Global Economy is Expected to Grow by 3,4 % in 2017

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Presentation transcript:

Global Economy is Expected to Grow by 3,4 % in 2017 GDP growth in 2017, % India China Eastern Europe Rest of Average growth: +3,4 % Rest of Latin A,merica Rest of Asia Middle East and Africa Mexico North America Japan Russia Western Europe Brazil The width of the bar indicates the share of global GDP in 2015 (adjusted for purchasing power parity), % 12/27/2018 Technology Industries of Finland Source: IMF (January 2017) Teknologiateollisuus

Demand in the Finnish Technology Industry Export Market is Expected to Grow by 2.2 % in 2017 GDP growth 2017 / 2016, % India Eastern Europe Rest of Mexico China Rest of Latin America Middle East and Africa Average growth: +2.2 % Rest of Asia Brazil North America Japan Russia Western Europe The width of the bar indicates the export share of technology industry from Finland in 2015, % 12/27/2018 Technology Industries of Finland Source: IMF (January 2017), Board of Customs

No Increase in the Export of Goods and Services from Finland since 2010 12/27/2018 Value of goods and services exports per quarter, billion euros, at current prices Technology Industries of Finland Last observation July-September 2016 Source: Macrobond, Eurostat Teknologiateollisuus

Goods Exports from Finland Shrank by 3 to 4% in 2016 Million euros per month, at current prices Last observation November 2016 Source: Board of Customs (Goods exports) 12/27/2018 Technology Industries of Finland Teknologiateollisuus

Calculation of the Effect of Ship Orders, Increased Car Manufacturing and the New Äänekoski Pulp Mill to Finnish Exports 2017-2019 Goods and services exports from Finland, billion euros, at current prices Total goods and services exports to grow by 4.5% or EUR 3.5 billion 12/27/2018 Technology Industries of Finland Source: Statistics Finland, Technology Industries of Finland, Finnish Forest Industries Teknologiateollisuus

Calculation of the Effect of Ship Orders, Increased Car Manufacturing and the New Äänekoski Pulp Mill to Finnish Goods Exports 2017-2019 Goods exports from Finland, billion euros, at current prices Total goods exports to grow by 6.5% or EUR 3.5 billion 12/27/2018 Technology Industries of Finland Source: Statistics Finland, Technology Industries of Finland, Finnish Forest Industries Teknologiateollisuus

Technology Industry Turnover in Finland 12/27/2018 Technology Industries of Finland Source: Macrobond, Statistics Finland (National Accounts), Technology Industries of Finland

Value of New Orders in the Technology Industry* in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: IV,2016 / IV,2015 IV,2016 / III,2016 Export: -2 % +20 % Domestic: 0 % +30 % Combined: -1 % +23 % *) Excluding metals industry and game industry companies 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation October-December 2016

Value of Order Books in the Technology Industry* in Finland Million euros, at current prices Combined 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: 31.12.2016 / 31.12.2015 31.12.2016 / 30.9.2016 Export: -3 % +2 % Domestic: -7 % +1 % Combinedä: -4 % *) Excluding metals industry and game industry companies 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation 31.12.2016

Tender Requests* Received by Technology Industry Companies in Finland 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 *) Have you experienced a notable increase or decrease in the number of requests for tenders in recent weeks in comparison to the situation three months ago?”. Balance figure = the number of companies receiving more requests - the number of companies receiving less requests. Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation January 2017 27.12.2018 Teknologiateollisuus

Value of New Orders in the Electronics and Electrotechnical Industry in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: IV,2016 / IV,2015 IV,2016 / III,2016 Export: -5 % +16 % Domestic: -21 % -8 % Combined: -9 % +11 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation October-December 2016

Value of Order Books in the Electronics and Electrotechnical Industry in Finland Million euros, at current prices Combined 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: 31.12.2016 / 31.12.2015 31.12.2016 / 30.9.2016 Export: -2 % +9 % Domestic: -15 % Combined: -4 % +4 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation 31.12.2016

Value of New Orders in the Mechanical Engineering in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: IV,2016 / IV,2015 IV,2016 / III,2016 Export: +1 % +26 % Domestic: +22 % +55 % Combined: +6 % +32 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation 31.12.2016

Value of Order Books in the Mechanical Engineering in Finland Million euros, at current prices Combined 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: 31.12.2016 / 31.12.2015 31.12.2016 / 30.9.2016 Export: -4 % 0 % Domestic: -7 % +5 % Combined: +1 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation 31.12.2016

Turnover of the Metals Industry in Finland 12/27/2018 Technology Industries of Finland Seasonally adjusted turnover index Source: Macrobond, Statistics Finland

Production Volume of the Metals Industry in Finland 12/27/2018 Technology Industries of Finland Seasonally adjusted volume index Source: Macrobond, Statistics Finland

Value of New Orders in the Consulting Engineering in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Muutos: IV,2016 / IV,2015 IV,2016 / III,2016 Vientiin: +9 % -62 % Kotimaahan: +13 % +22 % Yhteensä: -2 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation October-December

Value of Order Books in the Consulting Engineering in Finland Million euros, at current prices Combined 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: 31.12.2016 / 31.12.2015 31.12.2016 / 30.9.2016 Export: +67 % -1 % Domestic: +4 % +1 % Combined: +14 % 0 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent comnpanies, last observation 31.12.2016

Value of New Orders in the Information Technology in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: IV,2016 / IV,2015 IV,2016 / III,2016 Combined: -2 % +52 % 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation October-December 2016

Value of Order Books in the Information Technology* in Finland Million euros, at current prices 2008 2009 2010 2011 2012 2013 2014 2015 2016 Change: 31.12.2016 / 31.12.2015 31.12.2016 / 30.9.2016 Combined: -6 % +5 % *) Excluding game industry companies 27.12.2018 Teknologiateollisuus Source: The Federation of Finnish Technology Industries’ order book survey’s respondent companies, last observation 31.12.2016