Finland - Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingDomestic Appliances Price in Finland - 2023
Contents:
- Domestic Appliances Price in Finland (CIF) - 2022
- Domestic Appliances Price in Finland (FOB) - 2022
- Domestic Appliances Imports in Finland
- Domestic Appliances Exports in Finland
Domestic Appliances Price in Finland (CIF) - 2022
In 2022, the average domestic appliances import price amounted to $69 per unit, leveling off at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. The import price peaked at $92 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($17 per unit), while the price for Belgium ($6.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Domestic Appliances Price in Finland (FOB) - 2022
In 2022, the average domestic appliances export price amounted to $63 per unit, surging by 2.9% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 47%. As a result, the export price reached the peak level of $116 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($32 per unit), while the average price for exports to Portugal ($3.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Appliances Imports in Finland
In 2022, after three years of growth, there was decline in purchases abroad of domestic appliances, when their volume decreased by -2.4% to 10M units. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. Imports peaked at 11M units in 2021, and then contracted slightly in the following year.
In value terms, domestic appliances imports dropped slightly to $720M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $747M, and then declined slightly in the following year.
| Import of Domestic Appliances in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 37.4 | 351 | 400 | 391 | 118.7% |
| China | 136 | 57.0 | 99.0 | 99.2 | -10.0% |
| Poland | 72.3 | 24.5 | 38.1 | 38.8 | -18.7% |
| Germany | 67.6 | 38.2 | 41.8 | 38.4 | -17.2% |
| Denmark | 8.0 | 24.1 | 30.2 | 24.8 | 45.8% |
| Netherlands | 15.5 | 14.3 | 19.3 | 24.0 | 15.7% |
| Italy | 31.7 | 16.6 | 24.1 | 21.8 | -11.7% |
| Turkey | 33.9 | 10.6 | 12.9 | 13.6 | -26.2% |
| Czech Republic | 15.5 | 9.0 | 11.4 | 11.1 | -10.5% |
| Serbia | 5.6 | 5.7 | 9.9 | 9.1 | 17.6% |
| Hungary | 34.8 | 11.3 | 9.3 | 8.5 | -37.5% |
| Belgium | 1.0 | 4.4 | 5.0 | 7.4 | 94.9% |
| Estonia | 4.4 | 8.8 | 11.9 | 6.8 | 15.6% |
| Others | 94.9 | 23.2 | 34.4 | 26.2 | -34.9% |
| Total | 559 | 599 | 747 | 720 | 8.8% |
Top Suppliers of Domestic Appliances to Finland in 2022:
- Sweden (22.7M units)
- China (11.1M units)
- Poland (4.0M units)
- Germany (3.4M units)
- Denmark (2.5M units)
- Italy (1.5M units)
- Czech Republic (1.5M units)
- Netherlands (1.4M units)
- Turkey (1.2M units)
- Belgium (1.1M units)
- Estonia (1.0M units)
- Serbia (0.9M units)
- Hungary (0.7M units)
Domestic Appliances Exports in Finland
For the fourth consecutive year, Finland recorded growth in overseas shipments of domestic appliances, which increased by 1% to 2.1M units in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 105%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, domestic appliances exports expanded to $134M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Domestic Appliances in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 20.9 | 23.2 | 31.7 | 34.9 | 18.6% |
| Czech Republic | 5.4 | 7.2 | 9.3 | 19.9 | 54.5% |
| Germany | 13.9 | 13.2 | 18.4 | 19.3 | 11.6% |
| United States | 10.2 | 11.0 | 14.3 | 14.7 | 13.0% |
| Switzerland | 9.9 | 7.6 | 8.4 | 10.9 | 3.3% |
| Estonia | 7.6 | 9.7 | 10.3 | 10.1 | 9.9% |
| Netherlands | 2.8 | 3.0 | 4.6 | 6.4 | 31.7% |
| Russia | 10.1 | 9.1 | 10.2 | 5.7 | -17.4% |
| Poland | 2.9 | 2.0 | 4.1 | 4.2 | 13.1% |
| Portugal | 0.8 | 1.1 | 1.5 | 2.4 | 44.2% |
| Others | 1.1 | 11.2 | 15.9 | 5.2 | 67.8% |
| Total | 85.6 | 98.2 | 129 | 134 | 16.1% |
Top Export Markets for Domestic Appliances from Finland in 2022:
- Czech Republic (5.0M units)
- Sweden (4.4M units)
- Germany (3.1M units)
- Switzerland (2.0M units)
- Estonia (1.6M units)
- Portugal (0.7M units)
- United States (0.5M units)
- Netherlands (0.4M units)
- Poland (0.4M units)
- Russia (0.3M units)
This report provides an in-depth analysis of the domestic appliances market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511400 - Electric blankets
- Prodcom 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
- Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric
- Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )
- Prodcom 27521250 - Iron or steel liquid fuel domestic appliances, including heaters, grates, fires and braziers (excluding cooking appliances and plate warmers)
