Finland: Printing Components Market 2024

Printing Components Market Size in Finland

The Finnish printing components market dropped to $X in 2022, with a decrease of -1.6% against the previous year. In general, consumption, however, recorded a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Printing Components Production in Finland

In value terms, printing components production fell slightly to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when the production volume increased by 32%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Printing Components Exports

Exports from Finland

For the third consecutive year, Finland recorded decline in shipments abroad of printing components, which decreased by -23.1% to X tons in 2022. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of 23% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing components exports reduced sharply to $X in 2022. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 8.7%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X tons) was the main destination for printing components exports from Finland, with a 85% share of total exports. Moreover, printing components exports to Latvia exceeded the volume sent to the second major destination, Lithuania (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Latvia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-18.5% per year) and Estonia (-29.7% per year).

In value terms, Latvia ($X) emerged as the key foreign market for printing components exports from Finland, comprising 77% of total exports. The second position in the ranking was taken by Lithuania ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia stood at -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-22.7% per year) and Estonia (-29.5% per year).

Export Prices by Country

The average printing components export price stood at $X per ton in 2022, rising by 3.2% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+0.3%), while the prices for the other major destinations experienced a decline.

Printing Components Imports

Imports into Finland

In 2022, imports of printing components into Finland declined to X tons, waning by -14.2% against the previous year's figure. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 2.5%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, printing components imports reduced remarkably to $X in 2022. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 1.5%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the main printing components supplier to Finland, with a 92% share of total imports. Moreover, printing components imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-28.0% per year) and China (+43.8% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of printing components to Finland, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with a 7% share of total imports. It was followed by the UK, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.5% per year) and the UK (-21.5% per year).

Import Prices by Country

The average printing components import price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 8.4%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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