Finland: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Finland

In 2022, after two years of growth, there was significant decline in the Finnish market for reel fed offset printing machinery, when its value decreased by X% to $X. In general, consumption, however, showed a buoyant expansion. Reel fed offset printing machinery consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Reel Fed Offset Printing Machinery in Finland

In value terms, reel fed offset printing machinery production surged to $X in 2022 estimated in export price. Overall, production enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports from Finland

Reel fed offset printing machinery exports from Finland surged to X units in 2022, rising by X% on 2021 figures. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed offset printing machinery exports surged to $X in 2022. Overall, exports, however, saw a noticeable downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for reel fed offset printing machinery exports from Finland, accounting for a X% share of total exports. Moreover, reel fed offset printing machinery exports to China exceeded the volume sent to the second major destination, Togo (X units), fourfold. The Philippines (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 China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Togo (X% per year) and the Philippines (X% per year).

In value terms, China ($X) emerged as the key foreign market for reel fed offset printing machinery exports from Finland, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and India (X% per year).

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 India ($X per unit), while the average price for exports to South Korea ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Offset Printing Machinery

Imports into Finland

Reel fed offset printing machinery imports into Finland plummeted to X units in 2022, declining by X% on 2021. In general, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports surged to $X in 2022. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units) and Turkey (X units) were the main suppliers of reel fed offset printing machinery imports to Finland.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, the Netherlands ($X) constituted the largest supplier of reel fed offset printing machinery to Finland, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled X%.

Import Prices by Country

In 2022, the average import price for reel fed offset printing machinery amounted to $X per unit, picking up by X% against the previous year. Overall, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey stood at $X per unit.

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

Source: IndexBox Platform

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