Finland - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Finland - Electrical Resistors (Except Heating Resistors) - Market Analysis, Forecast, Size, Trends and Insights

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Resistor Price in Finland - 2023

Contents:

  1. Resistor Price in Finland (CIF) - 2022
  2. Resistor Price in Finland (FOB) - 2022
  3. Resistor Imports in Finland
  4. Resistor Exports in Finland

Resistor Price in Finland (CIF) - 2022

The average resistor import price stood at $7.6 per thousand units in 2022, reducing by -18.3% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 10% against the previous year. Over the period under review, average import prices attained the maximum at $15 per thousand units in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($49 per thousand units), while the price for Israel ($2.3 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Resistor Price in Finland (FOB) - 2022

In 2022, the average resistor export price amounted to $45 per thousand units, growing by 15% against the previous year. Overall, the export price showed a modest increase. The pace of growth was the most pronounced in 2016 an increase of 57%. The export price peaked at $79 per thousand units in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($164 per thousand units), while the average price for exports to India ($11 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports in Finland

Resistor imports into Finland soared to 2.5B units in 2022, with an increase of 18% compared with the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 +58.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, resistor imports shrank modestly to $19M in 2022. Over the period under review, imports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, imports reached the maximum at $21M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Resistor in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.62.93.43.60.0%
China2.41.82.62.85.3%
Sweden1.53.32.01.4-2.3%
Japan1.31.01.51.0-8.4%
Taiwan (Chinese)0.70.70.80.70.0%
Israel0.30.20.30.410.1%
Netherlands0.2N/AN/A0.426.0%
Thailand0.60.70.10.2-30.7%
Others10.17.39.28.6-5.2%
Total20.917.919.819.1-3.0%

Top Suppliers of Resistor to Finland in 2022:

  1. China (1098.6M units)
  2. Germany (410.0M units)
  3. Taiwan (Chinese) (215.8M units)
  4. Japan (179.6M units)
  5. Israel (154.2M units)
  6. Sweden (65.1M units)
  7. Netherlands (48.4M units)
  8. Thailand (26.9M units)

Resistor Exports in Finland

After three years of growth, overseas shipments of electrical resistors (except heating resistors) decreased by -10.1% to 129M units in 2022. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. The exports peaked at 144M units in 2021, and then contracted in the following year.

In value terms, resistor exports amounted to $5.8M in 2022. In general, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 3.9%. Over the period under review, the exports attained the peak figure at $6.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Resistor in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia58091476382012.2%
China879511647770-4.3%
United States420267351411-0.7%
Russia571689707311-18.3%
Netherlands94.640922427442.5%
Norway12911115223722.5%
Kazakhstan1.50.70.8235439.1%
India11714421923325.8%
United Kingdom93.130.210219427.7%
Poland14389.992.1107-9.2%
Lithuania96.315198.176.0-7.6%
Mexico79029.893.265.8-56.3%
Others2,4002,0742,1812,080-4.7%
Total6,3155,4205,6305,813-2.7%

Top Export Markets for Resistor from Finland in 2022:

  1. China (31.9M units)
  2. Estonia (25.1M units)
  3. India (21.3M units)
  4. Russia (9.2M units)
  5. United Kingdom (4.7M units)
  6. United States (4.6M units)
  7. Lithuania (3.6M units)
  8. Norway (3.5M units)
  9. Poland (3.1M units)
  10. Kazakhstan (2.4M units)
  11. Netherlands (2.3M units)
  12. Mexico (0.9M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the resistor 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 27906035 - Fixed electrical resistors for a power handling capacity . .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
  • Prodcom 27906037 - Fixed electrical resistors for a power handling capacity > .20 W (excluding heating resistors and fixed carbon resistors, c omposition or film types)
  • Prodcom 27906055 - Wirewound variable resistors for a power handling capacity. .20 W
  • Prodcom 27906057 - Wirewound variable resistors for a power handling capacity > .20 W
  • Prodcom 27906080 - Fixed carbon resistors, composition or film types (excluding heating resistors), electrical variable resistors, including rheostats and potentiometers (excluding wirewound variable resistors and heating resistors)

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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