Finland: Overview of the Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2021

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Finland

The Finnish market for equipment for scaffolding, shuttering, propping or pit propping fell remarkably to $X in 2020, which is down by -X% against the previous year. Overall, consumption continues to indicate a perceptible decrease. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Scaffolding, shuttering, and propping equipment consumption peaked at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in Finland

In value terms, scaffolding, shuttering, and propping equipment production dropped to $X in 2020 estimated in export prices. Overall, production saw a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth failed to regain the momentum.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports from Finland

In 2020, exports of equipment for scaffolding, shuttering, propping or pit propping from Finland rose markedly to X tonnes, increasing by X% on the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports soared to $X in 2020. Over the period under review, exports recorded a mild increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for scaffolding, shuttering, and propping equipment exports from Finland, accounting for a X% share of total exports. Moreover, scaffolding, shuttering, and propping equipment exports to Germany exceeded the volume sent to the second major destination, Austria (X tonnes), twofold. The third position in this ranking was occupied by Sweden (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Sweden (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for scaffolding, shuttering, and propping equipment exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2020, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per tonne, rising by X% against the previous year. Overall, the export price saw a modest increase. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2010; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination; the country with the highest price was Estonia ($X per tonne), while the average price for exports to Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports into Finland

In 2020, the amount of equipment for scaffolding, shuttering, propping or pit propping imported into Finland fell markedly to X tonnes, reducing by -X% compared with the previous year's figure. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then contracted significantly in the following year.

In value terms, scaffolding, shuttering, and propping equipment imports reduced remarkably to $X in 2020. In general, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest scaffolding, shuttering, and propping equipment supplier to Finland, accounting for a X% share of total imports. Moreover, scaffolding, shuttering, and propping equipment imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), threefold. Austria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Austria (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of scaffolding, shuttering, and propping equipment to Finland, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Sweden (+X% per year).

Import Prices by Country

In 2020, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Norway ($X per tonne) and China ($X per tonne), while the price for Sweden ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for equipment for scaffolding, shuttering, propping or pit propping in the world?

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The countries with the highest volumes of scaffolding, shuttering, and propping equipment consumption in 2020 were India (4.4M tonnes), China (2.4M tonnes) and the U.S. (1.2M tonnes), with a combined 53% share of global consumption.

What are the largest producers of equipment for scaffolding, shuttering, propping or pit propping in the world?

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The countries with the highest volumes of scaffolding, shuttering, and propping equipment production in 2020 were India (4.5M tonnes), China (3M tonnes) and the U.S. (1.1M tonnes), with a combined 56% share of global production.

What are the leading suppliers of equipment for scaffolding, shuttering, propping or pit propping to Finland?

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In value terms, Germany ($13M) constituted the largest supplier of scaffolding, shuttering, and propping equipment to Finland, comprising 46% of total imports. The second position in the ranking was occupied by Austria ($3.6M), with a 12% share of total imports. It was followed by Sweden, with a 12% share.

What are the leading importers of equipment for scaffolding, shuttering, propping or pit propping from Finland?

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In value terms, Germany ($3M) emerged as the key foreign market for scaffolding, shuttering, and propping equipment exports from Finland, comprising 31% of total exports. The second position in the ranking was occupied by Austria ($1.2M), with a 12% share of total exports. It was followed by Sweden, with a 11% share.

What is the average export price for equipment for scaffolding, shuttering, propping or pit propping in Finland?

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In 2020, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $3,017 per tonne, with an increase of 7.2% against the previous year.

What is the average import price for equipment for scaffolding, shuttering, propping or pit propping in Finland?

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In 2020, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $2,401 per tonne, which is down by -9.2% against the previous year.