Finland: Railway Construction Market Overview 2020

Railway Construction Market Size in Finland

The revenue of the railway construction market in Finland amounted to $X in 2018, surging by X% against the previous year. In general, railway construction consumption, however, continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Over the period under review, the railway construction market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Railway Construction Production in Finland

In value terms, railway construction production amounted to $X in 2018 estimated in export prices. Over the period under review, railway construction production continues to indicate an abrupt downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Railway construction production peaked at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

Railway Construction Exports

Exports from Finland

Railway construction exports from Finland totaled X tonnes in 2018, dropping by -X% against the previous year. In general, railway construction exports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, railway construction exports amounted to $X in 2018. In general, railway construction exports continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes), Saudi Arabia (X tonnes) and the Netherlands (X tonnes) were the main destinations of railway construction exports from Finland, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the Netherlands ($X) and France ($X) were the largest markets for railway construction exported from Finland worldwide, with a combined X% share of total exports.

France (+X% per year) experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average railway construction export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, railway construction export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for railway or tramway track construction material of iron or steel attained their peak figure at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Greece ($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 Qatar, while the prices for the other major destinations experienced more modest paces of growth.

Railway Construction Imports

Imports into Finland

In 2018, the amount of railway or tramway track construction material of iron or steel imported into Finland totaled X tonnes, rising by X% against the previous year. In general, railway construction imports, however, continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, railway construction imports totaled $X in 2018. Over the period under review, railway construction imports, however, continue to indicate a deep descent. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, railway construction imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

The UK (X tonnes), Spain (X tonnes) and Sweden (X tonnes) were the main suppliers of railway construction imports to Finland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction suppliers to Finland were the UK ($X), Spain ($X) and France ($X), with a combined X% share of total imports.

The UK recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average railway construction import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the railway construction import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform