Report Update: May 1, 2024

Finland - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bed-Convertible Seat Price in Finland - 2021

Bed-Convertible Seat Price in Finland (CIF) - 2021

In November 2021, the average bed-convertible seat import price amounted to $201 per unit, dropping by -2.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 35% against the previous month. As a result, import price reached the peak level of $264 per unit. From June 2021 to November 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2021, the country with the highest price was Poland ($271 per unit), while the price for Turkey ($136 per unit) was amongst the lowest.

From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Bed-Convertible Seat Price in Finland (FOB) - 2022

In 2022, the average bed-convertible seat export price amounted to $1,100 per unit, growing by 18% against the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 an increase of 554% against the previous year. As a result, the export price attained the peak level of $2,360 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,364 per unit), while the average price for exports to Gambia ($75 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 United States (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Bed-Convertible Seat Imports in Finland

In 2022, overseas purchases of seats convertible into beds decreased by -11.7% to 38K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% 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 +32.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 43K units, and then contracted in the following year.

In value terms, bed-convertible seat imports declined slightly to $16M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 11%. As a result, imports attained the peak of $17M, and then contracted modestly in the following year.

Import of Bed-Convertible Seat in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Estonia	3.2	5.0	4.4	3.9	6.8%
Sweden	0.5	4.0	2.9	2.5	71.0%
Denmark	0.6	1.2	2.6	2.2	54.2%
Poland	1.3	0.9	2.5	2.2	19.2%
Lithuania	2.2	1.9	2.4	2.1	-1.5%
Ukraine	2.6	1.1	0.9	1.4	-18.6%
China	1.3	0.5	0.5	0.7	-18.6%
Italy	1.1	0.2	N/A	0.5	-23.1%
Turkey	0.3	0.3	0.3	0.3	0.0%
Others	2.4	N/A	0.2	0.1	-65.3%
Total	15.5	15.1	16.7	15.9	0.9%

Top Suppliers of Bed-Convertible Seat to Finland in 2022:

Estonia (20.3K units)
Sweden (18.0K units)
Denmark (11.8K units)
Ukraine (11.7K units)
Lithuania (10.8K units)
Poland (10.3K units)
China (2.7K units)
Italy (2.3K units)
Turkey (2.1K units)

Bed-Convertible Seat Exports in Finland

In 2022, the amount of seats convertible into beds exported from Finland fell remarkably to 1.1K units, with a decrease of -28.3% on the year before. Overall, exports, however, posted a slight expansion. The growth pace was the most rapid in 2021 with an increase of 130%. As a result, the exports reached the peak of 1.6K units, and then declined markedly in the following year.

In value terms, bed-convertible seat exports declined significantly to $1.3M in 2022. Over the period under review, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, the exports attained the peak figure at $2.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bed-Convertible Seat in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	665	568	674	730	3.2%
United States	733	296	29.6	374	-20.1%
Canada	111	42.7	0.1	54.0	-21.4%
Estonia	69.7	35.7	24.2	45.8	-13.1%
Gambia	5.8	30.9	2.6	13.9	33.8%
United Kingdom	10.5	11.7	11.8	12.8	6.8%
Sweden	2.7	0.8	8.4	9.1	49.9%
Bahamas	736	N/A	N/A	N/A	0%
Turkey	104	N/A	N/A	N/A	0%
Others	156	43.7	740	20.6	-49.1%
Total	2,594	1,030	1,491	1,260	-21.4%

Top Export Markets for Bed-Convertible Seat from Finland in 2022:

Russia (2026.0 units)
United States (274.0 units)
Gambia (184.0 units)
United Kingdom (112.0 units)
Sweden (79.0 units)
Estonia (72.0 units)
Canada (36.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bed-convertible seat 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023