Finland: Crawler Tractor Market 2025

Crawler Tractor Market Size in Finland

The Finnish crawler tractor market shrank remarkably to $X in 2021, reducing by -35.7% against the previous year. In general, consumption showed a pronounced contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Crawler Tractor Production in Finland

In value terms, crawler tractor production shrank significantly to $X in 2021 estimated in export price. In general, production faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the production volume increased by 102% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Crawler Tractor Exports

Exports from Finland

In 2021, the amount of crawler tractors exported from Finland soared to X units, growing by 191% on 2020. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 550%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, crawler tractor exports soared to $X in 2021. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 410%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Estonia (X units) was the main destination for crawler tractor exports from Finland, with a 44% share of total exports. Moreover, crawler tractor exports to Estonia exceeded the volume sent to the second major destination, Belarus (X units), threefold. The third position in this ranking was held by Lithuania (X units), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia stood at +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+49.5% per year) and Lithuania (+123.6% per year).

In value terms, Estonia ($X), Belarus ($X) and Lithuania ($X) were the largest markets for crawler tractor exported from Finland worldwide, together accounting for 68% of total exports.

In terms of the main countries of destination, Lithuania, with a CAGR of +215.9%, saw the highest growth rate of 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

The average crawler tractor export price stood at $X per unit in 2021, which is down by -25.8% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2015 an increase of 139%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Latvia ($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 Lithuania (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crawler Tractor Imports

Imports into Finland

In 2021, the amount of crawler tractors imported into Finland surged to X units, rising by 22% compared with the previous year. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 483%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, crawler tractor imports surged to $X in 2021. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 1,005% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of crawler tractor to Finland, with a 73% share of total imports. Moreover, crawler tractor imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. Russia (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.1% per year) and Russia (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of crawler tractors to Finland, comprising 74% of total imports. The second position in the ranking was held by the United States ($X), with a 26% share of total imports. It was followed by Japan, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.4% per year) and Japan (-20.1% per year).

Import Prices by Country

In 2021, the average crawler tractor import price amounted to $X per unit, increasing by 18% against the previous year. Overall, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 102%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in years to come.

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 the United States ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+81.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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