Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, dropping by -9.4% against the previous year. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 9.1% against the previous year. The import price peaked at $0.1 per unit in 2013; however, from 2014 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 the UK ($0.2 per unit), while the price for Denmark ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $46 per thousand units in 2022, stabilizing at the previous year. Overall, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 6.1% against the previous year. As a result, the export price attained the peak level of $81 per thousand units. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($85 per thousand units), while the average price for exports to Austria ($28 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland
For the fourth year in a row, Finland recorded growth in overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which increased by 28% to 1.3B units in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $122M in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 27.3 | 35.3 | 39.5 | 42.8 | 16.2% |
Sweden | 7.1 | 12.1 | 15.7 | 19.1 | 39.1% |
China | 10.1 | 4.9 | 8.8 | 11.4 | 4.1% |
Estonia | 6.5 | 7.3 | 7.7 | 9.4 | 13.1% |
Netherlands | 0.8 | 3.7 | 4.2 | 6.3 | 99.0% |
Italy | 5.7 | 4.8 | 6.1 | 6.1 | 2.3% |
France | 4.7 | 3.2 | 4.4 | 4.0 | -5.2% |
Belgium | 0.4 | 2.7 | 2.1 | 2.7 | 89.0% |
Denmark | 1.8 | 1.3 | 1.7 | 1.9 | 1.8% |
Taiwan (Chinese) | 1.2 | 0.7 | 1.3 | 1.8 | 14.5% |
Others | 22.3 | 13.5 | 13.3 | 16.3 | -9.9% |
Total | 87.7 | 89.4 | 105 | 122 | 11.6% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Finland in 2022:
- Germany (307.0M units)
- Sweden (245.6M units)
- Estonia (156.2M units)
- China (146.2M units)
- Italy (81.7M units)
- France (62.3M units)
- Netherlands (54.5M units)
- Belgium (38.5M units)
- Denmark (33.3M units)
- Taiwan (Chinese) (21.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland
In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Finland totaled 2.5B units, picking up by 3.2% against 2021 figures. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded modestly to $116M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 10.1 | 8.6 | 11.2 | 15.4 | 15.1% |
Poland | 5.4 | 4.1 | 6.6 | 10.7 | 25.6% |
Germany | 10.0 | 7.6 | 11.4 | 9.9 | -0.3% |
France | 5.7 | 4.7 | 6.4 | 9.8 | 19.8% |
Italy | 3.0 | 3.7 | 6.8 | 6.7 | 30.7% |
Netherlands | 13.6 | 10.0 | 12.1 | 6.3 | -22.6% |
Spain | 4.7 | 2.8 | 4.6 | 5.6 | 6.0% |
Sweden | 4.5 | 4.4 | 4.2 | 5.3 | 5.6% |
Norway | 4.2 | 3.9 | 5.3 | 5.3 | 8.1% |
Denmark | 3.1 | 3.2 | 4.6 | 4.6 | 14.1% |
United States | 3.6 | 2.6 | 2.9 | 4.5 | 7.7% |
United Kingdom | 3.1 | 2.5 | 2.7 | 3.2 | 1.1% |
Austria | 2.0 | 1.8 | 2.3 | 2.7 | 10.5% |
Others | 30.6 | 26.4 | 30.7 | 26.3 | -4.9% |
Total | 104 | 86.3 | 112 | 116 | 3.7% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Finland in 2022:
- Germany (328.9M units)
- Poland (309.2M units)
- France (281.9M units)
- Estonia (238.5M units)
- Netherlands (153.1M units)
- Denmark (151.3M units)
- Spain (147.8M units)
- Norway (119.6M units)
- Sweden (116.0M units)
- Austria (95.1M units)
- United States (80.4M units)
- Italy (78.8M units)
- United Kingdom (63.6M units)
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