Finland - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSelf-Propelled Boring Machinery Price in Finland - 2023
Contents:
- Self-Propelled Boring Machinery Price in Finland (FOB) - 2023
- Self-Propelled Boring Machinery Price in Finland (CIF) - 2022
- Self-Propelled Boring Machinery Exports in Finland
- Self-Propelled Boring Machinery Imports in Finland
Self-Propelled Boring Machinery Price in Finland (FOB) - 2023
In August 2023, the average self-propelled boring machinery export price amounted to $460K per unit, reducing by -6.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 20% m-o-m. The export price peaked at $548K per unit in June 2023; afterwards, it flattened through to August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Sweden ($629K per unit), while the average price for exports to Turkey ($308K per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Self-Propelled Boring Machinery Price in Finland (CIF) - 2022
The average self-propelled boring machinery import price stood at $214,905 per unit in 2022, picking up by 100% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. Over the period under review, average import prices attained the maximum at $260,816 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($331,577 per unit), while the price for China ($1,092 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Self-Propelled Boring Machinery Exports in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of self-propelled boring or sinking machinery, when their volume decreased by -41% to 3K units. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 116%. As a result, the exports reached the peak of 5K units, and then dropped rapidly in the following year.
In value terms, self-propelled boring machinery exports declined slightly to $266M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. As a result, the exports reached the peak of $274M, and then fell modestly in the following year.
Export of Self-Propelled Boring Machinery in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 19.3 | 30.7 | 60.6 | 46.3 | 33.9% |
Brazil | 6.8 | 4.8 | 21.3 | 32.2 | 67.9% |
Ghana | 2.0 | 20.1 | 12.9 | 30.3 | 147.4% |
Australia | 16.2 | 15.3 | 18.8 | 20.5 | 8.2% |
South Africa | 14.7 | 10.6 | 30.1 | 18.4 | 7.8% |
United States | 7.3 | 3.1 | 4.0 | 15.4 | 28.3% |
Norway | 10.5 | 10.2 | 10.5 | 13.1 | 7.7% |
Turkey | 1.6 | 8.0 | 7.2 | 7.6 | 68.1% |
France | 4.0 | 5.2 | 3.3 | 7.4 | 22.8% |
Sweden | 6.0 | 5.9 | 8.4 | 7.3 | 6.8% |
Kazakhstan | 23.0 | 0.7 | 17.2 | 6.2 | -35.4% |
India | 2.9 | 4.7 | 6.7 | 4.0 | 11.3% |
Russia | 4.3 | 2.5 | 13.4 | 0.8 | -42.9% |
Others | 37.9 | 49.7 | 58.9 | 56.7 | 14.4% |
Total | 157 | 172 | 274 | 266 | 19.2% |
Top Export Markets for Self-Propelled Boring Machinery from Finland in 2022:
- Canada (512.0 units)
- Brazil (356.0 units)
- Ghana (335.0 units)
- Australia (227.0 units)
- South Africa (204.0 units)
- United States (171.0 units)
- Norway (144.0 units)
- Turkey (84.0 units)
- France (82.0 units)
- Sweden (81.0 units)
- Kazakhstan (68.0 units)
- India (45.0 units)
- Russia (9.0 units)
Self-Propelled Boring Machinery Imports in Finland
In 2022, supplies from abroad of self-propelled boring or sinking machinery decreased by -52.9% to 32 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 155%. Imports peaked at 68 units in 2021, and then dropped rapidly in the following year.
In value terms, self-propelled boring machinery imports shrank to $6.9M in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 82%. Over the period under review, imports reached the maximum at $7.3M in 2021, and then fell in the following year.
Import of Self-Propelled Boring Machinery in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 877 | 1,148 | 589 | 2,809 | 47.4% |
Sweden | N/A | 388 | 1,063 | 2,203 | 138.3% |
Germany | 911 | 1,842 | 112 | 1,326 | 13.3% |
Poland | N/A | N/A | 590 | 264 | -55.3% |
United Kingdom | N/A | N/A | 323 | 222 | -31.3% |
Italy | 5.5 | N/A | N/A | 50.7 | 109.7% |
China | N/A | N/A | 0.6 | 1.1 | 83.3% |
Chile | N/A | 209 | 357 | N/A | 70.8% |
France | N/A | N/A | 3,059 | N/A | 0% |
Estonia | 127 | 831 | 679 | N/A | 131.2% |
Czech Republic | N/A | 88.4 | 549 | N/A | 521.0% |
United States | 905 | 520 | N/A | N/A | -42.5% |
Others | 42.5 | 185 | N/A | 0.4 | -78.9% |
Total | 2,869 | 5,212 | 7,321 | 6,877 | 33.8% |
Top Suppliers of Self-Propelled Boring Machinery to Finland in 2022:
- Norway (9.0 units)
- Sweden (7.0 units)
- Poland (5.0 units)
- United Kingdom (4.0 units)
- Germany (4.0 units)
- Italy (1.0 units)
- China (1.0 units)
This report provides an in-depth analysis of the self-propelled boring machinery market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28921253 - Self-propelled boring or sinking machinery
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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