Earlier Report Observations
From 2018 to 2019, the market for electromagnetic couplings, clutches and brakes in Finland increased slightly from 15 472 to 15 651 thousand USD, supported by the adoption of M12-connector couplers and Power over Ethernet (PoE) couplers, which improved installation ease and efficiency in machinery and automation applications. The market then contracted to 13 866 thousand USD in 2020 as the COVID-19 pandemic disrupted supply chains, although production by international manufacturers continued.
After 2020, the market further declined to 12 159 thousand USD in 2021. During this period, updated M12 coupler models entered the market and wireless control systems became more common, opening new segments. In 2022, the market stabilized at 12 169 thousand USD as manufacturers like Kendrion and MWM continued product development with a focus on maintenance-free operation, while demand for M12 and PoE couplers remained steady in automation and telecommunications. The market then rose to 13 698 thousand USD in 2023 before falling to 10 074 thousand USD in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Finland
- 5.1.1. In kind, 2018-2024, unit
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Finland
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production electromagnetic couplings, clutches and brakes in Finland
In value, 2017-2020, K $ US
In 2020, Finland's production of electromagnetic couplings, clutches, and brakes was valued at 5 391 thousand US dollars, marking a 19.0% decrease from 2019. Between 2017 and 2020, production fell by 29.5%, which translates to an average annual decline of 11.0%. The only year of growth during this period was 2019, with a 6.1% increase.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.0%) | 6.1% | (19.0%) | (11.0%) |
Exports electromagnetic couplings, clutches and brakes from Finland
Exports in kind, t
Export volumes of electromagnetic couplings, clutches, and brakes from Finland showed significant volatility from 2017 to 2020. The highest volume was recorded in 2018 at 19 tonnes, dropping to a low of 7 tonnes in 2019—a 2.9-fold difference between these years. In 2020, exports rebounded to 18 tonnes, a sharp 167.4% increase from 2019. The largest decline occurred in 2019, with a 65.8% drop.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 17.3% | (65.8%) | 167.4% | 2.3% |
From 2017 to 2020, Finland's exports of electromagnetic couplings, clutches, and brakes in kind were distributed across multiple markets without a single dominant partner. Russia accounted for 18.3% of exports, Ukraine for 10.8%, and Germany for 8.7%, totaling 37.8% of the overall volume. The remaining exports were spread among numerous smaller partners, each with modest individual shares.
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 electromagnetic couplings, clutches, and brakes in value terms grew for the third consecutive year in 2020, reaching 1 177 thousand US dollars—a robust 17.5% increase from 2019. Over the 2017–2020 period, exports surged by 77.5%, with a compound annual growth rate (CAGR) of 21.1%.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 37.0% | 10.3% | 17.5% | 21.1% |
From 2017 to 2020, the value-based export structure for electromagnetic couplings, clutches, and brakes from Finland remained fragmented. Russia led with 30.7% of exports, followed by Germany at 8.1% and China at 6.1%, together accounting for 44.9% of total flows. No single partner emerged as clearly dominant, with the rest distributed among various smaller markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports electromagnetic couplings, clutches and brakes to Finland
Imports in kind, t
Import volumes of electromagnetic couplings, clutches, and brakes into Finland exhibited extreme volatility from 2017 to 2020. The lowest point was in 2019 at 11 tonnes, soaring to a peak of 1 037 tonnes in 2020—a dramatic 95-fold increase. This surge represented a 9,422.6% rise from 2019 to 2020. The largest decline occurred in 2019, with a 98.9% drop.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 22.9% | (98.9%) | 9 422.6% | 8.4% |
Between 2017 and 2020, Germany was the key supplier of electromagnetic couplings, clutches, and brakes to Finland in kind, capturing 78.6% of total imports. The remaining share was distributed among a diverse group of other countries.
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 electromagnetic couplings, clutches, and brakes in value terms declined for the second consecutive year in 2020, totaling 9 653 thousand US dollars—a 3.4% decrease from 2019. The highest value was recorded in 2018 at 10 108 thousand US dollars, which also saw the largest increase of 3.6%.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.6% | (1.1%) | (3.4%) | (0.4%) |
Throughout 2017–2020, Germany dominated Finland's imports of electromagnetic couplings, clutches, and brakes in value terms, holding a 71.4% share of total flows. Other markets contributed to a less significant portion of imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Finland in value, 2017-2020
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