Finland: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Finland

The Finnish jacks and hoists market shrank to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated slight 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 increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Jacks And Hoists Production in Finland

In value terms, jacks and hoists production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Jacks And Hoists Exports

Exports from Finland

In 2022, the amount of jacks and hoists for raising vehicles exported from Finland dropped sharply to X units, waning by X% against 2021 figures. Over the period under review, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, jacks and hoists exports dropped rapidly to $X in 2022. Overall, total exports indicated a mild increase 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. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped sharply in the following year.

Exports by Country

Latvia (X units), Estonia (X units) and India (X units) were the main destinations of jacks and hoists exports from Finland, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jacks and hoists exported from Finland were Estonia ($X), Russia ($X) and Poland ($X), with a combined X% share of total exports. The United States, China, Latvia, India, Brazil, Sweden and Lithuania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Brazil, with a CAGR of X%, saw the highest growth rate of 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 jacks and hoists export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

Jacks And Hoists Imports

Imports into Finland

In 2022, approx. X units of jacks and hoists for raising vehicles were imported into Finland; reducing by X% on 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, jacks and hoists imports shrank to $X in 2022. Over the period under review, total imports indicated moderate 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X units) constituted the largest jacks and hoists supplier to Finland, with a X% share of total imports. Moreover, jacks and hoists imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), fourfold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to 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, China ($X), Sweden ($X) and Germany ($X) were the largest jacks and hoists suppliers to Finland, together comprising X% of total imports. Austria and Italy lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jacks and hoists import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price 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, jacks and hoists import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform

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