- Prodcom 27521270 - Iron or steel solid fuel domestic appliances, including heaters, g rates, fires and braziers (excluding cooking appliances and plate warmers)
- Prodcom 27521300 - Air heaters or hot air distributors n.e.c., of iron or steel, nonelectric
- Prodcom 27511530 - Table, floor, wall, window, ceiling or roof fans, with a selfcontained electric motor of an output . .125 W
- Prodcom 27511580 - Ventilating or recycling hoods incorporating a fan, with a maximum horizontal side . .120 cm
- Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
- Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
- Prodcom 27521400 - Non-electric instantaneous or storage water heaters
- Prodcom 27511200 - Household dishwashing machines
- Prodcom 27511300 - Cloth washing and drying machines, of the household type
- Prodcom 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
- Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor
- Prodcom 27512410 - Vacuum cleaners, including dry cleaners and wet vacuum cleaners (excluding with self-contained electric motor)
- Prodcom 27512170 - Domestic food grinders, mixers and fruit or vegetable juice extractors, with a self-contained electric motor
- Prodcom 27512200 - Shavers, hair-removing appliances and hair clippers, with selfcontained electric motor
- Prodcom 27512530 - Electric instantaneous water heaters
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
- Prodcom 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
- Prodcom 27512310 - Electric hair dryers
- Prodcom 27512330 - Electric hairdressing apparatus (including hair curlers, curling tongs) (excluding hair drying hoods, hair dryers)
- Prodcom 27512350 - Electric hand-drying apparatus
- Prodcom 27512370 - Electric smoothing irons
- Prodcom 27512700 - Domestic microwave ovens
- Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
- Prodcom 27512430 - Domestic electric coffee or tea makers (including percolators)
- Prodcom 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
- Prodcom 27512900 - Electric heating resistors (excluding of carbon)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
415
This report provides an in-depth analysis of the domestic appliances market in Finland.
134
This report provides an in-depth analysis of the refrigerating show-cases market in Finland.
269
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Finland.
381
This report provides an in-depth analysis of the heat pump market in Finland.
1162
This report provides an in-depth analysis of the refrigerator and freezer market in Finland.
302
This report provides an in-depth analysis of the household refrigerator market in Finland.
359
This report provides an in-depth analysis of the refrigerator or freezer market in Finland.
289
This report provides an in-depth analysis of the built-in refrigerator market in Finland.
378
This report provides an in-depth analysis of the combined refrigerator-freezer market in Finland.
471
This report provides an in-depth analysis of the commercial refrigeration equipment market in Finland.
203
Discover the top import markets for refrigerating show-cases worldwide, including key statistics and import values for each country. Explore the growth potential of these markets and capitalize on the increasing demand for advanced refrigeration technologies.
227
Discover the world's top import markets for Non-Combined Refrigerator-Freezer based on import values in 2022. Gain insights into the key statistics and market dynamics using IndexBox market intelligence platform.
76
Explore the top import markets for heat pumps around the world in 2023 based on data from IndexBox. Discover key statistics and trends in the global heat pump market.
236
Explore the world's best import markets for refrigerators and freezers, backed by key statistics and data from the IndexBox market intelligence platform.
1223
The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
3247
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1058
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1879
Mexico edged ahead of China in the global refrigerator and freezer trade with $X in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of X% of global exports. Mexico's mai
1203
In 2013, China (X million units) and the Republic of Korea (X million units) were the main exporters of combined refrigerators and freezers in the world, together comprising X% of global exports.
244
Explore the top import markets for combined refrigerator-freezers, including the United States, Japan, Germany, and more. Discover key statistics and insights from IndexBox platform.
