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Aerospace Resource Guide: Finland

 

Finland Statistics

Summary
Market Entry

Current Market Trends

Current Demand

Main Competitors

Best Prospects
Barriers

Trade Events/Associations

CS Contact

Capital: Helsinki
Population:
5.4 million
GDP:
USD 259.6 billion
Currency:
Euro
Language:
Finnish, Swedish

Summary

The Finnish aviation market is quite small, with imports of aircraft, spacecraft, and parts related parts valued at USD 271 million in 2011, and more specifically, aircraft parts valued at USD 167 million in 2011. However, the share of U.S. imports (48 percent) increased in many product categories with a total increase of six percent. The best prospects for U.S. companies include propellers, rotors, landing gear and their parts, and airplane parts in general (CN88330).

Market Entry


Finland’s import climate is open and receptive to U.S. products. The major buyers in the market usually prefer to operate directly with manufacturers of aircraft, aircraft parts and equipment. Personal contacts are important and highly appreciated.

Current Market Trends


Finnish aviation operators have been facing operational challenges in a fiercely competitive business environment. However, Finnish aviation companies continue to be forerunners and innovators in offering environmental friendly solutions for the aviation industry. For example, jet engine cleaning solutions for cleaner engine components, faster cleaning processes, and reduced failure rates - http://www.ce4mro.com/.

Current Demand


In 2011, the share of U.S. imports of aircraft parts, including propellers, rotors, landing gear and their parts was 48 percent followed by France with 30 percent, Sweden with nine percent, and UK with four percent. However, in 2013, civilian aircraft, engines, equipment, and parts imported from the U.S. totaled USD 177 million.

Competitors


Finavia is a state owned commercial enterprise that maintains the Finnish airport network and the air navigation system. Finavia's airport network consists of 25 airports. The volume of air traffic by number of air transport passengers has been increasing steadily for a couple of years. However, the most recent total number of air transport passengers reported by Finavia was 19 million passengers in 2013, a decrease of 0.9 percent from 2012.

The number of civil aviation operators in the market is fairly small. Finnair Technical Service, the national airline’s maintenance department is the largest single buyer of U.S. aircraft parts when it comes to commercial aircraft and component repair and overhaul. Some airlines operating in the Finnish market include SAS Group’s Blue 1, and Norwegian, an intra-European commuter airline. Other operators include air taxi and business jet service providers.

Best Prospects


The Finnish Aeronautical Association (FAA), established in 1919 is the national and central organization of sport aviation in Finland. The sphere of activity of FAA includes ten different air sport disciplines: powered flying, gliding, experimental flying, ultralight flying, hang gliding, paragliding, parachuting, ballooning, ascending parachutes and aeromodelling. FAA has over 260 member organizations (clubs) and about 10,000 members. The clubs are evenly distributed all over Finland.

The market for sport aviation equipment, including aircraft weighting under 2000 kg/ 4,400 lbs and helicopters is fairly small. Most of the aircraft and helicopters in the market are aged, but renewed and kept in good condition through maintenance.

Barriers


No major trade barriers. The Finnish aviation legislation was updated in 2005. The updated Aviation Act regulates aviation in Finland, governs Finnish aircraft operating abroad, and implements EU directives concerning the safety of third-country aircraft.

Trade Events/Associations

Tour de Sky International Air Show 2014

August 9-10, 2014 | Oulu, Finland
http://www.tourdesky.fi/

Oulu International Air Show (Tour de Sky) is the biggest aviation event in Finland, organized by the Finnish Aeronautical Association (FAA) in co-operation with the Finnish Air Force.

The Finnish Aeronautical Association (FAA): http://www.ilmailuliitto.fi/index.php?mid=421

U.S. Commercial Service Contact Information:


Ms. Mia Maki
Senior Commercial Specialist
Mia.Maki@trade.gov
+358 9 6162 5140


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