Key Market Indicators
Finnish transformer imports are expected to reach around $570 million by 2026, up 1% annually since 2021. This is compared to $537 million in 2021. Since 1993, Finland's demand has been growing at a rate of 2.5% each year. It was ranked 33rd in 2021, with Saudi Arabia ahead at $537 million. China, Germany and Mexico were ranked 2nd, 3rd and 4th respectively. Meanwhile, Finnish transformer exports are predicted to drop by 0.3% annually since 2021, reaching $1.01 billion by 2026 compared to $1.03 billion in 2021. Since 1993, the country's supply has risen by 1.9% each year. It was placed 20th in 2021, with Spain leading at $1.03 billion. Germany, the USA and Japan were ranked 2nd, 3rd and 4th respectively.
