Finland: Invalid Carriage Market 2025

Invalid Carriage Market Size in Finland

The Finnish invalid carriage market dropped to $X in 2022, which is down by -7.5% against the previous year. Overall, consumption, however, recorded a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Invalid Carriage Production in Finland

In value terms, invalid carriage production rose notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2019 with an increase of 60%. Invalid carriage production peaked in 2022 and is likely to see gradual growth in the near future.

Invalid Carriage Exports

Exports from Finland

In 2022, overseas shipments of invalid carriages not mechanically propelled decreased by -77% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 950%. The exports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, invalid carriage exports shrank dramatically to $X in 2022. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 912% against the previous year. The exports peaked at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Norway (X units), Armenia (X units) and Russia (X units) were the main destinations of invalid carriage exports from Finland, with a combined 95% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +22.2%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for invalid carriages not mechanically propelled exports from Finland, comprising 87% of total exports. The second position in the ranking was held by Armenia ($X), with a 4.2% share of total exports. It was followed by Russia, with a 4% share.

From 2012 to 2022, the average annual growth rate of value to Norway totaled +24.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (0.0% per year) and Russia (-7.9% per year).

Export Prices by Country

In 2022, the average invalid carriage export price amounted to $X per unit, growing by 127% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2013 an increase of 250%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Kenya ($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 Kenya (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Invalid Carriage Imports

Imports into Finland

Invalid carriage imports into Finland dropped to X units in 2022, shrinking by -14.6% on the previous year. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 101%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, invalid carriage imports dropped to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 90% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of invalid carriage imports to Finland, with a combined 79% share of total imports. Sweden, Norway, Denmark, Poland, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +62.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest invalid carriage suppliers to Finland were Germany ($X), China ($X) and France ($X), with a combined 74% share of total imports.

France, with a CAGR of +51.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average invalid carriage import price amounted to $X per unit, increasing by 2.7% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, invalid carriage import price decreased by -19.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 61%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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