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Finland - Public-Transport Type Passenger Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Bus Market Overview 2021

Bus Market Size in Finland

In 2019, the Finnish bus market decreased by -X% to $X, falling for the seventh year in a row after three years of growth. Overall, consumption showed a drastic downturn. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Bus consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Bus Production in Finland

In value terms, bus production rose modestly to $X in 2019 estimated in export prices. Over the period under review, production posted buoyant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.

Bus Exports

Exports from Finland

In 2019, the amount of public-transport type passenger motor vehicles exported from Finland stood at X units, therefore, remained relatively stable against the year before. In general, exports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Exports peaked at X units in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, bus exports contracted to $X in 2019. Over the period under review, exports, however, recorded a slight setback. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Norway (X units), France (X units) and Sweden (X units) were the main destinations of bus exports from Finland, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in France (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for bus exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Norway stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Sweden (-X% per year).

Export Prices by Country

In 2019, the average bus export price amounted to $X per unit, remaining constant against the previous year. Over the period under review, export price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, bus export price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2011 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per unit), while the average price for exports to Estonia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced mixed trend patterns.

Bus Imports

Imports into Finland

Bus imports into Finland surged to X units in 2019, growing by X% compared with the previous year. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

In value terms, bus imports surged to $X in 2019. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Sweden (X units) constituted the largest bus supplier to Finland, accounting for a X% share of total imports. Moreover, bus imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fivefold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Sweden totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and China (+X% per year).

In value terms, the largest bus suppliers to Finland were Sweden ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total imports.

The Netherlands recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bus import price stood at $X per unit in 2019, shrinking by -X% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked at $X per unit in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for public-transport type passenger motor vehicles in the world?
+
The country with the largest volume of bus consumption was China (152K units), comprising approx. 18% of total volume. Moreover, bus consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (73K units), twofold. Turkey (61K units) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of public-transport type passenger motor vehicles in the world?
+
China (202K units) remains the largest bus producing country worldwide, comprising approx. 26% of total volume. Moreover, bus production in China exceeded the figures recorded by the second-largest producer, the U.S. (85K units), twofold. The third position in this ranking was occupied by Turkey (80K units), with a 10% share.
What are the leading suppliers of public-transport type passenger motor vehicles to Finland?
+
In value terms, Sweden ($28M), the Netherlands ($28M) and Poland ($18M) were the largest bus suppliers to Finland, with a combined 75% share of total imports.
What are the leading importers of public-transport type passenger motor vehicles from Finland?
+
In value terms, Norway ($39M) remains the key foreign market for bus exports from Finland, comprising 42% of total exports. The second position in the ranking was occupied by France ($15M), with a 16% share of total exports. It was followed by Sweden, with a 9% share.
What is the average export price for public-transport type passenger motor vehicles in Finland?
+
The average bus export price stood at $122,459 per unit in 2019, approximately reflecting the previous year.
What is the average import price for public-transport type passenger motor vehicles in Finland?
+
The average bus import price stood at $73,769 per unit in 2019, waning by -28.8% against the previous year.

Product coverage:
• Prodcom 29103000 - Motor vehicles for the transport of . .10 persons

This report provides an in-depth analysis of the bus market 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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