Finland: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Finland

The Finnish vapour generating boiler market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Vapour generating boiler consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vapour Generating Boiler Production in Finland

In value terms, vapour generating boiler production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced setback. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Vapour Generating Boiler Exports

Exports from Finland

In 2022, after three years of decline, there was significant growth in overseas shipments of vapour generating boilers, when their volume increased by X% to X tons. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vapour generating boiler exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons), Sweden (X tons) and Russia (X tons) were the main destinations of vapour generating boiler exports from Finland, with a combined X% share of total exports. Canada lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for vapour generating boilers exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average vapour generating boiler export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vapour generating boiler export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Generating Boiler Imports

Imports into Finland

In 2022, imports of vapour generating boilers into Finland surged to X tons, with an increase of X% compared with 2021 figures. Overall, imports showed a slight expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, vapour generating boiler imports surged to $X in 2022. In general, imports showed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Sweden (X tons) constituted the largest vapour generating boiler supplier to Finland, accounting for a X% share of total imports. Moreover, vapour generating boiler imports from Sweden exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, the largest vapour generating boiler suppliers to Finland were Sweden ($X), Italy ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vapour generating boiler import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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 more modest paces of growth.

Source: IndexBox Platform

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