Finland - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pneumatic or Hydraulic Hand Tool in Finland - 2023
Contents:
- Price for Pneumatic or Hydraulic Hand Tool in Finland (CIF) - 2023
- Price for Pneumatic or Hydraulic Hand Tool in Finland (FOB) - 2022
- Imports of Pneumatic or Hydraulic Hand Tool in Finland
- Exports of Pneumatic or Hydraulic Hand Tool in Finland
Price for Pneumatic or Hydraulic Hand Tool in Finland (CIF) - 2023
The average import price for pneumatic or hydraulic hand tools stood at $270 per unit in August 2023, surging by 3.3% against the previous month. Over the period under review, import price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pneumatic or hydraulic hand tool import price decreased by -26.8% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 41% m-o-m. Over the period under review, average import prices attained the peak figure at $369 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($233 per unit), while the price for Tunisia ($4.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pneumatic or Hydraulic Hand Tool in Finland (FOB) - 2022
In 2022, the average export price for pneumatic or hydraulic hand tools amounted to $177 per unit, falling by -17.4% against the previous year. Overall, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31%. The export price peaked at $267 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 the Netherlands ($279 per unit), while the average price for exports to Brazil ($87 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 the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pneumatic or Hydraulic Hand Tool in Finland
Pneumatic or hydraulic hand tool imports into Finland declined to 167K units in 2022, which is down by -5.6% on the previous year's figure. Over the period under review, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 11%. Over the period under review, imports attained the maximum at 188K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pneumatic or hydraulic hand tool imports dropped to $36M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports reached the peak of $40M, and then reduced in the following year.
Import of Pneumatic or Hydraulic Hand Tool in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 8.0 | 12.6 | 11.9 | 8.7 | 2.8% |
Germany | 7.9 | 8.8 | 9.0 | 8.1 | 0.8% |
China | 6.6 | 3.1 | 5.5 | 5.2 | -7.6% |
Netherlands | 0.5 | 1.2 | 1.7 | 1.9 | 56.0% |
Japan | 1.9 | 1.0 | 1.3 | 1.9 | 0.0% |
United States | 2.6 | 2.0 | 2.0 | 1.4 | -18.6% |
Austria | 0.6 | 1.3 | 1.5 | 1.4 | 32.6% |
France | 1.2 | 1.4 | 1.3 | 1.2 | 0.0% |
Taiwan (Chinese) | 2.5 | 0.9 | 1.0 | 1.0 | -26.3% |
Denmark | 0.2 | 0.8 | 0.9 | 1.0 | 71.0% |
Others | 3.4 | 3.4 | 4.3 | 3.6 | 1.9% |
Total | 35.5 | 36.6 | 40.3 | 35.6 | 0.1% |
Top Suppliers of Pneumatic or Hydraulic Hand Tool to Finland in 2022:
- China (61.2K units)
- Sweden (29.4K units)
- Germany (21.3K units)
- Netherlands (11.5K units)
- Taiwan (Chinese) (9.7K units)
- Japan (5.9K units)
- United States (4.6K units)
- Austria (4.6K units)
- Denmark (3.4K units)
- France (2.9K units)
Exports of Pneumatic or Hydraulic Hand Tool in Finland
Pneumatic or hydraulic hand tool exports from Finland soared to 22K units in 2022, picking up by 30% compared with the previous year. The total export volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pneumatic or hydraulic hand tool exports rose markedly to $4M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Pneumatic or Hydraulic Hand Tool in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 128 | 116 | 424 | 744 | 79.8% |
Estonia | 500 | 513 | 509 | 532 | 2.1% |
Sweden | 202 | 274 | 441 | 453 | 30.9% |
Russia | 620 | 457 | 501 | 237 | -27.4% |
India | 129 | 263 | 132 | 209 | 17.4% |
Turkey | 96.6 | 121 | 103 | 199 | 27.2% |
Lithuania | 93.5 | 94.9 | 175 | 171 | 22.3% |
Latvia | 97.0 | 95.9 | 126 | 135 | 11.6% |
United Arab Emirates | 38.5 | 68.3 | 82.3 | 122 | 46.9% |
Netherlands | 3.5 | 78.7 | 38.2 | 107 | 212.7% |
Switzerland | 65.0 | 73.0 | 42.5 | 86.1 | 9.8% |
Mexico | 90.5 | 48.8 | 90.0 | 70.6 | -7.9% |
Brazil | 70.4 | 30.5 | 58.2 | 60.3 | -5.0% |
Others | 1,125 | 1,061 | 973 | 841 | -9.2% |
Total | 3,259 | 3,295 | 3,695 | 3,966 | 6.8% |
Top Export Markets for Pneumatic or Hydraulic Hand Tool from Finland in 2022:
- France (4.8K units)
- Estonia (3.9K units)
- Sweden (2.7K units)
- Turkey (1.4K units)
- India (1.3K units)
- Russia (0.9K units)
- Latvia (0.8K units)
- Brazil (0.7K units)
- Lithuania (0.7K units)
- Mexico (0.6K units)
- United Arab Emirates (0.5K units)
- Switzerland (0.5K units)
- Netherlands (0.4K units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
- Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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
-
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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