Bottling and packaging equipment market in Finland

Earlier Report Observations

The market size for bottling and packaging equipment in Finland displayed considerable volatility between 2018 and 2023. Starting at 83.5 million dollars in 2018, it contracted to 78.5 million dollars the following year before a modest recovery to 82.8 million dollars in 2020. A sharp decline of over 40% occurred in 2021, reducing the market to 47.8 million dollars. A strong rebound to 69.4 million dollars was recorded in 2022, but this gain was partially reversed in 2023 when the market settled at 56.9 million dollars.

In 2024, import and export values for this equipment both decreased, with imports falling to 44.2 million dollars and exports to 65.6 million dollars. During this year, market trends were shaped by a heightened focus on sustainable development and environmental impact, influencing equipment design and labeling technologies. Furthermore, supply disruptions for stainless steel, including strikes at major European producers, affected raw material availability and pricing dynamics within the Finnish market.

Production bottling and packaging equipment in Finland

In value, 2017-2020, K $ US

Finland's production of bottling and packaging equipment declined for the second year in a row. In 2020, output was valued at 79 558 thousand US dollars, marking a 4.8% year-on-year decrease. Production fell by 3.6% between 2017 and 2020, averaging an annual decline of 1.2%. The highest production value was recorded in 2018 at 86 740 thousand US dollars, which also saw the largest increase of 5.1%.

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

Exports bottling and packaging equipment from Finland

Exports in kind, t

Market performance showed significant fluctuations during this period. The minimum export volume was recorded in 2019 at 21 tonnes, while the maximum reached 1 590 tonnes in 2018, representing a 76-fold difference between these years. In 2020, Finland exported 1 311 tonnes of bottling and packaging equipment, a sharp increase of 6,125.2% compared to 2019. The largest decline occurred in 2019 with a 98.7% drop.

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

Between 2017 and 2020, Finland exported bottling and packaging equipment to numerous countries. Even the top three destinations—the United States, Germany, and Russia—together accounted for only 32.4% of total export volumes.

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 bottling and packaging equipment in value terms reached 57 965 thousand US dollars in 2020, reflecting a 10.0% increase compared to the previous year. Over the 2017-2020 period, exports grew by 14.8%, with a compound annual growth rate of 4.7%. The largest decline was recorded in 2019 at 7.7%, while the largest increase occurred in 2018 with 13.2% growth.

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

From 2017 to 2020, Finland's exports of bottling and packaging equipment in value terms were relatively diversified. The top three markets—Russia (15.4% of export value), Germany (10.8%), and France (8.0%)—together represented just 34.2% of total export 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 bottling and packaging equipment to Finland

Imports in kind, t

Import volumes experienced substantial volatility during this period. The lowest point was recorded in 2019 at 29 tonnes, while imports peaked in 2020 at 1 317 tonnes—a 46-fold difference between these years. In 2020, Finland imported 1 317 tonnes of bottling and packaging equipment, representing a dramatic increase of 4,484.1% compared to 2019. The largest decline occurred in 2019 with a 97.7% drop.

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

Between 2017 and 2020, Germany (28.6% of import volume), Italy (18.4%), and Israel (11.8%) were the leading sources for Finland's imports of bottling and packaging equipment, together accounting for 58.8% of total import 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 imported approximately 61 212 thousand US dollars worth of bottling and packaging equipment in 2020, indicating a 28.3% increase compared to 2019. Between 2017 and 2020, imports grew by 27.2%, averaging an annual increase of 8.4%. The lowest import value was recorded in 2019 at 47 715 thousand US dollars, which also saw the largest decline of 11.5%.

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

From 2017 to 2020, Germany (32.9% of import value), Italy (16.9%), and Sweden (7.0%) were the primary sources for Finland's imports of bottling and packaging equipment in value terms, jointly representing 56.8% of total import flows.

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

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