
Finland - Thread Rolling Machines for Working Metal, Sintered Metal Carbides or Cermets - Market Analysis, Forecast, Size, Trends and Insights
Finland: Thread Rolling Machine Market 2023
Thread Rolling Machine Market Size in Finland
In 2021, the Finnish thread rolling machine market decreased by -92.1% to $X, falling for the third consecutive year after four years of growth. In general, consumption recorded a dramatic setback. The growth pace was the most rapid in 2018 when the market value increased by 9.2%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Thread Rolling Machine Production in Finland
In value terms, thread rolling machine production expanded modestly to $X in 2021 estimated in export price. Overall, production showed a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of 13%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Thread Rolling Machine Exports
Exports from Finland
In 2021, thread rolling machine exports from Finland soared to X units, picking up by 132% against the previous year. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, thread rolling machine exports soared to $X in 2021. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Germany (X units), Estonia (X units) and Portugal (X units) were the main destinations of thread rolling machine exports from Finland, with a combined 57% share of total exports. Moreover, thread rolling machine exports in Germany exceeded the figures recorded by the second-largest exporter, Estonia, twofold.
From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +100.0%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for thread rolling machine exported from Finland were Germany ($X), Portugal ($X) and Estonia ($X), together comprising 62% of total exports.
Germany, with a CAGR of +103.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 thread rolling machine export price stood at $X per unit in 2021, which is down by -2.9% against the previous year. Over the period under review, the export price saw a pronounced contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then declined modestly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Portugal ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.
From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the thread rolling machine 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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