Finland: Magnetic Media Market Overview 2020

Magnetic Media Market Size in Finland

The revenue of the magnetic media market in Finland amounted to $X in 2018, lowering by -X% against the previous year. Overall, magnetic media consumption continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Magnetic media consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Magnetic Media Production in Finland

In value terms, magnetic media production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2018 when production volume increased by X% year-to-year. In that year, magnetic media production attained its peak level and is likely to continue its growth in the immediate term.

Magnetic Media Exports

Exports from Finland

In 2018, the amount of magnetic media, not recorded, except cards with a magnetic stripe exported from Finland amounted to X tonnes, jumping by X% against the previous year. Over the period under review, magnetic media exports, however, continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, magnetic media exports reached their peak of X tonnes. From 2012 to 2018, the growth of magnetic media exports remained at a lower figure.

In value terms, magnetic media exports stood at $X in 2018. Over the period under review, magnetic media exports, however, continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, magnetic media exports attained their peak of $X. From 2012 to 2018, the growth of magnetic media exports remained at a lower figure.

Exports by Country

Russia (X tonnes) was the main destination for magnetic media exports from Finland, accounting for a X% share of total exports. Moreover, magnetic media exports to Russia exceeded the volume sent to the second major destination, South Africa (X tonnes), twofold. The third position in this ranking was occupied by Greece (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+X% per year) and Greece (+X% per year).

In value terms, the largest markets for magnetic media exported from Finland were Lithuania ($X), Russia ($X) and Estonia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Russia recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average magnetic media export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the magnetic media export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Lithuania ($X per tonne), while the average price for exports to Ireland ($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 Lithuania, while the prices for the other major destinations experienced mixed trend patterns.

Magnetic Media Imports

Imports into Finland

Magnetic media imports into Finland amounted to X tonnes in 2018, coming down by -X% against the previous year. Overall, magnetic media imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, magnetic media imports stood at $X in 2018. Overall, magnetic media imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2009 when imports increased by X% y-o-y. In that year, magnetic media imports attained their peak of $X. From 2010 to 2018, the growth of magnetic media imports remained at a lower figure.

Imports by Country

In 2018, Japan (X tonnes) constituted the largest magnetic media supplier to Finland, with a X% share of total imports. Moreover, magnetic media imports from Japan exceeded the figures recorded by the second-largest supplier, Bulgaria (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-X% per year) and the U.S. (+X% per year).

In value terms, Japan ($X) constituted the largest supplier of magnetic media to Finland, comprising X% of total magnetic media imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

The average magnetic media import price stood at $X per tonne in 2018, rising by X% against the previous year. In general, the magnetic media import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan, Chinese ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform