Finland - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Motor Handtools Price in Finland - 2023
Contents:
- Non-Electric Motor Handtools Price in Finland (CIF) - 2023
- Non-Electric Motor Handtools Price in Finland (FOB) - 2022
- Non-Electric Motor Handtools Imports in Finland
- Non-Electric Motor Handtools Exports in Finland
Non-Electric Motor Handtools Price in Finland (CIF) - 2023
The average non-electric motor handtools import price stood at $692 per unit in July 2023, jumping by 57% against the previous month. Over the period under review, the import price saw a buoyant expansion. The pace of growth appeared the most rapid in October 2022 an increase of 205% month-to-month. Over the period under review, average import prices hit record highs in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($4,042 per unit), while the price for the Netherlands ($279 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Motor Handtools Price in Finland (FOB) - 2022
The average non-electric motor handtools export price stood at $254 per unit in 2022, rising by 93% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $256 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Lithuania ($259 per unit), while the average price for exports to Hong Kong SAR ($141 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 the Netherlands (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Motor Handtools Imports in Finland
For the fourth consecutive year, Finland recorded growth in purchases abroad of handtools, hydraulic or with a self-contained non-electric motor, which increased by 32% to 144K units in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-electric motor handtools imports shrank to $13M in 2022. In general, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 5.3% against the previous year. Imports peaked at $15M in 2021, and then shrank in the following year.
| Import of Non-Electric Motor Handtools in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.1 | 2.6 | 2.9 | 2.4% |
| Germany | 3.3 | 3.7 | 3.7 | 2.8 | -5.3% |
| Poland | 0.1 | N/A | 0.1 | 2.6 | 196.2% |
| France | 1.1 | 1.1 | 1.3 | 1.0 | -3.1% |
| United States | 1.1 | 1.5 | 0.9 | 0.7 | -14.0% |
| Sweden | 3.6 | 4.5 | 4.0 | 0.5 | -48.2% |
| Austria | 0.6 | 0.7 | 0.5 | 0.5 | -5.9% |
| Netherlands | 0.4 | 0.1 | 0.2 | 0.3 | -9.1% |
| Singapore | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | 0.2 | 0.2 | 0.6 | 0.3 | 14.5% |
| Norway | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.7 | 0.6 | 1.0 | 1.0 | 12.6% |
| Total | 13.9 | 14.7 | 15.2 | 13.0 | -2.2% |
Top Suppliers of Non-Electric Motor Handtools to Finland in 2022:
- China (32.0K units)
- Germany (31.1K units)
- Poland (28.3K units)
- France (11.1K units)
- United States (7.9K units)
- Sweden (5.6K units)
- Austria (5.3K units)
- Singapore (3.2K units)
- United Kingdom (3.2K units)
- Netherlands (2.8K units)
- Norway (2.5K units)
Non-Electric Motor Handtools Exports in Finland
In 2022, overseas shipments of handtools, hydraulic or with a self-contained non-electric motor decreased by -51.2% to 2.1K units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 4.5K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, non-electric motor handtools exports declined to $541K in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, the exports reached the peak of $736K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Electric Motor Handtools in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 115 | 115 | 131 | 145 | 8.0% |
| Russia | 153 | 104 | 89.1 | 139 | -3.1% |
| Kazakhstan | N/A | N/A | N/A | 28.2 | 0% |
| Latvia | 19.7 | 13.6 | 17.3 | 28.1 | 12.6% |
| Sweden | 18.6 | 20.5 | 14.8 | 25.3 | 10.8% |
| Lithuania | 14.2 | 25.7 | 45.4 | 24.9 | 20.6% |
| Netherlands | 1.0 | 5.4 | 3.0 | 19.7 | 170.1% |
| Dominican Republic | N/A | N/A | N/A | 19.4 | 0% |
| China | 26.2 | 40.0 | 2.5 | 12.7 | -21.4% |
| Belize | N/A | N/A | N/A | 12.4 | 0% |
| Oman | N/A | N/A | N/A | 10.1 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 9.5 | 0% |
| Spain | 115 | 9.0 | 9.9 | N/A | -70.7% |
| Others | 194 | 403 | 261 | 66.4 | -30.0% |
| Total | 657 | 736 | 575 | 541 | -6.3% |
Top Export Markets for Non-Electric Motor Handtools from Finland in 2022:
- Estonia (562.0 units)
- Russia (540.0 units)
- Latvia (109.0 units)
- Kazakhstan (109.0 units)
- Sweden (98.0 units)
- Lithuania (96.0 units)
- Netherlands (76.0 units)
- Dominican Republic (75.0 units)
- Hong Kong SAR (67.0 units)
- China (49.0 units)
- Belize (48.0 units)
- Oman (39.0 units)
This report provides an in-depth analysis of the non-electric motor handtools market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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