Finland: Data Processing Server Market 2024

Data Processing Server Market Size in Finland

In 2022, the Finnish data processing server market increased by 13% to $X, rising for the second year in a row after three years of decline. Overall, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +13.2% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Data Processing Server Production in Finland

In value terms, data processing server production fell to $X in 2022 estimated in export price. Overall, production, however, saw a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 114%. Data processing server production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Data Processing Server Exports

Exports from Finland

In 2022, after two years of growth, there was significant decline in shipments abroad of data processing servers, when their volume decreased by -50.6% to X units. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 285%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, data processing server exports shrank significantly to $X in 2022. In general, exports showed a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for data processing server exports from Finland, accounting for a 70% share of total exports. Moreover, data processing server exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X units), ninefold. Poland (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-1.8% per year) and Poland (+19.2% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for data processing servers exports from Finland, comprising 35% of total exports. The second position in the ranking was taken by Germany ($X), with a 7% share of total exports. It was followed by the United States, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.2% per year) and the United States (-0.4% per year).

Export Prices by Country

In 2022, the average data processing server export price amounted to $X per unit, growing by 61% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 797%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 Germany (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.

Data Processing Server Imports

Imports into Finland

After two years of growth, purchases abroad of data processing servers decreased by -10.7% to X units in 2022. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 58%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, data processing server imports contracted to $X in 2022. In general, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest data processing server supplier to Finland, with a 74% share of total imports. Moreover, data processing server imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 30% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+42.2% per year) and the Netherlands (+76.1% per year).

In value terms, the Netherlands ($X), Germany ($X) and Sweden ($X) were the largest data processing server suppliers to Finland, together comprising 67% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +71.0%, recorded 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 data processing server import price stood at $X per unit in 2022, which is down by -4.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 56%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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