Finland: Market for Cabinets And Cases For Transmission And Reception Apparatus 2025

Market Size for Cabinets And Cases For Transmission And Reception Apparatus in Finland

In 2021, after three years of growth, there was significant decline in the Finnish receivers and transmitters case market, when its value decreased by -29% to $X. In general, consumption continues to indicate a slight decline. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Production of Cabinets And Cases For Transmission And Reception Apparatus in Finland

In value terms, receivers and transmitters case production declined dramatically to $X in 2021 estimated in export price. Over the period under review, production recorded a sharp reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 98%. Receivers and transmitters case production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Cabinets And Cases For Transmission And Reception Apparatus

Exports from Finland

In 2021, exports of cabinets and cases for transmission and reception apparatus from Finland dropped to X units, falling by -10.7% against the previous year's figure. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, receivers and transmitters case exports reduced to $X in 2021. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 240% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

China (X units) was the main destination for receivers and transmitters case exports from Finland, with a 46% share of total exports. Moreover, receivers and transmitters case exports to China exceeded the volume sent to the second major destination, Sweden (X units), fivefold. The United States (X units) ranked third in terms of total exports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+13.1% per year) and the United States (+4.8% per year).

In value terms, China ($X) remains the key foreign market for cabinets and cases for transmission and reception apparatus exports from Finland, comprising 76% of total exports. The second position in the ranking was taken by South Korea ($X), with a 5% share of total exports. It was followed by the United States, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+51.7% per year) and the United States (+19.4% per year).

Export Prices by Country

In 2021, the average receivers and transmitters case export price amounted to $X per unit, rising by 8.1% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 127% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cabinets And Cases For Transmission And Reception Apparatus

Imports into Finland

In 2021, approx. X units of cabinets and cases for transmission and reception apparatus were imported into Finland; rising by 27% on 2020. In general, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by 50%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, receivers and transmitters case imports skyrocketed to $X in 2021. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 49%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), Sweden (X units) and the Netherlands (X units) were the main suppliers of receivers and transmitters case imports to Finland, together accounting for 64% of total imports. These countries were followed by Vietnam, Belgium, Germany, Japan, the United States, Estonia and Taiwan (Chinese), which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +245.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Sweden ($X) and China ($X) appeared to be the largest receivers and transmitters case suppliers to Finland, with a combined 60% share of total imports. These countries were followed by the United States, Vietnam, Germany, the Netherlands, Belgium, Estonia and Taiwan (Chinese), which together accounted for a further 29%.

Among the main suppliers, Vietnam, with a CAGR of +188.8%, saw 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

The average receivers and transmitters case import price stood at $X per unit in 2021, declining by -3.2% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, receivers and transmitters case import price increased by +74.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 45%. As a result, import price reached the peak level of $X per unit, and then shrank modestly in the following year.

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 Japan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform