Report Update: May 1, 2024

Finland - Pumps For Liquids - Market Analysis, Forecast, Size, Trends And Insights

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Pumps for Liquids Price in Finland - 2023

Pumps for Liquids Price in Finland (FOB) - 2023

The average pumps for liquids export price stood at $649 per unit in August 2023, growing by 16% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.7%. The pace of growth appeared the most rapid in June 2023 an increase of 24% month-to-month. The export price peaked in August 2023.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Egypt ($1,512 per unit), while the average price for exports to Russia ($310 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps for Liquids Price in Finland (CIF) - 2023

The average pumps for liquids import price stood at $486 per unit in August 2023, growing by 23% against the previous month. Over the period under review, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pumps for liquids import price increased by +23.3% against July 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 46% against the previous month. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was China ($749 per unit), while the price for Poland ($95.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Estonia (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Pumps for Liquids Exports in Finland

For the fourth consecutive year, Finland recorded growth in overseas shipments of pumps for liquids, which increased by 29% to 58K units in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, pumps for liquids exports shrank notably to $65M in 2022. In general, exports, however, recorded a abrupt descent. The smallest decline of -9.2% was in 2021. Over the period under review, the exports reached the maximum at $101M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Pumps for Liquids in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	4.3	5.9	10.7	6.7	15.9%
Russia	13.6	10.5	10.5	6.6	-21.4%
Germany	5.6	2.3	4.0	4.7	-5.7%
United States	5.3	6.7	3.6	3.9	-9.7%
Spain	5.6	4.8	3.3	3.1	-17.9%
China	1.3	1.0	0.9	2.2	19.2%
Austria	2.7	1.4	1.3	2.0	-9.5%
Norway	1.6	2.5	2.7	2.0	7.7%
Netherlands	1.1	1.2	1.0	1.9	20.0%
Denmark	0.8	0.6	1.0	1.5	23.3%
India	1.9	0.9	0.9	1.1	-16.7%
Estonia	0.7	0.3	0.3	0.5	-10.6%
Latvia	0.3	0.3	0.3	0.4	10.1%
Others	56.6	51.7	41.2	28.0	-20.9%
Total	101	90.0	81.7	64.5	-13.9%

Top Export Markets for Pumps for Liquids from Finland in 2022:

Russia (9.5K units)
Sweden (9.1K units)
Germany (8.1K units)
Spain (4.2K units)
Netherlands (3.8K units)
China (3.0K units)
Denmark (2.3K units)
Estonia (2.0K units)
Norway (2.0K units)
United States (1.3K units)
Austria (1.3K units)
Latvia (1.3K units)
India (1.1K units)

Pumps for Liquids Imports in Finland

Pumps for liquids imports into Finland expanded remarkably to 251K units in 2022, picking up by 13% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Imports peaked at 251K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pumps for liquids imports expanded modestly to $74M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Pumps for Liquids in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.8	13.7	16.3	15.9	170.9%
Germany	16.8	13.9	11.6	13.6	-6.8%
Sweden	7.0	8.7	15.0	13.4	24.2%
China	4.9	2.0	4.0	5.6	4.6%
Denmark	6.0	3.9	2.9	4.4	-9.8%
Italy	3.7	2.9	3.8	4.3	5.1%
France	1.8	2.0	2.0	2.3	8.5%
Hungary	5.5	2.6	2.3	2.1	-27.5%
Czech Republic	0.1	0.2	0.3	1.0	115.4%
Poland	0.4	0.5	0.7	0.9	31.0%
Others	9.1	16.5	12.4	10.1	3.5%
Total	56.0	67.0	71.3	73.5	9.5%

Top Suppliers of Pumps for Liquids to Finland in 2022:

Germany (55.6K units)
Netherlands (51.3K units)
China (49.3K units)
Sweden (37.9K units)
Italy (14.0K units)
Czech Republic (10.1K units)
Poland (7.1K units)
France (6.6K units)
Denmark (3.3K units)
Hungary (2.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pumps for liquids market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023