Automatic circuit breakers market in Finland

Earlier Report Observations

The market for automatic circuit breakers in Finland displayed considerable variation from 2018 to 2024. Starting at $36.5 million in 2018, it contracted to $31.4 million the following year before stabilizing near $31.8 million in 2020. A sustained growth phase then lifted the market value to a peak of $49.4 million by 2023.

This expansion from 2021 onward coincided with a notable increase in domestic production, which rose from $1.8 million to $6.6 million over the same period. Import volumes, while fluctuating, remained a major component of total market supply throughout these years.

In 2024, the market corrected to a value of $41.9 million, marking a decline from the previous high. The overall trajectory shows a market that grew after 2020 before experiencing a downturn in the final year of the period.

Production automatic circuit breakers in Finland

In value, 2017-2020, K $ US

Finland's production of automatic circuit breakers has increased for the second year in a row. In 2020, output reached 2 742 K $ US, marking a significant 22.4% rise compared to 2019.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Exports automatic circuit breakers from Finland

Exports in kind, t

The market exhibited volatility during the observed period. In 2019, Finland's exports of automatic circuit breakers hit their lowest point at 22 t, with the largest decline recorded at 82.5%. The following year, in 2020, exports surged to 154 t, reflecting a dramatic 585.9% increase compared to 2019, representing a 6.9-fold difference between the peak in 2020 and the trough in 2019.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, Estonia, Sweden, and Russia were the main buyers of automatic circuit breakers from Finland in terms of volume. Estonia accounted for 32.6% of exports, Sweden for 20.9%, and Russia for 8.6%, together making up 62.1% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Finland's exports of automatic circuit breakers in value terms declined for the second consecutive year. In 2020, export volume was 7 049 K $ US, showing a modest decrease of 6.9% compared to 2019. Over the period from 2017 to 2020, exports grew by 40.5%, equivalent to an annualized rate of 12.0%. The highest value was recorded in 2018 at 7 948 K $ US, with the largest increase that year at 58.5%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Finland's export partners for automatic circuit breakers in value terms were quite diverse. Estonia represented 22.3% of exports, Russia 16.0%, and Sweden 10.1%, together accounting for 48.4% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports automatic circuit breakers to Finland

Imports in kind, t

The data shows irregular changes, pointing to a volatile market environment. In 2019, imports of automatic circuit breakers into Finland were at their lowest at 39 t, with the largest decline recorded at 97.3%. The highest volume was in 2018 at 1 444 t. In 2020, imports rose to 1 239 t, indicating a substantial 3,078.8% increase compared to 2019, with a 37-fold gap between the peak in 2018 and the trough in 2019.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

From 2017 to 2020, Germany, Sweden, and France dominated Finland's imports of automatic circuit breakers in terms of volume. Germany contributed 28.1% of imports, Sweden 13.9%, and France 11.9%, together representing 53.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of automatic circuit breakers in value terms fell for the second year in a row. In 2020, imports totaled 40 000 K $ US, reflecting a slight decline of 1.9% compared to the previous year. Over the 2017–2020 period, imports decreased by 3.3%, equating to an annualized rate of 1.1%. The maximum value was recorded in 2018 at 42 688 K $ US, with the largest increase that year at 14.4% and the largest decline in 2019 at 13.9%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Throughout 2017–2020, Germany, Italy, and Sweden were the key sources for Finland's imports of automatic circuit breakers in value terms. Germany accounted for 24.6% of imports, Italy for 17.0%, and Sweden for 13.3%, together making up 54.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020