Finland: Bottle Cleaning Machine Market 2024

Bottle Cleaning Machine Market Size in Finland

The Finnish bottle cleaning machine market dropped notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Bottle Cleaning Machine Production in Finland

In value terms, bottle cleaning machine production declined sharply to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Bottle cleaning machine production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Bottle Cleaning Machine Exports

Exports from Finland

For the third consecutive year, Finland recorded decline in shipments abroad of machinery for cleaning or drying bottles, which decreased by X% to X units in 2022. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, bottle cleaning machine exports contracted rapidly to $X in 2022. Overall, exports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for bottle cleaning machine exports from Finland, accounting for a X% share of total exports. Moreover, bottle cleaning machine exports to Estonia exceeded the volume sent to the second major destination, Argentina (X units), more than tenfold. Norway (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Norway (X% per year).

In value terms, Estonia ($X) remains the key foreign market for machinery for cleaning or drying bottles exports from Finland, comprising X% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Estonia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Colombia (X% per year).

Export Prices by Country

The average bottle cleaning machine export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

Bottle Cleaning Machine Imports

Imports into Finland

In 2022, overseas purchases of machinery for cleaning or drying bottles increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bottle cleaning machine imports skyrocketed to $X in 2022. Overall, imports recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X units), Denmark (X units) and Slovenia (X units) were the main suppliers of bottle cleaning machine imports to Finland, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Denmark ($X) and Slovenia ($X) constituted the largest bottle cleaning machine suppliers to Finland, with a combined X% share of total imports. Sweden, Germany, Austria, the UK, Poland, the Netherlands, Belgium and China lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 bottle cleaning machine import price amounted to $X per unit, waning by X% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bottle cleaning machine import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then reduced in the following year.

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

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

Source: IndexBox Platform

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