Earlier Report Observations
The market for pressing, stamping, and punching tools in Finland more than doubled in value from 2018 to 2024, reaching 16.8 million USD. This growth occurred despite a temporary dip in 2020, when the market size fell to 7.5 million USD before resuming its upward trajectory.
Domestic production drove much of this expansion, with its value tripling from 2.2 million USD in 2018 to 7.3 million USD in 2024. Imports also increased over the period, contributing to the overall market growth, though at a more moderate pace compared to local manufacturing.
In physical terms, the market volume peaked at 367 t in 2022 before declining to 229 t in 2024. This suggests a shift towards higher-value products, as the market's monetary value continued to rise even when volume contracted.
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 kind
- 4.1.1.1. Production, 2020-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2020-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 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, 2020-2024, t
- 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, t
- 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 pressing, stamping and punching tools in Finland
In value, 2017-2020, K $ US
Finland's production of tools for pressing, stamping, or punching saw a two-year decline before rebounding. In 2020, output was valued at 2,394 thousand US dollars, marking a 14.7% decrease from the previous year. Over the 2017-2020 period, production fell by 9.2%, with an average annual decline of 3.2%. The lowest value occurred in 2019 at 1,856 thousand US dollars, while the sharpest drop was in 2018 at 17.5%.
Annual dynamics of production in Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.5%) | (14.7%) | 29.0% | (3.2%) |
In kind, 2017-2020, kg
Annual dynamics of production in Finland in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports pressing, stamping and punching tools from Finland
Exports in kind, t
The market for these tools showed significant volatility in recent years. From 2017 to 2019, exports fluctuated dramatically, with a peak-to-trough difference of 5.1 times. In 2020, Finland exported 32.3 tonnes of tools for pressing, stamping, or punching, a substantial increase of 275.0% compared to 2019. The lowest export volume was recorded in 2019 at 8.6 tonnes, which also saw the largest decline of 76.6%.
Annual dynamics of product's exports from Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.9%) | (76.6%) | 275.0% | (9.6%) |
From 2017 to 2020, Russia, Estonia, and Switzerland were the top markets for Finland's exports of these tools in volume terms. Russia accounted for 36.5% of exports, Estonia for 20.9%, and Switzerland for 9.1%, together making up 66.5% 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, Finland's exports of tools for pressing, stamping, or punching in value terms amounted to 1,646 thousand US dollars, a sharp decline of 29.8% year-over-year. Between 2017 and 2020, exports decreased by 24.7%, with an average annual drop of 9.0%. The highest value was recorded in 2019 at 2,346 thousand US dollars, which also experienced the largest increase of 24.0%.
Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.5%) | 24.0% | (29.8%) | (9.0%) |
From 2017 to 2020, Russia, Estonia, and Romania were the leading markets for Finland's exports of these tools in value terms. Russia held a 39.3% share, Estonia 16.0%, and Romania 7.9%, collectively accounting for 63.3% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Finland in value, 2017-2020
Imports pressing, stamping and punching tools to Finland
Imports in kind, t
Import volumes for these tools were highly volatile during this period. In 2017, imports peaked and then fell to their lowest level in 2019, with a 11.5-fold difference between these years. In 2020, Finland imported 153.6 tonnes of tools for pressing, stamping, or punching, a massive increase of 668.0% compared to the previous year. The minimum import volume was in 2019 at 20.0 tonnes, which also saw the steepest decline of 89.7%.
Annual dynamics of product's imports to Finland in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.1%) | (89.7%) | 668.0% | (12.5%) |
From 2017 to 2020, Germany, Sweden, and Denmark were the primary suppliers of these tools to Finland in volume terms. Germany contributed 29.1% of imports, Sweden 22.5%, and Denmark 12.6%, together making up 64.2% of total import volume.
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
In 2020, Finland imported tools for pressing, stamping, or punching valued at 6,769 thousand US dollars, reflecting a strong contraction of 20.2% compared to the previous year. Over the 2017-2020 period, imports decreased by 19.9%, with an average annual decline of 7.1%. The maximum import value was in 2019 at 8,485 thousand US dollars, which also recorded the largest increase of 6.5%.
Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.8%) | 6.5% | (20.2%) | (7.1%) |
From 2017 to 2020, Germany, Sweden, and Italy were the main sources for Finland's imports of these tools in value terms. Germany accounted for 43.9% of imports, Sweden for 14.1%, and Italy for 8.5%, with a combined share of 66.4% of total import value.
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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