Finland: Overview of the Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2019

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Finland

The revenue of the turbo-jet (under X kn) market in Finland amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, turbo-jet (under X kn) consumption continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2017 when the market value increased by X% y-o-y. Over the period under review, the turbo-jet (under X kn) market attained its maximum level in 2018 and is likely to see steady growth in the near future.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from Finland

In 2018, the turbo-jet (under X kn) exports from Finland amounted to X units, rising by X% against the previous year. Overall, turbo-jet (under X kn) exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. In that year, turbo-jet (under X kn) exports reached their peak of X units. From 2011 to 2018, the growth of turbo-jet (under X kn) exports remained at a lower figure.

In value terms, turbo-jet (under X kn) exports totaled $X in 2018. In general, turbo-jet (under X kn) exports continue to indicate an extraordinary increase. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Singapore (X units) was the main destination for turbo-jet (under X kn) exports from Finland, accounting for a X% share of total exports. Moreover, turbo-jet (under X kn) exports to Singapore exceeded the volume sent to the second major destination, Israel (X units), tenfold.

From 2007 to 2018, the average annual growth rate of volume to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Russia (-X% per year).

In value terms, Russia ($X) remains the key foreign market for turbo-jet (under X kn) exports from Finland, comprising X% of total turbo-jet (under X kn) exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports.

From 2007 to 2018, the average annual growth rate of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2018, the average turbo-jet (under X kn) export price amounted to $X per unit, coming down by -X% against the previous year. In general, the turbo-jet (under X kn) export price, however, continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for turbo-jets of a thrust not exceeding X kn attained their peak figure at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into Finland

In 2018, the imports of turbo-jets of a thrust not exceeding X kn into Finland totaled X units, jumping by X% against the previous year. In general, turbo-jet (under X kn) imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, turbo-jet (under X kn) imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, turbo-jet (under X kn) imports totaled $X in 2018. In general, turbo-jet (under X kn) imports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, turbo-jet (under X kn) imports reached their maximum at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

The Netherlands (X units) and the U.S. (X units) were the main suppliers of turbo-jet (under X kn) imports to Finland, together accounting for X% 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 Netherlands (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of turbo-jet (under X kn) to Finland, comprising X% of total turbo-jet (under X kn) imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

In 2018, the average turbo-jet (under X kn) import price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the turbo-jet (under X kn) import price, however, continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. The import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while the price for the Netherlands stood at $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform