Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland (FOB) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland (CIF) - 2022
3. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland
4. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland (FOB) - 2022

In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $104,322 per unit, declining by -11.4% against the previous year. Overall, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 459%. As a result, the export price attained the peak level of $158,009 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($281,534 per unit), while the average price for exports to Russia ($22,136 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 Africa (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $34,933 per unit in 2022, with a decrease of -86.7% against the previous year. Over the period under review, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 3,335%. As a result, import price reached the peak level of $262,097 per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($123,822 per unit), while the price for Turkey ($679 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+866.0%), while the prices for the other major suppliers experienced a decline.

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland

In 2022, exports of casting machines; of a kind used in metallurgy or in metal foundrieses from Finland surged to 269 units, picking up by 74% against the year before. Over the period under review, exports continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 125%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $28M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 67%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Finland in 2022:

1. Russia (114.0 units)
2. Indonesia (79.0 units)
3. China (20.0 units)
4. Japan (19.0 units)
5. United States (16.0 units)
6. Switzerland (12.0 units)
7. Turkey (6.0 units)

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Finland

In 2022, after three years of growth, there was significant decline in overseas purchases of casting machines; of a kind used in metallurgy or in metal foundrieses, when their volume decreased by -70% to 9 units. In general, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 329% against the previous year. As a result, imports reached the peak of 30 units, and then fell remarkably in the following year.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses contracted significantly to $314K in 2022. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14,619% against the previous year. As a result, imports attained the peak of $7.9M, and then fell dramatically in the following year.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Finland in 2022:

1. Japan (3.0 units)
2. Italy (2.0 units)
3. Turkey (1.0 units)
4. United States (1.0 units)
5. Sweden (1.0 units)
6. China (1.0 units)

Source: IndexBox Market Intelligence Platform