Finland: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in Finland

The Finnish electronic metal tester market expanded slightly to $X in 2021, rising by 1.8% against the previous year. In general, consumption showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Metal Tester Production in Finland

In value terms, electronic metal tester production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 28% against the previous year. Electronic metal tester production peaked at $X in 2020, and then contracted slightly in the following year.

Electronic Metal Tester Exports

Exports from Finland

Electronic metal tester exports from Finland dropped remarkably to X units in 2021, with a decrease of -24.6% compared with the year before. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 688% against the previous year. As a result, the exports attained the peak of X units, and then contracted notably in the following year.

In value terms, electronic metal tester exports reduced slightly to $X in 2021. In general, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of 49%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and the UK (X units) were the main destinations of electronic metal tester exports from Finland, together accounting for 66% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +49.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electronic metal tester exported from Finland were Germany ($X), the United States ($X) and the UK ($X), with a combined 52% share of total exports. These countries were followed by China, Sweden, Poland, Russia and Iceland, which together accounted for a further 22%.

Russia, with a CAGR of +39.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, jumping by 27% against the previous year. Overall, the export price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 an increase of 288%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per unit), while the average price for exports to Iceland ($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 Sweden (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Metal Tester Imports

Imports into Finland

In 2021, the amount of electronic machines and appliances for testing metals imported into Finland reduced dramatically to X units, waning by -51.5% on the previous year. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 940%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, electronic metal tester imports contracted rapidly to $X in 2021. Overall, imports continue to indicate a deep setback. The growth pace was the most rapid in 2020 when imports increased by 133%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest electronic metal tester supplier to Finland, with a 40% share of total imports. Moreover, electronic metal tester imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X units), threefold. The UK (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+9.4% per year) and the UK (+28.2% per year).

In value terms, Germany ($X) constituted the largest supplier of electronic machines and appliances for testing metals to Finland, comprising 43% of total imports. The second position in the ranking was held by the UK ($X), with a 15% share of total imports. It was followed by China, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+25.4% per year) and China (+15.6% per year).

Import Prices by Country

In 2021, the average electronic metal tester import price amounted to $X per unit, surging by 33% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 214% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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