Finland: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Finland

In 2022, the Finnish multi-station transfer machine market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Multi-Station Transfer Machine Production in Finland

In value terms, multi-station transfer machine production fell markedly to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports from Finland

In 2021, shipments abroad of multi-station transfer machines for working metal decreased by X% to X units, falling for the second consecutive year after three years of decline. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, multi-station transfer machine exports stood at $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units), Germany (X units) and Switzerland (X units) were the main destinations of multi-station transfer machine exports from Finland. Moreover, multi-station transfer machine exports in the UK exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

Export Prices by Country

The average multi-station transfer machine export price stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Finland

For the sixth year in a row, Finland recorded growth in purchases abroad of multi-station transfer machines for working metal, which increased by X% to X units in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, multi-station transfer machine imports soared to $X in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), Japan (X units) and Poland (X units) were the main suppliers of multi-station transfer machine imports to Finland, with a combined X% share of total imports.

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

In value terms, the largest multi-station transfer machine suppliers to Finland were Germany ($X), Japan ($X) and Poland ($X), with a combined X% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average multi-station transfer machine import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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