Finland: Check Valve Market 2024

Check Valve Market Size in Finland

The Finnish check valve market surged to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Check Valve Production in Finland

In value terms, check valve production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a strong increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Check Valve Exports

Exports from Finland

In 2022, after two years of growth, there was significant decline in overseas shipments of check valves for pipes, boiler shells, tanks and vats, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw tangible growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, check valve exports dropped rapidly to $X in 2022. In general, exports, however, showed a modest expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank sharply in the following year.

Exports by Country

Russia (X tons) was the main destination for check valve exports from Finland, accounting for a X% share of total exports. Moreover, check valve exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), threefold. Poland (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Poland (X% per year).

In value terms, the largest markets for check valve exported from Finland were Russia ($X), Germany ($X) and Sweden ($X), together accounting for X% of total exports. The United States, Poland, Kazakhstan, China, Estonia, Denmark, the Netherlands, Uruguay, the UK and Italy lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to 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 check valve export price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Russia ($X 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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Check Valve Imports

Imports into Finland

In 2022, approx. X tons of check valves for pipes, boiler shells, tanks and vats were imported into Finland; growing by X% compared with 2021 figures. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, check valve imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and China (X tons) were the main suppliers of check valve imports to Finland, together comprising X% of total imports. Italy, Sweden, the Netherlands, Denmark, France and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of check valves for pipes, boiler shells, tanks and vats to Finland, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.

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

Import Prices by Country

In 2022, the average check valve import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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