Finland: Capacitor Market 2024

Capacitor Market Size in Finland

The Finnish capacitor market declined dramatically to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed a notable expansion. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Capacitor Production in Finland

In value terms, capacitor production surged to $X in 2022 estimated in export price. In general, production showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Capacitor Exports

Exports from Finland

In 2022, the amount of electrical capacitors exported from Finland shrank to X units, dropping by X% on the previous year. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded 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, capacitor exports expanded markedly to $X in 2022. In general, exports showed a abrupt descent. 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

Russia (X units), Vietnam (X units) and the United States (X units) were the main destinations of capacitor exports from Finland, together comprising X% of total exports. India, China, Hungary, Germany, the Czech Republic, Spain, Armenia, Estonia, Singapore and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for electrical capacitors exports from Finland, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

The average capacitor export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 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 the Czech Republic ($X per unit), while the average price for exports to Armenia (less than $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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into Finland

In 2022, purchases abroad of electrical capacitors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, capacitor imports shrank to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest capacitor supplier to Finland, with a X% share of total imports. Moreover, capacitor imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by Belgium (X units), with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of electrical capacitors to Finland, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by China, 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: the Netherlands (X% per year) and China (X% per year).

Import Prices by Country

The average capacitor import price stood at $X per thousand units in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per thousand units in 2012; however, from 2013 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 Mexico ($X per thousand units), while the price for Belgium ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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