• Forecast: Industry revenue of »wholesale trade of motor vehicle parts« in Finland 2011-2023

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Over the years, the Finnish motor vehicle manufacturing industry has witnessed robust growth, owing to the advanced manufacturing facilities and technological advancements. Passenger car registrations, have increased from 103,455 units in 2013 to over 120,000 units in 2018. Additionally, vehicles and vehicle parts exports have also risen and accounted for 8 percent of the overall exports in 2018, as per data from trendeconomy.com. As a result, revenues of the ‘wholesale trade of motor vehicle parts and accessories’ industry are projected to grow from 1.3 billion U.S. dollars in 2015 to 1.6 billion U.S. dollars by 2023.

Toyota is the most popular passenger car brand

Having sold over 15,000 units in 2018, Toyota is the most popular passenger car brand in the country. Volkswagen ranks in second, with just over 13,200 units sold. Skoda, followed by Volvo and Ford complete the top five respectively. With respect to the used car market, Volkswagen is the leader, with over 62 thousand used cars sold in 2018.

Industry revenue of »wholesale trade of motor vehicle parts« in Finland from 2011 to 2023 (in million U.S. Dollars)

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Finland. The industry “wholesale trade of motor vehicle parts and accessories“ has the code “G4531“.

Details on the methodology can be found here.

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