Finland: Market for Process Control, Gate, Globe and Other Valves 2024

Market Size for Process Control, Gate, Globe and Other Valves in Finland

The Finnish market for process control, gate, globe and other valves reduced to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Process Control, Gate, Globe and Other Valves in Finland

In value terms, production of process control, gate, globe and other valves contracted to $X in 2022 estimated in export price. Overall, production showed a noticeable slump. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Finland

In 2022, shipments abroad of process control, gate, globe and other valves decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, exports showed a pronounced reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of process control, gate, globe and other valves shrank to $X in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of exports of process control, gate, globe and other valves from Finland, together accounting for X% of total exports. Poland, Russia, Indonesia, the United States, Estonia, France, Italy, Denmark, Spain and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Sweden ($X) appeared to be the largest markets for process control, gate, globe and other valves exported from Finland worldwide, together comprising X% of total exports. Russia, Poland, Estonia, France, the United States, Indonesia, the Netherlands, Italy, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for process control, gate, globe and other valves stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price showed a mild slump. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Poland ($X per ton) 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 mixed trend patterns.

Imports of Process Control, Gate, Globe and Other Valves

Imports into Finland

Imports of process control, gate, globe and other valves into Finland soared to X tons in 2022, growing by X% against the previous year. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of process control, gate, globe and other valves expanded markedly to $X in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Denmark (X tons) and China (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Finland, with a combined X% share of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of process control, gate, globe and other valves to Finland, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average import price for process control, gate, globe and other valves amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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