Finland: Totaliser Market 2024

Totaliser Market Size in Finland

In 2021, after three years of growth, there was significant decline in the Finnish totaliser market, when its value decreased by -59.3% to $X. Overall, consumption continues to indicate a precipitous shrinkage. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Totaliser Production in Finland

In value terms, totaliser production expanded rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 189% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Totaliser Exports

Exports from Finland

In 2021, overseas shipments of continuous and discontinuous totalisers were finally on the rise to reach X units after three years of decline. Overall, exports posted a significant increase. The growth pace was the most rapid in 2014 with an increase of 567% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, totaliser exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 3,037%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for totaliser exports from Finland, accounting for a 97% share of total exports. It was followed by Saudi Arabia (X units), with a 3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +36.1%.

In value terms, Russia ($X) emerged as the key foreign market for continuous and discontinuous totalisers exports from Finland, comprising 96% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 4.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +47.1%.

Export Prices by Country

The average totaliser export price stood at $X per unit in 2021, growing by 203% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 976%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+3,009.2%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports

Imports into Finland

In 2021, overseas purchases of continuous and discontinuous totalisers decreased by -15.6% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2015 when imports increased by 1,238%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, totaliser imports fell markedly to $X in 2021. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by 324% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X units), Germany (X units) and Poland (X units) were the main suppliers of totaliser imports to Finland, together comprising 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +13.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of continuous and discontinuous totalisers to Finland, comprising 58% of total imports. The second position in the ranking was taken by Poland ($X), with an 18% share of total imports. It was followed by Japan, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-34.4% per year) and Japan (-5.5% per year).

Import Prices by Country

The average totaliser import price stood at $X per unit in 2021, with a decrease of -54.2% against the previous year. Over the period under review, the import price, however, showed a significant increase. The growth pace was the most rapid in 2020 an increase of 866%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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