Finland: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Finland

The Finnish non-hydraulic press market stood at $X in 2021, with an increase of 3.2% against the previous year. Overall, consumption showed a measured expansion. Non-hydraulic press consumption peaked in 2021 and is expected to retain growth in years to come.

Non-Hydraulic Press Production in Finland

In value terms, non-hydraulic press production dropped dramatically to $X in 2021 estimated in export price. In general, production recorded a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 87%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Non-Hydraulic Press Exports

Exports from Finland

In 2021, overseas shipments of non-hydraulic presses for working metal increased by 84% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 172%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-hydraulic press exports soared to $X in 2021. Overall, exports, however, saw a noticeable slump. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X units), Sweden (X units) and Russia (X units) were the main destinations of non-hydraulic press exports from Finland, with a combined 83% share of total exports. These countries were followed by Mexico, the Czech Republic and Hungary, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +26.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the key foreign market for non-hydraulic presses for working metal exports from Finland, comprising 58% of total exports. The second position in the ranking was held by Mexico ($X), with a 17% share of total exports. It was followed by Sweden, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland amounted to +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+9.7% per year) and Sweden (0.0% per year).

Export Prices by Country

In 2021, the average non-hydraulic press export price amounted to $X per unit, growing by 44% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when the average export price increased by 86%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Russia ($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 Turkey (+56.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into Finland

In 2021, approx. X units of non-hydraulic presses for working metal were imported into Finland; rising by 274% on 2020. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-hydraulic press imports soared to $X in 2021. Overall, imports saw temperate growth. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest non-hydraulic press supplier to Finland, accounting for a 68% share of total imports. Moreover, non-hydraulic press imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), sevenfold. The third position in this ranking was taken by Spain (X units), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and Spain (-12.0% per year).

In value terms, Germany ($X) constituted the largest supplier of non-hydraulic presses for working metal to Finland, comprising 88% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 2.6% share of total imports. It was followed by Italy, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +38.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+89.2% per year) and Italy (-16.6% per year).

Import Prices by Country

The average non-hydraulic press import price stood at $X per unit in 2021, surging by 6.2% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-hydraulic press import price increased by +13.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 118%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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