Finland: Multi-Station Transfer Machine Market 2024

Multi-Station Transfer Machine Market Size in Finland

In 2023, the Finnish multi-station transfer machine market decreased by X% to $X for the first time since 2016, thus ending a six-year rising trend. Over the period under review, consumption, however, recorded significant growth. Over the period under review, the market hit record highs at $X in 2022, and then declined notably in the following year.

Multi-Station Transfer Machine Production in Finland

In value terms, multi-station transfer machine production totaled $X in 2023 estimated in export price. Overall, production showed a sharp reduction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Multi-Station Transfer Machine Exports

Exports from Finland

In 2021, shipments abroad of multi-station transfer machines for working metal decreased by X% to X units, falling for the second year in a row after three years of decline. In general, exports posted resilient growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, multi-station transfer machine exports stood at $X in 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units), Germany (X units) and Switzerland (X units) were the main destinations of multi-station transfer machine exports from Finland. Moreover, multi-station transfer machine exports in the UK exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced a decline.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

Export Prices by Country

In 2021, the average multi-station transfer machine export price amounted to $X per unit, approximately mirroring the previous year. In general, the export price posted a significant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Multi-Station Transfer Machine Imports

Imports into Finland

In 2023, after six years of growth, there was significant decline in supplies from abroad of multi-station transfer machines for working metal, when their volume decreased by X% to X units. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2022, and then declined sharply in the following year.

In value terms, multi-station transfer machine imports contracted markedly to $X in 2023. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2022, and then fell remarkably in the following year.

Imports by Country

Japan (X units), Germany (X units) and Poland (X units) were the main suppliers of multi-station transfer machine imports to Finland, with a combined X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Poland ($X) constituted the largest multi-station transfer machine suppliers to Finland, with a combined X% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average multi-station transfer machine import price stood at $X per unit in 2023, rising by X% against the previous year. Overall, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform