Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Finland - 2023

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $7.2 per unit, with a decrease of -9.4% against the previous year. Overall, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 62% against the previous year. The import price peaked at $22 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Canada ($84 per unit), while the price for Latvia ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $49 per unit, growing by 156% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61 per unit), while the average price for exports to Latvia ($1 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 Sweden (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland

In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses imported into Finland fell to 75K units, which is down by -10.2% compared with the year before. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 9%. Imports peaked at 106K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses fell markedly to $537K in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. As a result, imports attained the peak of $660K, and then fell rapidly in the following year.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden60.110511212327.0%
Germany92.71731871147.1%
Netherlands5.314.113497.9164.3%
China19410687.762.6-31.4%
United Kingdom10.810.48.120.423.6%
Taiwan (Chinese)14.413.812.318.38.3%
Hong Kong SARN/A1.0N/A7.2168.3%
Latvia2.56.55.01.4-17.6%
Others71.996.711492.18.6%
Total4515276605376.0%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Finland in 2022:

  1. China (27.3K units)
  2. Sweden (14.9K units)
  3. Netherlands (6.7K units)
  4. Taiwan (Chinese) (4.5K units)
  5. United Kingdom (3.7K units)
  6. Germany (3.5K units)
  7. Hong Kong SAR (2.9K units)
  8. Latvia (1.9K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland

In 2022, exports of drawing, marking-out or mathematical calculating instrumentses from Finland soared to 2.1K units, increasing by 107% on 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses surged to $101K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.149.249100.0%
United States18.918.14.839.227.5%
Estonia3.96.57.25.19.4%
GermanyN/A0.7N/A1.125.4%
Russia3.82.44.41.0-35.9%
Sweden2.91.7N/A0.4-48.3%
NorwayN/A1.62.4N/A50.0%
Others0.617.70.25.2105.4%
Total30.048.719.110149.9%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Finland in 2022:

  1. United Kingdom (1006.0 units)
  2. United States (648.0 units)
  3. Germany (230.0 units)
  4. Estonia (115.0 units)
  5. Russia (56.0 units)
  6. Sweden (8.0 units)

Source: IndexBox Market Intelligence Platform

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