Finland: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in Finland

The Finnish electronic material tester market was finally on the rise to reach $X in 2021, after three years of decline. Overall, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Electronic material tester consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Electronic Material Tester Production in Finland

In value terms, electronic material tester production declined slightly to $X in 2021 estimated in export price. Overall, production, however, saw a dramatic curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 28% against the previous year. Electronic material tester production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electronic Material Tester Exports

Exports from Finland

In 2021, shipments abroad of electronic machines and appliances for testing materials was finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 125%. 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, electronic material tester exports reduced dramatically to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 55%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for electronic material tester exports from Finland, with a 29% share of total exports. Moreover, electronic material tester exports to Russia exceeded the volume sent to the second major destination, China (X units), twofold. The United States (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+0.8% per year) and the United States (-6.9% per year).

In value terms, China ($X) emerged as the key foreign market for electronic machines and appliances for testing materials exports from Finland, comprising 27% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total exports. It was followed by Australia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+208.5% per year) and Australia (+18.5% per year).

Export Prices by Country

The average electronic material tester export price stood at $X per unit in 2021, falling by -43.3% against the previous year. Overall, the export price, however, saw buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 300%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then declined rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Russia ($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 Saudi Arabia (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Finland

After two years of decline, supplies from abroad of electronic machines and appliances for testing materials increased by 73% to X units in 2021. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of 145%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic material tester imports shrank slightly to $X in 2021. Overall, imports, however, saw a noticeable downturn. The growth pace was the most rapid in 2017 with an increase of 54%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), Denmark (X units) and the United States (X units) were the main suppliers of electronic material tester imports to Finland, together comprising 67% of total imports. These countries were followed by China, Sweden, Turkey, Austria, the UK, Italy and Canada, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +50.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electronic machines and appliances for testing materials to Finland, comprising 44% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.0% per year) and Sweden (-11.0% per year).

Import Prices by Country

In 2021, the average electronic material tester import price amounted to $X per unit, declining by -42.9% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 297% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Turkey ($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 UK (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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