Finland: Crane Lorry Market Overview 2020

Crane Lorry Market Size in Finland

The revenue of the crane lorry market in Finland amounted to $X in 2018, growing by X% against the previous year. Overall, crane lorry consumption continues to indicate a measured shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, the crane lorry market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Crane Lorry Production in Finland

In value terms, crane lorry production amounted to $X in 2018 estimated in export prices. Overall, crane lorry production continues to indicate a prominent increase. The growth pace was the most rapid in 2018 when production volume increased by X% year-to-year. In that year, crane lorry production reached its peak level and is likely to continue its growth in the immediate term.

Crane Lorry Exports

Exports from Finland

In 2018, the exports of crane lorries from Finland amounted to X units, lowering by -X% against the previous year. In general, crane lorry exports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at X units in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, crane lorry exports amounted to $X in 2018. Overall, crane lorry exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, crane lorry exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

South Africa (X units) was the main destination for crane lorry exports from Finland, with a X% share of total exports. Moreover, crane lorry exports to South Africa exceeded the volume sent to the second major destination, Australia (X units), fourfold. Romania (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Romania (+X% per year).

In value terms, Australia ($X) remains the key foreign market for crane lorry exports from Finland, comprising X% of total crane lorry exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports. It was followed by Afghanistan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Australia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Afghanistan (+X% per year).

Export Prices by Country

In 2018, the average crane lorry export price amounted to $X per unit, increasing by X% against the previous year. In general, the crane lorry export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The export price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Australia ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan, while the prices for the other major destinations experienced mixed trend patterns.

Crane Lorry Imports

Imports into Finland

In 2018, approx. X units of crane lorries were imported into Finland; dropping by -X% against the previous year. Over the period under review, crane lorry imports continue to indicate a drastic descent. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, crane lorry imports totaled $X in 2018. Overall, crane lorry imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, crane lorry imports reached their maximum at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Sweden (X units), Germany (X units) and India (X units) were the main suppliers of crane lorry imports to Finland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of crane lorry to Finland, comprising X% of total crane lorry imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Sweden (+X% per year).

Import Prices by Country

The average crane lorry import price stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the crane lorry import price continues to indicate an outstanding expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average import prices for crane lorries attained their maximum in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Austria ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform