Finland: Printing Press Market 2024

Printing Press Market Size in Finland

The Finnish printing press market contracted to $X in 2022, with a decrease of -13.6% against the previous year. Over the period under review, consumption saw a prominent expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Printing Press Production in Finland

In value terms, printing press production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 183% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Printing Press Exports

Exports from Finland

In 2022, exports of printing presses from Finland surged to X units, jumping by 85% compared with the previous year. Over the period under review, exports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of 187% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, printing press exports dropped significantly to $X in 2022. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X units), Kazakhstan (X units) and Russia (X units) were the main destinations of printing press exports from Finland, together accounting for 53% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +132.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for printing presses exports from Finland, comprising 34% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 16% share of total exports. It was followed by Ukraine, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+24.2% per year) and Ukraine (+5.8% per year).

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, with a decrease of -70.6% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 168%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 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 Ukraine ($X per unit), while the average price for exports to Kazakhstan ($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 South Korea (+81.4%), while the prices for the other major destinations experienced mixed trend patterns.

Printing Press Imports

Imports into Finland

In 2022, after two years of decline, there was significant growth in supplies from abroad of printing presses, when their volume increased by 200% to X units. Overall, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 230%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, printing press imports surged to $X in 2022. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 144% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest printing press supplier to Finland, with a 61% share of total imports. Moreover, printing press imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Sweden (X units), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.0% per year) and Sweden (+5.8% per year).

In value terms, Germany ($X) constituted the largest supplier of printing presses to Finland, comprising 81% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by Denmark, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.1% per year) and Denmark (-12.4% per year).

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, falling by -30% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 343%. The import price peaked at $X per unit in 2021, and then fell notably in the following year.

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 ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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