Finland: Dc Motor Market 2025

Dc Motor Market Size in Finland

In 2022, the Finnish DC motor market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption peaked in 2022 and is expected to retain growth in the immediate term.

Dc Motor Production in Finland

In value terms, DC motor production dropped rapidly to $X in 2022 estimated in export price. Overall, production saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Dc Motor Exports

Exports from Finland

In 2022, the amount of DC motors exported from Finland amounted to X units, increasing by X% against 2021. Overall, exports recorded strong growth. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, DC motor exports contracted to $X in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Estonia (X units), Poland (X units) and Russia (X units) were the main destinations of DC motor exports from Finland, together comprising X% of total exports. Lithuania, China, Singapore, Hungary, Turkey, Latvia, Belgium, the UK, Germany and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, Poland ($X), Estonia ($X) and Russia ($X) appeared to be the largest markets for DC motor exported from Finland worldwide, together comprising X% of total exports. Germany, China, Turkey, Lithuania, Belgium, Latvia, Singapore, Hungary, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average DC motor export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Estonia ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dc Motor Imports

Imports into Finland

In 2022, overseas purchases of DC motors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, DC motor imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Germany (X units) and Vietnam (X units) were the main suppliers of DC motor imports to Finland, with a combined X% share of total imports. Cambodia, the Netherlands, Hong Kong SAR, the Czech Republic, Japan, Sweden, India, Estonia, Thailand and Switzerland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest DC motor suppliers to Finland were Germany ($X), China ($X) and the Netherlands ($X), together comprising X% of total imports. Japan, Sweden, Switzerland, Estonia, Vietnam, India, the Czech Republic, Thailand, Hong Kong SAR and Cambodia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average DC motor import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 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 Netherlands ($X per unit), while the price for Cambodia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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