Earlier Report Observations
The market for presses for metal in Finland expanded from $8.3 million in 2018 to $9.0 million in 2019, indicating steady growth during a period of overall market stability.
In 2020, the market contracted sharply to $6.5 million due to the COVID-19 pandemic, which temporarily reduced production and consumption. The following year saw a recovery to $7.1 million, fueled by a strong increase in exports of hydraulic presses from Finland.
By 2024, the market landscape began to evolve with the launch of TRUMPF's new laser cutting machine, designed for smaller production runs with lower costs, alongside a growing adoption of energy-efficient presses for green steel production, pointing toward more advanced and sustainable metalworking technologies.
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, 2018-2021
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2021
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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, 2021, K unit
- 5.1.2. In value, 2018-2021, K $ US
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5.2. Production in the EU, 2018-2021
- 5.2.1. In kind, 2018-2021, K unit
- 5.2.2. In value, 2018-2021, 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 presses for metal in Finland
In value, 2017-2020, K $ US
In 2020, Finland's output of metal presses was valued at 17 830 K $ US, marking a 1.1% increase compared to 2019. Production grew by 27% between 2017 and 2020, averaging an annualized rate of 8.3%. The highest value was recorded in 2018 at 21 328 K $ US, which represented a significant 51.9% increase. However, in 2019, production saw its largest decline of 17.3%.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 51.9% | (17.3%) | 1.1% | 8.3% |
Exports presses for metal from Finland
Exports in kind, t
The market exhibited volatility during the observed period. Export volumes reached their lowest point in 2019 at 52.6 t, then peaked in 2018 at 787.2 t, with a top-to-bottom ratio of 15 times. In 2020, Finland exported 692.8 t of metal presses, showing a sharp increase of 1,216.3% compared to the previous year. The largest decline occurred in 2019, dropping by 93.3%.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 37.3% | (93.3%) | 1 216.3% | 6.5% |
From 2017 to 2020, Finland's exports of metal presses in kind were not heavily concentrated on a few key markets. Russia accounted for 14.7% of exports, China for 14.3%, and the United States for 9.7%, with these three countries jointly making up only 38.7% of total 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
Cross-border shipments of metal presses from Finland declined for the second consecutive year. In 2020, exports amounted to 13 479 K $ US, which is 15.5% less than the previous year. The maximum value was recorded in 2018 at 18 651 K $ US, with the largest increase of 39.4% occurring that year.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 39.4% | (14.5%) | (15.5%) | 0.2% |
During 2017–2020, Finland's exports of metal presses in value terms were relatively evenly distributed. Russia contributed 15.0% of exports, China 11.8%, and the United States 11.0%, with these three markets jointly accounting for 37.8% 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 presses for metal to Finland
Imports in kind, t
The market showed signs of volatility over the observed period. Imports varied significantly, from a high in 2017 to a low in 2019, with a 61-fold difference. In 2020, Finland's imports of metal presses totaled 407.8 t, up by 4,319.4% compared to the previous year. The minimum value was recorded in 2019 at 9.2 t, with the largest decline of 98.3% occurring that year.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.5%) | (98.3%) | 4 319.4% | (10.4%) |
From 2017 to 2020, China was the primary supplier of metal presses to Finland, accounting for 57.8% of imports in kind, followed by Italy at 19.2% and Sweden at 7.9%. Together, these three countries made up 84.9% of total imports in kind.
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
There were noticeable fluctuations in market performance during the period. Imports reached their peak in 2019 at 7 290 K $ US, then fell to their lowest point in 2020 at 2 161 K $ US, with a 3.4-fold difference. In 2020, Finland imported 2 161 K $ US of metal presses, down by 70.4% compared to 2019. The largest increase was recorded in 2018 at 42.2%.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 42.2% | 29.1% | (70.4%) | (18.4%) |
In 2017–2020, Italy, Sweden, and France formed the main cluster of markets for Finland's imports of metal presses in value terms. Italy accounted for 29.4% of imports, Sweden for 20.0%, and France for 19.2%, with a combined share of 68.7% 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
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