Finland: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Finland

The Finnish telephone apparatus market dropped significantly to $X in 2022, reducing by -22.8% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Telephone apparatus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Telephone Apparatus Production in Finland

In value terms, telephone apparatus production declined rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by 280%. As a result, production attained the peak level of $X, and then declined rapidly in the following year.

Telephone Apparatus Exports

Exports from Finland

Telephone apparatus exports from Finland fell rapidly to X tons in 2022, reducing by -43.4% against 2021 figures. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 68% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports contracted dramatically to $X in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 24%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for telephone apparatus exports from Finland, accounting for a 18% share of total exports. Moreover, telephone apparatus exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was held by China (X tons), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.5% per year) and China (-9.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for telephone apparatus exports from Finland, comprising 21% of total exports. The second position in the ranking was held by the United States ($X), with a 10% share of total exports. It was followed by Sweden, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.8% per year) and Sweden (-0.1% per year).

Export Prices by Country

The average telephone apparatus export price stood at $X per ton in 2021, shrinking by -9.3% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Finland

In 2022, imports of telephone apparatus into Finland shrank to X tons, waning by -11% on the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 26%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, telephone apparatus imports declined dramatically to $X in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 16%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), China (X tons) and Sweden (X tons) were the main suppliers of telephone apparatus imports to Finland, with a combined 34% share of total imports. Hungary, the Czech Republic, Germany, Denmark, Poland, Estonia, the United States, Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the Netherlands ($X) and China ($X) constituted the largest telephone apparatus suppliers to Finland, with a combined 66% share of total imports.

The Netherlands, with a CAGR of +27.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, increasing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2014 an increase of 44% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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