Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland - 2023
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (FOB) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (CIF) - 2023
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (FOB) - 2022
The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $29,851 per ton in 2022, with a decrease of -23.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 38%. As a result, the export price reached the peak level of $40,372 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($53,788 per ton), while the average price for exports to Germany ($17,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (CIF) - 2023
The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $18,127 per ton in October 2023, surging by 9.9% against the previous month. Over the period under review, import price indicated a pronounced increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for machinery; parts of machinery for making or finishing paper or paperboard decreased by -0.5% against August 2023 indices. The pace of growth appeared the most rapid in August 2023 an increase of 48% m-o-m. As a result, import price reached the peak level of $18,209 per ton. From September 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($250K per ton), while the price for China ($8,507 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland
In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from Finland shrank remarkably to 8.7K tons, which is down by -15.9% on 2021 figures. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 13%.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard dropped markedly to $260M in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 66.3 | 134 | 73.8 | -12.7% |
| China | 88.3 | 41.9 | 28.0 | 46.9 | -19.0% |
| Germany | 34.6 | 35.5 | 22.5 | 31.0 | -3.6% |
| Indonesia | 5.5 | 3.2 | 3.0 | 15.4 | 40.9% |
| Sweden | 15.5 | 21.0 | 14.3 | 13.4 | -4.7% |
| Canada | 2.4 | 10.8 | 52.1 | 6.1 | 36.5% |
| South Korea | 6.5 | 6.0 | 8.7 | 5.1 | -7.8% |
| Russia | 9.5 | 8.3 | 6.6 | 4.9 | -19.8% |
| United Kingdom | 1.8 | 2.7 | 3.8 | 4.8 | 38.7% |
| Poland | 2.7 | 2.1 | 5.3 | 3.0 | 3.6% |
| Italy | 40.9 | 6.3 | 2.9 | 2.6 | -60.1% |
| Belgium | 47.5 | 1.7 | 2.1 | 1.0 | -72.4% |
| Others | 68.5 | 132 | 119 | 52.0 | -8.8% |
| Total | 435 | 338 | 402 | 260 | -15.8% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Finland in 2022:
- United States (2255.6 tons)
- Germany (1760.5 tons)
- China (1502.2 tons)
- Sweden (702.4 tons)
- Indonesia (314.5 tons)
- Canada (246.4 tons)
- Russia (183.6 tons)
- South Korea (149.0 tons)
- United Kingdom (146.8 tons)
- Italy (141.1 tons)
- Poland (136.7 tons)
- Belgium (22.2 tons)
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland
In 2022, approx. 6.8K tons of machinery; parts of machinery for making or finishing paper or paperboard were imported into Finland; jumping by 44% compared with the year before. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $88M in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 18.7 | 19.6 | 22.8 | 28.5 | 15.1% |
| Germany | 10.9 | 15.2 | 12.2 | 12.2 | 3.8% |
| China | 3.9 | 9.0 | 5.6 | 11.8 | 44.6% |
| Estonia | 5.8 | 7.6 | 5.1 | 6.4 | 3.3% |
| Austria | 4.8 | 6.4 | 8.4 | 5.8 | 6.5% |
| Italy | 2.3 | 3.7 | 2.9 | 4.2 | 22.2% |
| Japan | 1.6 | 2.9 | 2.1 | 3.5 | 29.8% |
| Poland | 1.7 | 2.8 | 1.9 | 2.2 | 9.0% |
| Hungary | 0.8 | 1.3 | 0.3 | 0.6 | -9.1% |
| Russia | 1.5 | 0.1 | 0.2 | N/A | -63.5% |
| Others | 10.4 | 7.5 | 6.6 | 12.7 | 6.9% |
| Total | 62.4 | 76.2 | 68.1 | 87.8 | 12.1% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Finland in 2022:
- Sweden (2687.9 tons)
- China (1254.6 tons)
- Estonia (773.8 tons)
- Germany (684.6 tons)
- Italy (287.9 tons)
- Japan (243.7 tons)
- Poland (231.3 tons)
- Austria (136.8 tons)
- Hungary (98.8 tons)
- Russia (3.7 tons)
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