Finland: Engine Generator Market Overview 2020

Engine Generator Market Size in Finland

The revenue of the engine generator market in Finland amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, engine generator consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Over the period under review, the engine generator market reached its peak figure level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Engine Generator Exports

Exports from Finland

Engine generator exports from Finland totaled X tonnes in 2018, picking up by X% against the previous year. Overall, engine generator exports, however, continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, engine generator exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, engine generator exports stood at $X in 2018. Over the period under review, engine generator exports, however, continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, engine generator exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), Estonia (X tonnes) and Sweden (X tonnes) were the main destinations of engine generator exports from Finland, with a combined X% share of total exports. Denmark, France, Japan and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan, while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for engine generator exported from Finland were Germany ($X), Sweden ($X) and Estonia ($X), together accounting for X% of total exports. Japan, Denmark, France and the U.S. lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average engine generator export price stood at $X per tonne in 2018, shrinking by -X% against the previous year. Over the period under review, the export price indicated a pronounced expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for generators for internal combustion engines attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for generators for internal combustion engines remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Finland

In 2018, approx. X tonnes of generators for internal combustion engines were imported into Finland; surging by X% against the previous year. Overall, engine generator imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, engine generator imports attained their maximum at X tonnes in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, engine generator imports totaled $X in 2018. In general, engine generator imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Spain (X tonnes) constituted the largest supplier of engine generator to Finland, accounting for a X% share of total imports. Moreover, engine generator imports from Spain exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), threefold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and France (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of engine generator to Finland, comprising X% of total engine generator imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the average engine generator import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the engine generator import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. In that year, the average import prices for generators for internal combustion engines reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average import prices for generators for internal combustion engines remained at a somewhat lower figure.

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

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

Source: IndexBox AI Platform