
Finland - Machinery for Liquefying Air or Gases - Market Analysis, Forecast, Size, Trends and Insights
Finland: Market for Machinery for Liquefying Air or Gases 2023
Market Size for Machinery for Liquefying Air or Gases in Finland
The Finnish air or gas liquefier market fell to $X in 2022, with a decrease of -3.9% against the previous year. Over the period under review, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 +5.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.
Production of Machinery for Liquefying Air or Gases in Finland
In value terms, air or gas liquefier production reduced to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.
Exports of Machinery for Liquefying Air or Gases
Exports from Finland
In 2022, the amount of machinery for liquefying air or gases exported from Finland was estimated at X units, stabilizing at the year before. In general, exports saw a dramatic descent. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, air or gas liquefier exports shrank notably to $X in 2022. Over the period under review, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.
Exports by Country
Latvia (X units) and Lithuania (X units) were the main destinations of air or gas liquefier exports from Finland.
From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of 0.0%).
In value terms, the largest markets for air or gas liquefier exported from Finland were Lithuania ($X) and Latvia ($X).
Among the main countries of destination, Latvia, with a CAGR of +25.6%, recorded the highest growth rate of the value of exports, over the period under review.
Export Prices by Country
In 2022, the average air or gas liquefier export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price faced a sharp descent. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Latvia amounted to $X per unit.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-96.9%).
Imports of Machinery for Liquefying Air or Gases
Imports into Finland
In 2016, after two years of decline, there was decline in supplies from abroad of machinery for liquefying air or gases, when their volume decreased by 0% to X units. Overall, imports showed a sharp decline. The smallest decline of 99.9% was in 2014. Imports peaked at X units in 2013; however, from 2014 to 2016, imports failed to regain momentum.
In value terms, air or gas liquefier imports surged to $X in 2016. Over the period under review, imports showed a precipitous contraction. Imports peaked at $X in 2013; however, from 2014 to 2016, imports stood at a somewhat lower figure.
Imports by Country
From 2012 to 2022, the average annual rate of growth in terms of volume from No country was relatively modest.
From 2012 to 2022, the average annual rate of growth in terms of value from No country was relatively modest.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for air or gas liquefier in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the market for air or gas liquefier in Asia.
This report provides an in-depth analysis of the market for air or gas liquefier in the U.S..
This report provides an in-depth analysis of the market for air or gas liquefier in China.
This report provides an in-depth analysis of the market for air or gas liquefier in the EU.
This report provides an in-depth analysis of the global market for air or gas liquefier.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 04:00 pm ET