Hydraulic presses for metal market in Finland

Earlier Report Observations

The market size for hydraulic presses for metal in Finland fluctuated between 2018 and 2021, starting at 11 154 thousand US dollars in 2018, declining to 10 447 thousand in 2019 and further to 7 626 thousand in 2020, before recovering to 9 612 thousand in 2021. The 2021 rebound was driven by record production volumes, which exceeded 21 893 thousand dollars, fueled by major expansions of production facilities and investments in automation and robotic integration.

Following the 2021 peak, market growth slowed and stabilized at lower levels, influenced by global supply-chain disruptions. Finland maintained its position as Europe's leading consumer, with per capita consumption reaching 33 units per 1000 persons. Industry trends shifted toward energy-efficient and customized presses, while sharply falling export prices affected profitability and pricing strategies.

Production hydraulic presses for metal in Finland

In value, 2017-2020, K $ US

In 2020, the output of hydraulic presses for metal in Finland was valued at 17 830 K $ US, marking a slight increase of 1.1% compared to the previous year. Production rose by 27% between 2017 and 2020, which translates to an annualized growth rate of 8.3%. The highest production value was recorded in 2018 at 21 328 K $ US, with the largest increase occurring that same year at 51.9%. Conversely, the most significant decline was observed in 2019, when production dropped by 17.3%.

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

Exports hydraulic presses for metal from Finland

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Export volumes reached their peak in 2018 and fell to their lowest point in 2019, with a 20-fold difference between these years. In 2020, Finland's export volume of hydraulic presses for metal totaled 538.5 t, representing a dramatic increase of 1,837.2% from the previous year. The maximum volume was recorded in 2018 at 543.1 t, while the minimum was in 2019 at 27.8 t. The largest decline occurred in 2019, with a drop of 94.9%.

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

Data from 2017 to 2020 indicate that exports of hydraulic presses for metal from Finland were not heavily concentrated on a few key destinations. China accounted for 18.8% of exports in kind, the United States for 12.7%, and Germany for 9.5%. Together, these three countries represented only 41.0% 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

In 2020, hydraulic press deliveries from Finland amounted to 12 023 K $ US, showing a modest improvement of 1.2% from the year before. Between 2017 and 2020, exports increased by 6.5%, equating to an annualized growth rate of 2.1%. The highest value was recorded in 2018 at 13 377 K $ US, with the largest increase that year at 18.5%. The most significant decline occurred in 2019, with a decrease of 11.2%.

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

The market base for exports in value terms from 2017 to 2020 was broad. China accounted for 14.8% of exports in value terms, the United States for 13.9%, and Russia for 10.6%. Combined, these three countries represented just 39.3% of total flows, with the remaining 60.7% distributed among numerous other countries.

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

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

Imports hydraulic presses for metal to Finland

Imports in kind, t

Market performance exhibited noticeable fluctuations during this period. Import volumes varied significantly, with a 69-fold difference from the high in 2018 to the low in 2019. In 2020, foreign supplies of hydraulic presses for metal to Finland amounted to 378.9 t, marking a sharp gain of 5,673.9% compared to 2019. The maximum volume was recorded in 2018 at 454.6 t, while the minimum was in 2019 at 6.6 t. The largest decline occurred in 2019, with a drop of 98.6%.

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

Throughout 2017 to 2020, China dominated imports in kind, accounting for 73.6% of the total volume. The remainder was shared among many countries, each with smaller individual shares.

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

The market displayed signs of volatility over the observed period. Imports peaked in 2019 and reached their lowest point in 2017, with a 5.2-fold gap between these years. In 2020, foreign supplies of hydraulic presses for metal to Finland amounted to 1 819 K $ US, down by 61.2% compared to the previous year. The maximum value was recorded in 2019 at 4 692 K $ US, with the largest increase occurring in 2018 at 254.3%.

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

From 2017 to 2020, Sweden, Italy, and China formed the main group of destinations for imports in value terms of hydraulic presses for metal to Finland. Sweden accounted for 35.4% of imports in value terms, Italy for 26.2%, and China for 17.8%. Together, these three countries represented 79.4% 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