Finland: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in Finland

In 2022, after two years of growth, there was significant decline in the Finnish non-electric chainsaw market, when its value decreased by -14.6% to $X. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

Non-Electric Chainsaw Exports

Exports from Finland

In 2022, the amount of chainsaws with a self-contained non-electric motor exported from Finland soared to X units, with an increase of 33% compared with the previous year's figure. In general, exports, however, continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2015 with an increase of 44% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric chainsaw exports declined modestly to $X in 2022. Over the period under review, exports, however, showed a precipitous slump. The most prominent rate of growth was recorded in 2015 with an increase of 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Lithuania (X units) was the main destination for non-electric chainsaw exports from Finland, accounting for a 57% share of total exports. Moreover, non-electric chainsaw exports to Lithuania exceeded the volume sent to the second major destination, Estonia (X units), fivefold. The third position in this ranking was taken by Sweden (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania amounted to -14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-25.4% per year) and Sweden (-20.0% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for chainsaws with a self-contained non-electric motor exports from Finland, comprising 55% of total exports. The second position in the ranking was held by Estonia ($X), with a 19% share of total exports. It was followed by Sweden, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania amounted to -16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-22.7% per year) and Sweden (-21.5% per year).

Export Prices by Country

The average non-electric chainsaw export price stood at $X per unit in 2022, reducing by -28.4% against the previous year. Over the period under review, the export price saw a pronounced descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Gambia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Chainsaw Imports

Imports into Finland

In 2022, approx. X units of chainsaws with a self-contained non-electric motor were imported into Finland; declining by -15.6% on the year before. In general, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-electric chainsaw imports reduced to $X in 2022. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 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

China (X units), Germany (X units) and Japan (X units) were the main suppliers of non-electric chainsaw imports to Finland, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +18.3%), while imports for the other leaders experienced a decline.

In value terms, the largest non-electric chainsaw suppliers to Finland were Germany ($X), Sweden ($X) and Japan ($X), together accounting for 76% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +19.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average non-electric chainsaw import price stood at $X per unit in 2022, rising by 1.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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