Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland - 2023

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland (FOB) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland (CIF) - 2022
3. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland
4. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland (FOB) - 2022

In 2022, the average export price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $2,549,047 per unit, rising by 119% against the previous year. In general, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 2,080% against the previous year. As a result, the export price reached the peak level of $29,266,415 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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 Norway ($5,309,586 per unit), while the average price for exports to Switzerland ($46,545 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 Lithuania (+327.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland (CIF) - 2022

The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $901,562 per unit in 2022, reducing by -6.2% against the previous year. Over the period under review, the import price continues to indicate a precipitous decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 2,077%. Over the period under review, average import prices hit record highs at $13,103,995 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($4,393,217 per unit), while the price for Hong Kong SAR ($195 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland

In 2022, approx. 7 units of vessels; other, including warships and lifeboats, other than rowing boatses were exported from Finland; dropping by -41.7% on the previous year. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 50%. As a result, the exports attained the peak of 12 units, and then fell markedly in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses soared to $18M in 2022. Over the period under review, exports showed a abrupt setback. The exports peaked at $34M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from Finland in 2022:

1. Netherlands (1.0 units)
2. Iceland (1.0 units)
3. Lithuania (1.0 units)
4. Sweden (1.0 units)
5. Switzerland (1.0 units)
6. Norway (1.0 units)
7. Hong Kong SAR (1.0 units)

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in Finland

In 2022, after three years of growth, there was significant decline in purchases abroad of vessels; other, including warships and lifeboats, other than rowing boatses, when their volume decreased by -25% to 6 units. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 8 units, and then dropped significantly in the following year.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses declined rapidly to $5.4M in 2022. Over the period under review, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 167% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to Finland in 2022:

1. France (1.0 units)
2. Sweden (1.0 units)
3. Germany (1.0 units)
4. Hong Kong SAR (1.0 units)
5. Norway (1.0 units)
6. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform