Finland: Printed Circuit Market 2024

Printed Circuit Market Size in Finland

The Finnish printed circuit market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, recorded a abrupt contraction. Printed circuit consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Printed Circuit Production in Finland

In value terms, printed circuit production shrank to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Printed Circuit Exports

Exports from Finland

For the fourth consecutive year, Finland recorded growth in overseas shipments of printed circuits, which increased by X% to X units in 2022. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, printed circuit exports surged to $X in 2022. Over the period under review, exports showed a moderate increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for printed circuit exports from Finland, accounting for a X% share of total exports. Moreover, printed circuit exports to Germany exceeded the volume sent to the second major destination, Estonia (X units), threefold. Poland (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for printed circuits exports from Finland, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average printed circuit export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Printed Circuit Imports

Imports into Finland

In 2022, imports of printed circuits into Finland reached X units, surging by X% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, printed circuit imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Hong Kong SAR (X units), China (X units) and Sweden (X units) were the main suppliers of printed circuit imports to Finland, with a combined X% share of total imports. Estonia, Hungary, Slovakia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Hungary ($X) appeared to be the largest printed circuit suppliers to Finland, with a combined X% share of total imports.

Among the main suppliers, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average printed circuit import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Slovakia ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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