Finland: Typewriter Market 2023

Typewriter Market Size in Finland

In 2021, the Finnish typewriter market increased by 19% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption, however, continues to indicate a precipitous slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Typewriter Production in Finland

In value terms, typewriter production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 4.4%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Typewriter Exports

Exports from Finland

For the fifth year in a row, Finland recorded decline in overseas shipments of typewriters and word-processing machines, which decreased by -6.5% to X units in 2021. Overall, exports, however, saw a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 4,700% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, typewriter exports declined significantly to $X in 2021. Over the period under review, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 3,492%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X units), Estonia (X units) and the United Arab Emirates (X units) were the main destinations of typewriter exports from Finland, with a combined 73% share of total exports.

From 2012 to 2019, the biggest increases were recorded for Sweden (with a CAGR of +76.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for typewriters and word-processing machines exports from Finland, comprising 61% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 26% share of total exports. It was followed by Estonia, with a 7.9% share.

From 2012 to 2019, the average annual rate of growth in terms of value to Sweden amounted to +49.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+16.9% per year) and Estonia (+18.4% per year).

Export Prices by Country

In 2019, the average typewriter export price amounted to $X per unit, falling by -9.6% against the previous year. Overall, the export price saw a slight curtailment. The pace of growth appeared the most rapid in 2015 an increase of 28%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2019, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Sweden ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Typewriter Imports

Imports into Finland

In 2021, purchases abroad of typewriters and word-processing machines decreased by -12.5% to X units, falling for the eighth consecutive year after two years of growth. Over the period under review, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 5.4%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, typewriter imports shrank slightly to $X in 2021. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2013 with an increase of 2.2% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2019, Belgium (X units) constituted the largest typewriter supplier to Finland, accounting for a 67% share of total imports. Moreover, typewriter imports from Belgium exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold.

From 2012 to 2019, the average annual growth rate of volume from Belgium stood at -36.3%.

In value terms, the UK ($X) constituted the largest supplier of typewriters and word-processing machines to Finland, comprising 55% of total imports. The second position in the ranking was taken by Belgium ($X), with a 27% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2019, the average annual rate of growth in terms of value from the UK totaled -21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-34.6% per year) and Germany (-53.6% per year).

Import Prices by Country

In 2019, the average typewriter import price amounted to $X per unit, growing by 19% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2015 when the average import price increased by 136%. Over the period under review, average import prices attained the maximum in 2019 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the UK (+81.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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