Finland: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Finland

The Finnish remote control apparatus market rose rapidly to $X in 2021, growing by 13% against the previous year. In general, consumption enjoyed strong growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Remote Control Apparatus Production in Finland

In value terms, remote control apparatus production shrank notably to $X in 2021 estimated in export price. In general, production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 309%. Remote control apparatus production peaked at $X in 2020, and then shrank markedly in the following year.

Remote Control Apparatus Exports

Exports from Finland

In 2021, after two years of growth, there was decline in shipments abroad of radio remote control apparatus, when their volume decreased by -1.5% to X tons. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 312% against the previous year. The exports peaked at X tons in 2020, and then contracted modestly in the following year.

In value terms, remote control apparatus exports shrank dramatically to $X in 2021. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2017 with an increase of 156% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then shrank dramatically in the following year.

Exports by Country

The United States (X tons), Germany (X tons) and Chile (X tons) were the main destinations of remote control apparatus exports from Finland, with a combined 33% share of total exports. South Africa, China, Mexico, Australia, France, Saudi Arabia, Turkey, the Czech Republic, India and Estonia lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +177.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and South Africa ($X) were the largest markets for remote control apparatus exported from Finland worldwide, together accounting for 32% of total exports. Australia, Estonia, Chile, China, the Czech Republic, France, Saudi Arabia, Mexico, Turkey and India lagged somewhat behind, together comprising a further 26%.

Saudi Arabia, with a CAGR of +140.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average remote control apparatus export price stood at $X per ton in 2021, reducing by -21% against the previous year. Overall, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 30%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Remote Control Apparatus Imports

Imports into Finland

In 2021, approx. X tons of radio remote control apparatus were imported into Finland; surging by 64% on 2020 figures. In general, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus imports surged to $X in 2021. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.8% against 2018 indices. The pace of growth was the most pronounced in 2017 when imports increased by 37%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and the Netherlands (X tons) were the main suppliers of remote control apparatus imports to Finland, with a combined 83% share of total imports. These countries were followed by Italy, Poland, Austria, Hungary, China and Spain, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +108.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of radio remote control apparatus to Finland, comprising 55% of total imports. The second position in the ranking was held by Sweden ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+7.0% per year) and the Netherlands (+34.4% per year).

Import Prices by Country

The average remote control apparatus import price stood at $X per ton in 2021, dropping by -25% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 an increase of 22%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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