid 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 28121320 - Hydraulic pumps (radial piston)
  • Prodcom 28121350 - Hydraulic pumps (gear)
  • Prodcom 28121380 - Hydraulic pumps (vane)
  • Prodcom 28121530 - Hydraulic pumps (axial piston)
  • Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
  • Prodcom 28131105 - Petrol and oil dispensing pumps, unit
  • Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
  • Prodcom 28131145 - Positive displacement pumps, hand pumps
  • Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
  • Prodcom 28131185 - Concrete pumps
  • Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
  • Prodcom 28131250 - In-line reciprocating piston pumps
  • Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
  • Prodcom 28131320 - Positive displacement pumps, rotary, gear
  • Prodcom 28131340 - Positive displacement pumps, rotary, vane
  • Prodcom 28131360 - Positive displacement pumps, rotary, screw
  • Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
  • Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
  • Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
  • Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
  • Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
  • Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
  • Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
  • Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
  • Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
  • Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
  • Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
  • Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
  • Prodcom 28131480 - Other liquid pumps, liquid elevators

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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