Forging or die-stamping machines and hammers for working metal market in Finland

Earlier Report Observations

The Finnish market for forging or die-stamping machines saw considerable volatility between 2018 and 2021. Market size dropped from 5.4 million dollars in 2018 to 2.1 million dollars in 2020, then rebounded to 3.0 million dollars in 2021. This recovery aligned with a global surge in demand as automotive and aerospace sectors sought light metal parts and high-performance alloys, while firms worldwide overcame supply-chain disruptions and increased automation in metal forming processes.

After 2021, import values fell steadily from 2.3 million dollars to 631 thousand dollars by 2024, whereas exports climbed to 1.4 million dollars in 2024. The expansion of exports reflected worldwide trends toward greater automation, digitalization, and the adoption of green forging practices, which raised interest in advanced machinery from Finland’s industrial base.

Throughout the period, the market was influenced by broader shifts in global manufacturing, including supply-chain reorganizations and the growing emphasis on sustainable production methods, which affected both domestic output and trade patterns for forging and stamping equipment.

Production forging or die-stamping machines and hammers for working metal in Finland

In value, 2017-2020, K $ US

The market demonstrated volatility during the observed period. Production reached its peak in 2018 at 3 622 K $ US, then declined to its lowest point in 2020, showing a 2.4-fold difference between these years. In 2020, output of forging or die-stamping machines and hammers for working metal in Finland was valued at 1 503 K $ US, representing a sharp decrease of 40.1% compared to 2019. The largest increase occurred in 2018, with growth of 131.1%.

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

Exports forging or die-stamping machines and hammers for working metal from Finland

Exports in kind, t

The market showed an unstable trend throughout the timeframe. Exports reached their peak in 2017 and fell to their lowest point in 2019, with a 227-fold difference between these years. In 2020, exports of forging or die-stamping machines and hammers for working metal from Finland stood at 10.7 t, reflecting a significant improvement of 1 202.5% compared to 2019. The minimum value was recorded in 2019 at 0.8 t. The largest decline occurred in 2018, with a decrease of 95.6%.

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

From 2017 to 2020, Russia, Germany, and Estonia consistently held the leading positions in the country structure of exports in kind. Russia accounted for 45.8% of exports, Germany for 33.7%, and Estonia for 11.0%. Together, these three countries represented 90.4% of total export flows.

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

The market exhibited an unstable trend throughout the timeframe. From 2017 to 2020, exports showed a peak-to-trough amplitude of 21 times. In 2020, Finland's export volume of forging or die-stamping machines and hammers for working metal totalled 83 K $ US, marking a steep decline of 79.1% from the previous year. The largest decline was recorded in 2018 at 93.6%, while the largest increase occurred in 2019 with growth of 250.0%.

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

Between 2017 and 2020, three main markets—Latvia, Germany, and Russia—together absorbed 73.9% of the total export value of forging or die-stamping machines and hammers for working metal from Finland.

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

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

Imports forging or die-stamping machines and hammers for working metal to Finland

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Imports reached their maximum in 2017 and fell to their lowest point in 2019, showing a fluctuation of 9.2 times between these years. In 2020, cross-border shipments of forging or die-stamping machines and hammers for working metal to Finland were recorded at 56.2 t, up by 345.3% year-on-year. The minimum value was recorded in 2019 at 12.6 t, with the largest decline occurring that same year at 86.6%.

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

From 2017 to 2020, Germany, France, and Belgium made the biggest contribution to imports in kind. Germany accounted for 24.3% of imports, France for 22.9%, and Belgium for 18.3%. Together, these three countries represented 65.4% 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

Cross-border shipments of forging or die-stamping machines and hammers for working metal to Finland declined for the third consecutive year. In 2020, imports amounted to 671 K $ US, corresponding to a drop of 56.5% over the past year. Over the period from 2017 to 2020, imports decreased by 79.7%, with a compound annual growth rate (CAGR) of -41.2%.

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

From 2017 to 2020, Belgium, Germany, and Italy were the primary suppliers of forging or die-stamping machines and hammers for working metal to Finland in value terms. Belgium accounted for 37.9% of imports, Germany for 35.5%, and Italy for 6.0%. Together, these three countries represented 79.3% of total imports in value terms.

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

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