Overview of the Market for Aircraft Internal Combustion Engine in Finland
Market Overview
The Finnish aircraft internal combustion engine market fell sharply to $
in 2019, waning by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a pronounced decline. The growth pace was the most rapid in 2018 with an increase of
% y-o-y. As a result, consumption attained the peak level of $
, and then declined sharply in the following year.




Consumption
Aircraft internal combustion engine consumption in Finland reduced dramatically to
units in 2019, waning by -
% against the year before. Over the period under review, consumption saw a deep setback. The growth pace was the most rapid in 2018 with an increase of
% year-to-year. As a result, consumption attained the peak volume of
units, and then dropped dramatically in the following year.
The size of the aircraft internal combustion engine market in Finland contracted rapidly to $
in 2019, with a decrease of -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of
% year-to-year. As a result, consumption reached the peak level of $
, and then shrank markedly in the following year.




The size of the aircraft internal combustion engine market in Finland contracted rapidly to $




Market Forecast
Driven by rising demand for aircraft internal combustion engine in Finland, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +
% for the period from 2019 to
, which is projected to bring the market volume to
units by the end of
.




Market Structure
Aircraft internal combustion engine market in Finland consists almost entirely of imported products.
Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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