Finland: Market for Base Metal Automatic Door Closers 2025

Market Size for Base Metal Automatic Door Closers in Finland

In 2021, the Finnish metal automatic door closer market decreased by -88.9% to $X, falling for the third year in a row after two years of growth. In general, consumption faced a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Base Metal Automatic Door Closers in Finland

In value terms, metal automatic door closer production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by 28% against the previous year. Over the period under review, production reached the maximum level in 2021 and is expected to retain growth in years to come.

Exports of Base Metal Automatic Door Closers

Exports from Finland

In 2021, the amount of base metal automatic door closers exported from Finland expanded sharply to X tons, increasing by 7.8% on the year before. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. The exports peaked at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, metal automatic door closer exports rose notably to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for metal automatic door closer exports from Finland, accounting for a 32% share of total exports. Moreover, metal automatic door closer exports to the United States exceeded the volume sent to the second major destination, Australia (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+8.7% per year) and the Netherlands (+16.0% per year).

In value terms, the largest markets for metal automatic door closer exported from Finland were the United States ($X), Australia ($X) and Sweden ($X), with a combined 48% share of total exports. These countries were followed by Germany, the Netherlands, Poland, France, Spain, Estonia, the Czech Republic, the UK, Russia and Norway, which together accounted for a further 42%.

Among the main countries of destination, Germany, with a CAGR of +22.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal automatic door closer export price amounted to $X per ton, picking up by 5.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.2% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the United States ($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 Norway (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Automatic Door Closers

Imports into Finland

Metal automatic door closer imports into Finland stood at X tons in 2021, surging by 4.3% on the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 21% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, metal automatic door closer imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 13%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest metal automatic door closer supplier to Finland, with a 64% share of total imports. Moreover, metal automatic door closer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Singapore (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.7% per year) and Singapore (+8.5% per year).

In value terms, China ($X), Germany ($X) and Singapore ($X) were the largest metal automatic door closer suppliers to Finland, together comprising 90% of total imports.

Germany, with a CAGR of +15.0%, recorded the highest growth rate of 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

The average metal automatic door closer import price stood at $X per ton in 2021, increasing by 8.1% against the previous year. Over the last nine years, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2013 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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