Finland - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
Finland: Non-Metal Permanent Magnet Market Overview 2019
Non-Metal Permanent Magnet Market Size in Finland
The revenue of the non-metal permanent magnet market in Finland amounted to $X in 2017, picking up by X% against the previous year. In general, non-metal permanent magnet consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. In that year, the non-metal permanent magnet market attained their peak level, and is likely to continue its growth in the immediate term.
Non-Metal Permanent Magnet Production in Finland
In 2017, non-metal permanent magnet production in Finland stood at X tonnes, rising by X% against the previous year. Overall, non-metal permanent magnet production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the non-metal permanent magnet production attained its peak figure volume in 2017, and is likely to continue its growth in the immediate term.
Non-Metal Permanent Magnet Exports
Exports from Finland
In 2017, approx. X tonnes of non-metal permanent magnets were exported from Finland; rising by X% against the previous year. Overall, non-metal permanent magnet exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Over the period under review, the non-metal permanent magnet exports attained its peak figure volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.
In value terms, non-metal permanent magnet exports amounted to $X in 2017. In general, non-metal permanent magnet exports continue to indicate a mild expansion. Finland exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.
In 2017, China (X tonnes) was the key exporter for non-metal permanent magnets, creating X% of total exports. South Korea (X tonnes) held the second position in the ranking, followed by China, Hong Kong SAR (X tonnes). All these countries together held approx. X% share of total exports. Germany (X tonnes), Japan (X tonnes), Italy (X tonnes), the Netherlands (X tonnes), Malaysia (X tonnes), the U.S. (X tonnes), the Czech Republic (X tonnes) and France (X tonnes) took the slight share of total exports.
China experienced a relatively flat trend pattern of non-metal permanent magnets exports. At the same time, the Czech Republic (+X%), Malaysia (+X%), the Netherlands (+X%), South Korea (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Italy, France and Japan experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (X%) and the U.S. (X%) significantly strengthened its position in terms of the global exports, while the Czech Republic and South Korea saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest non-metal permanent magnet supplier from Finland, making up X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Germany, with a X% share.
From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Germany (+X% per year).
In 2017, the non-metal permanent magnet export price in Finland amounted to $X per kg, waning by -X% against the previous year. Overall, non-metal permanent magnet export price continues to indicate a deep decline. The most prominent rate of growth was recorded in 2011, when the export price increased by X% year-to-year. Finland export price peaked of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.
Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per kg), while China ($X per kg) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.
Non-Metal Permanent Magnet Imports
Imports into Finland
In 2017, approx. X tonnes of non-metal permanent magnets were imported into Finland; going up by X% against the previous year. In general, non-metal permanent magnet imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the non-metal permanent magnet imports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.
In value terms, non-metal permanent magnet imports amounted to $X in 2017. Overall, non-metal permanent magnet imports continue to indicate a prominent increase. Over the period under review, the non-metal permanent magnet imports attained its maximum level in 2017, and are expected to retain its growth in the near future.
Germany (X tonnes), China, Hong Kong SAR (X tonnes), Viet Nam (X tonnes), Mexico (X tonnes), the U.S. (X tonnes), China (X tonnes), Italy (X tonnes), Thailand (X tonnes), India (X tonnes), Japan (X tonnes), South Korea (X tonnes) and Indonesia (X tonnes) represented roughly X% of total imports of non-metal permanent magnets in 2017.
From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest non-metal permanent magnet markets worldwide were Germany ($X), the U.S. ($X) and China ($X), together accounting for X% of total imports. China, Hong Kong SAR, Italy, South Korea, Mexico, Viet Nam, Thailand, Japan, India, Indonesia and Finland lagged somewhat behind, together accounting for a further X%.
Viet Nam (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.
The non-metal permanent magnet import price in Finland stood at $X per kg in 2017, going up by X% against the previous year. In general, the import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, an increase of X% year-to-year. Finland import price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.
There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per kg), while Indonesia ($X per kg) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.
• Prodcom 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)
This report provides an in-depth analysis of the non-metal permanent magnet 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 2025.
• Trade (exports and imports) in Finland
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