Finland: Construction Equipment Blade Market 2024

Construction Equipment Blade Market Size in Finland

The Finnish construction equipment blade market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption recorded prominent growth. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Construction Equipment Blade Production in Finland

In value terms, construction equipment blade production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Construction Equipment Blade Exports

Exports from Finland

In 2022, the amount of blades for construction equipment exported from Finland contracted significantly to X units, waning by X% against 2021 figures. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, construction equipment blade exports dropped to $X in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X units), Estonia (X units) and Norway (X units) were the main destinations of construction equipment blade exports from Finland, with a combined X% share of total exports. The United States, Germany, Austria, Hungary, Switzerland, Slovakia, Turkey, Russia and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Estonia ($X) and Norway ($X) were the largest markets for construction equipment blade exported from Finland worldwide, with a combined X% share of total exports. The United States, Germany, Turkey, Austria, Hungary, Switzerland, Slovakia, Lithuania and Russia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average construction equipment blade export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a slight descent. Over the period under review, the average export prices reached the maximum at $X per unit 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 Turkey ($X per unit), while the average price for exports to Estonia ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Equipment Blade Imports

Imports into Finland

In 2022, supplies from abroad of blades for construction equipment was finally on the rise to reach X units after three years of decline. Overall, imports posted a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, construction equipment blade imports soared to $X in 2022. In general, imports showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Sweden (X units), Estonia (X units) and Germany (X units) were the main suppliers of construction equipment blade imports to Finland, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest construction equipment blade suppliers to Finland were Sweden ($X), Estonia ($X) and Germany ($X), together accounting for X% of total imports.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average construction equipment blade import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per unit in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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