Snow ploughs and blowers market in Finland

Earlier Report Observations

The Finnish market for snow ploughs and blowers saw substantial growth in physical volume from 2018 to 2024, starting at 11 thousand units and reaching over 34 thousand units by the end of the period. This expansion was driven by a consistent upward trend, particularly between 2019 and 2022 when the market size increased from 15.9 thousand to 26.9 thousand units. A temporary contraction occurred in 2023, with volume dropping to 21.4 thousand units, followed by a sharp recovery to 34.7 thousand units in 2024.

In value terms, the market followed a different trajectory, rising from $9.3 million in 2018 to a peak of $20.6 million in 2022 before declining to $14.4 million in 2024. This shift suggests changes in average prices or market composition, as import volumes grew significantly from 8.9 thousand to 37.8 thousand units over the same period, while domestic production halved from 11.1 thousand to 6 thousand units.

Production snow ploughs and blowers in Finland

In value, 2017-2020, K $ US

Finland's production of snow ploughs and blowers declined after two years of growth. In 2019, output reached its peak at 16 793 K $ US. However, in 2020, production fell to 13 947 K $ US, marking a 16.9% decrease compared to the previous year. The largest annual increase occurred in 2018, when production rose by 15.2%.

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

In kind, 2017-2020, unit

Following a two-year upward trend, Finland's production of snow ploughs and blowers decreased. In 2019, output peaked at 15 129 units, with that year also seeing the largest annual increase of 36.3%. By 2020, production had dropped to 15 000 units, a slight decline of 0.9% from 2019. Over the entire 2017-2020 period, production grew by 48.8%, representing a compound annual growth rate (CAGR) of 14.2%.

Annual dynamics of production in Finland in kind, 2017-2020, unit

Exports snow ploughs and blowers from Finland

Exports in kind, unit

Export volumes of snow ploughs and blowers from Finland showed significant fluctuations during this period. In 2019, exports hit their lowest point at 3 818 units, which was a 57.0% decline from the previous year. However, exports rebounded sharply in 2020, reaching 7 345 units—a 92.4% increase compared to 2019. The peak occurred earlier in 2018, with 8 874 units exported. Overall, exports varied by a factor of 2.3 between the high in 2018 and the low in 2019.

Annual dynamics of product's exports from Finland in kind, 2017-2020, unit

From 2017 to 2020, Sweden, Germany, and Norway were the top destinations for Finland's snow ploughs and blowers exports in terms of volume. Sweden accounted for 48.9% of exports, Germany for 18.2%, and Norway for 17.3%. Together, these three countries represented 84.4% of Finland's total export flows during this period.

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

After two years of growth, the value of snow ploughs and blowers exported from Finland declined. In 2019, exports reached their highest value at 15 678 K $ US, following a substantial 55.5% increase in 2018. By 2020, export value had fallen to 10 296 K $ US, a sharp reduction of 34.3% compared to the previous year. Over the 2017-2020 period, exports increased by 29.7% overall, with a compound annual growth rate (CAGR) of 9.1%.

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

Between 2017 and 2020, Norway, Sweden, and Russia were the primary destinations for Finland's snow ploughs and blowers exports in value terms. Norway accounted for 28.1% of export value, Sweden for 26.1%, and Russia for 14.1%. Collectively, these three markets represented 68.2% of Finland's total export flows during this timeframe.

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

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

Imports snow ploughs and blowers to Finland

Imports in kind, unit

Import volumes of snow ploughs and blowers into Finland exhibited an unstable trend. In 2019, imports were at their lowest, totaling 4 566 units, which represented a 48.5% decline from the previous year. However, imports surged in 2020 to 11 686 units, a 155.9% increase compared to 2019. Over this period, import volumes varied by a factor of 2.6, from the low in 2019 to the high in 2020.

Annual dynamics of product's imports to Finland in kind, 2017-2020, unit

From 2017 to 2020, Canada, China, and the United States were the main sources of snow ploughs and blowers imports into Finland in terms of volume. Together, these three countries accounted for 68.4% of Finland's total import flows during this period.

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 value of snow ploughs and blowers imported into Finland showed irregular changes, reflecting a volatile market. In 2017, imports were at their lowest point, while they peaked in 2019 at 10 136 K $ US—a 78.7% increase from the previous year. By 2020, import value had decreased to 7 423 K $ US, a 26.8% reduction compared to 2019. Overall, import values varied by a factor of 2.9 between the high in 2019 and the low in 2017.

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

Over the 2017-2020 period, Estonia, the United States, and China emerged as the leading markets for Finland's snow ploughs and blowers imports in value terms. Estonia accounted for 23.7% of import value, the United States for 20.6%, and China for 17.7%. Combined, these three countries represented 62.0% of Finland's total import flows during this timeframe.

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

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