Finland - Instruments For Dental Sciences - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Instruments For Dental Sciences - Market Analysis, Forecast, Size, Trends And Insights

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Dental Instruments Price in Finland - 2023

Contents:

  1. Dental Instruments Price in Finland (FOB) - 2023
  2. Dental Instruments Price in Finland (CIF) - 2022
  3. Dental Instruments Exports in Finland
  4. Dental Instruments Imports in Finland

Dental Instruments Price in Finland (FOB) - 2023

The average dental instruments export price stood at $3.8 per unit in June 2023, rising by 41% against the previous month. Overall, the export price enjoyed a noticeable expansion. The pace of growth was the most pronounced in April 2023 when the average export price increased by 50% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Israel ($18.0 per unit), while the average price for exports to Belgium ($808 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Price in Finland (CIF) - 2022

The average dental instruments import price stood at $0.5 per unit in 2022, growing by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($15 per unit), while the price for China ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Dental Instruments Exports in Finland

In 2022, after three years of growth, there was significant decline in overseas shipments of instruments for dental sciences, when their volume decreased by -10.5% to 31M units. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 253% against the previous year. The exports peaked at 34M units in 2021, and then declined in the following year.

In value terms, dental instruments exports rose to $72M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Dental Instruments in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7.46.27.37.1-1.4%
Norway4.74.25.56.813.1%
Japan4.24.45.66.113.2%
China4.45.65.24.61.5%
France4.24.24.74.30.8%
Germany5.64.44.54.0-10.6%
Netherlands1.41.42.03.333.1%
Australia2.31.82.43.110.5%
Russia2.42.84.43.18.9%
Italy3.11.92.23.0-1.1%
Canada0.20.20.31.7104.1%
IsraelN/A0.30.11.4116.0%
Belgium0.60.60.91.122.4%
Others22.118.823.322.0-0.2%
Total62.556.968.471.64.6%

Top Export Markets for Dental Instruments from Finland in 2022:

  1. China (2.3M units)
  2. Sweden (0.7M units)
  3. Norway (0.6M units)
  4. Japan (0.4M units)
  5. Germany (0.4M units)
  6. Canada (0.3M units)
  7. Australia (0.3M units)
  8. France (0.3M units)
  9. Israel (0.2M units)
  10. Italy (0.2M units)
  11. Netherlands (0.2M units)
  12. Belgium (0.2M units)
  13. Russia (0.2M units)

Dental Instruments Imports in Finland

In 2022, approx. 104M units of instruments for dental sciences were imported into Finland; waning by -8.8% against the year before. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of 115M units, and then declined in the following year.

In value terms, dental instruments imports reduced modestly to $55M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of $56M, and then contracted slightly in the following year.

Import of Dental Instruments in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.412.317.515.213.5%
China7.86.38.812.717.6%
Sweden7.99.810.89.56.3%
United States10.57.44.95.3-20.4%
Italy2.51.92.12.0-7.2%
Estonia0.50.40.30.2-26.3%
Others11.19.211.710.3-2.5%
Total50.747.256.155.22.9%

Top Suppliers of Dental Instruments to Finland in 2022:

  1. China (16.4M units)
  2. Sweden (4.1M units)
  3. Germany (2.9M units)
  4. Italy (1.0M units)
  5. United States (0.4M units)
  6. Estonia (0.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dental instruments 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 32501150 - Instruments and appliances used in dental sciences (excluding drill engines)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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