Finland: Base Station Market 2024

Base Station Market Size in Finland

The Finnish base station market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption showed significant growth. Base station consumption peaked in 2022 and is likely to see gradual growth in the near future.

Base Station Production in Finland

In value terms, base station production surged to $X in 2022 estimated in export price. Over the period under review, production showed a significant increase. The growth pace was the most rapid in 2019 with an increase of X%. Base station production peaked in 2022 and is likely to see steady growth in years to come.

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Base Station Exports

Exports from Finland

In 2022, exports of base stations from Finland skyrocketed to X units, growing by X% compared with 2021 figures. Over the period under review, exports showed a perceptible increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, base station exports dropped notably to $X in 2022. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for base station exports from Finland, with a X% share of total exports. Moreover, base station exports to Sweden exceeded the volume sent to the second major destination, Lithuania (X units), fivefold. The Czech Republic (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and the Czech Republic (X% per year).

In value terms, the largest markets for base station exported from Finland were Sweden ($X), the United States ($X) and the UK ($X), with a combined X% share of total exports. Lithuania, the Czech Republic, Poland, Norway, Russia, Estonia and Uruguay lagged somewhat behind, together accounting for a further X%.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average base station export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the average price for exports to the Czech Republic ($X per unit) 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 (X%), while the prices for the other major destinations experienced a decline.

Base Station Imports

Imports into Finland

In 2022, imports of base stations into Finland skyrocketed to X units, jumping by X% on 2021 figures. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, base station imports soared to $X in 2022. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X units) constituted the largest supplier of base station to Finland, accounting for a X% share of total imports. Moreover, base station imports from Sweden exceeded the figures recorded by the second-largest supplier, Lithuania (X units), more than tenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and China (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of base stations to Finland, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Lithuania, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Lithuania (X% per year).

Import Prices by Country

In 2022, the average base station import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 China ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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