Finland - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Finland - 2023
Contents:
- Automotive Lighting Price in Finland (CIF) - 2023
- Automotive Lighting Price in Finland (FOB) - 2023
- Automotive Lighting Imports in Finland
- Automotive Lighting Exports in Finland
Automotive Lighting Price in Finland (CIF) - 2023
The average automotive lighting import price stood at $27.3 per unit in August 2023, shrinking by -7.1% against the previous month. Over the period under review, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, automotive lighting import price decreased by -3.3% against May 2023 indices. The growth pace was the most rapid in December 2022 an increase of 37% month-to-month. As a result, import price reached the peak level of $39.8 per unit. From January 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Taiwan (Chinese) ($81.3 per unit), while the price for China ($16.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in Finland (FOB) - 2023
The average automotive lighting export price stood at $37.3 per unit in August 2023, which is down by -11% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 18% month-to-month. Over the period under review, the average export prices reached the maximum at $42.0 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($59.5 per unit), while the average price for exports to Norway ($22.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Automotive Lighting Imports in Finland
In 2022, the amount of automotive lighting imported into Finland reduced modestly to 9.1M units, declining by -4.4% compared with 2021 figures. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 9.5M units, and then contracted modestly in the following year.
In value terms, automotive lighting imports declined dramatically to $88M in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $110M, and then shrank notably in the following year.
| Import of Automotive Lighting in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 17.6 | 28.8 | 25.2 | 6.6% |
| Austria | 31.8 | 22.2 | 25.6 | 13.3 | -25.2% |
| Slovakia | 12.9 | 11.7 | 8.4 | 7.4 | -16.9% |
| Germany | 6.4 | 5.6 | 6.8 | 6.7 | 1.5% |
| Taiwan (Chinese) | 4.4 | 4.4 | 5.8 | 5.3 | 6.4% |
| Poland | 5.3 | 5.2 | 5.6 | 4.7 | -3.9% |
| Slovenia | 8.9 | 5.9 | 7.7 | 4.2 | -22.1% |
| Sweden | 2.3 | 2.1 | 2.4 | 4.1 | 21.3% |
| Czech Republic | 2.6 | 2.2 | 2.2 | 2.2 | -5.4% |
| Romania | 2.7 | 2.2 | 2.2 | 1.8 | -12.6% |
| Others | 10.7 | 11.6 | 14.9 | 13.1 | 7.0% |
| Total | 109 | 90.6 | 110 | 88.0 | -6.9% |
Top Suppliers of Automotive Lighting to Finland in 2022:
- China (2631.1K units)
- Austria (1390.6K units)
- Slovakia (775.2K units)
- Germany (697.1K units)
- Taiwan (Chinese) (556.5K units)
- Poland (495.9K units)
- Slovenia (441.8K units)
- Sweden (431.4K units)
- Czech Republic (230.3K units)
- Romania (188.0K units)
Automotive Lighting Exports in Finland
Automotive lighting exports from Finland shrank to 6M units in 2022, dropping by -6.3% compared with the previous year. The total export volume increased at an average annual rate of +5.6% 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 45% against the previous year. As a result, the exports attained the peak of 6.4M units, and then contracted in the following year.
In value terms, automotive lighting exports expanded remarkably to $79M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +73.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 58%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Automotive Lighting in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 10.1 | 18.4 | 21.3 | 32.8% |
| Germany | 7.5 | 5.5 | 8.9 | 13.3 | 21.0% |
| Sweden | 3.2 | 5.5 | 10.4 | 12.3 | 56.6% |
| Brazil | 1.6 | 2.1 | 2.8 | 3.3 | 27.3% |
| Netherlands | 2.9 | 2.2 | 3.3 | 3.0 | 1.1% |
| Belgium | 3.4 | 2.2 | 2.3 | 2.8 | -6.3% |
| Japan | 2.4 | 2.1 | 3.4 | 2.6 | 2.7% |
| Estonia | 2.0 | 1.8 | 2.6 | 2.5 | 7.7% |
| United Kingdom | 2.4 | 1.8 | 2.2 | 2.5 | 1.4% |
| France | 1.3 | 1.5 | 1.9 | 2.0 | 15.4% |
| Poland | 1.1 | 0.7 | 1.3 | 1.7 | 15.6% |
| Austria | 1.1 | 1.1 | 1.5 | 1.6 | 13.3% |
| Norway | 2.0 | 2.1 | 3.1 | 1.6 | -7.2% |
| Others | 8.6 | 6.8 | 9.7 | 8.4 | -0.8% |
| Total | 48.6 | 45.6 | 71.9 | 79.1 | 17.6% |
Top Export Markets for Automotive Lighting from Finland in 2022:
- United States (1621.1K units)
- Germany (1014.7K units)
- Sweden (933.4K units)
- Brazil (247.6K units)
- Netherlands (227.2K units)
- Belgium (211.1K units)
- Japan (198.8K units)
- Estonia (192.7K units)
- United Kingdom (186.9K units)
- France (155.1K units)
- Poland (132.9K units)
- Austria (124.8K units)
- Norway (124.7K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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.
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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
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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
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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
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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
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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
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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
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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
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Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
842
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
853
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
842
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
