Finland - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMicrowave Oven Price in Finland - 2023
Contents:
- Microwave Oven Price in Finland (CIF) - 2023
- Microwave Oven Price in Finland (FOB) - 2022
- Microwave Oven Imports in Finland
- Microwave Oven Exports in Finland
Microwave Oven Price in Finland (CIF) - 2023
In August 2023, the average microwave oven import price amounted to $91.3 per unit, which is down by -16.5% against the previous month. In general, the import price recorded a mild reduction. The growth pace was the most rapid in November 2022 an increase of 23% against the previous month. Over the period under review, average import prices reached the peak figure at $115 per unit in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($166 per unit), while the price for China ($59.8 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 Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Microwave Oven Price in Finland (FOB) - 2022
The average microwave oven export price stood at $84 per unit in 2022, waning by -30% against the previous year. Over the period under review, the export price, however, showed noticeable growth. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. As a result, the export price reached the peak level of $198 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($136 per unit), while the average price for exports to Estonia ($41 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 Latvia (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Microwave Oven Imports in Finland
In 2022, approx. 295K units of microwave ovens were imported into Finland; jumping by 56% against the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +65.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, microwave oven imports amounted to $19M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 10% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Microwave Oven in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.3 | 11.0 | 10.4 | 10.1 | 222.9% |
| China | 8.4 | 4.0 | 5.1 | 3.8 | -23.2% |
| United Kingdom | 2.4 | N/A | N/A | 1.8 | -9.1% |
| Poland | 0.4 | 0.4 | 1.2 | 1.2 | 44.2% |
| Germany | 0.2 | 0.3 | 0.7 | 1.0 | 71.0% |
| Malaysia | 2.0 | N/A | N/A | 0.2 | -53.6% |
| Others | 1.4 | 0.5 | 0.5 | 0.6 | -24.6% |
| Total | 15.1 | 16.2 | 17.9 | 18.6 | 7.2% |
Top Suppliers of Microwave Oven to Finland in 2022:
- Sweden (150.4K units)
- China (102.8K units)
- United Kingdom (15.4K units)
- Poland (11.1K units)
- Germany (6.5K units)
- Malaysia (4.1K units)
Microwave Oven Exports in Finland
In 2022, microwave oven exports from Finland surged to 5.5K units, jumping by 103% compared with the previous year. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, microwave oven exports skyrocketed to $460K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Microwave Oven in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 205 | 182 | 152 | 186 | -3.2% |
| Denmark | 13.6 | 60.5 | 83.0 | 166 | 130.2% |
| Estonia | 52.2 | 48.7 | 65.7 | 64.3 | 7.2% |
| Gambia | 3.3 | 3.6 | 4.4 | 2.0 | -15.4% |
| United States | N/A | 50.8 | N/A | 1.3 | -84.0% |
| Others | 14.9 | 48.7 | 17.1 | 39.2 | 38.0% |
| Total | 289 | 394 | 323 | 460 | 16.8% |
Top Export Markets for Microwave Oven from Finland in 2022:
- Denmark (2339.0 units)
- Estonia (1572.0 units)
- Sweden (1373.0 units)
- Gambia (43.0 units)
- United States (3.0 units)
This report provides an in-depth analysis of the microwave oven 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 27512700 - Domestic microwave ovens
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
677
This report provides an in-depth analysis of the microwave oven market in Finland.
239
This report provides an in-depth analysis of the domestic electric oven market in Finland.
98
This report provides an in-depth analysis of the domestic electro-thermic appliances market in Finland.
344
This report provides an in-depth analysis of the hair curler market in Finland.
495
This report provides an in-depth analysis of the electric heating radiator market in Finland.
444
This report provides an in-depth analysis of the electric radiator market in Finland.
374
This report provides an in-depth analysis of the electric heating resistor market in Finland.
301
This report provides an in-depth analysis of the electric hand-dryer market in Finland.
402
This report provides an in-depth analysis of the electric hair dryer market in Finland.
338
This report provides an in-depth analysis of the market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in Finland.
290
Explore the top import markets for microwave ovens worldwide and analyze key statistics and numbers behind their success. Discover lucrative opportunities in these markets.
52
Explore the top import markets for electric heating resistor and the key statistics from leading countries. Find out where the demand is highest and what drives the market growth.
326
Discover the top import markets for domestic coffee machines around the world. Explore key statistics and insights into the market potential of these countries. Stay informed with IndexBox market intelligence platform.
453
The average domestic coffee machine export price soared from $43 per unit in 2019 to $92 per unit in 2020. Among the leading exporters, the most notable price growth rate was attained by China. The average export price for Chinese coffee machines grew fivefold.
1337
With a huge jump in exports in 2014, Mexico surged to the second spot in the global electric water heater and immersion heater trade. In 2014, Mexico exported X thousand tons of electric water heaters and immersion heaters totaling X million USD
1904
China dominates in the global trade of electric space heating apparatus and soil heating apparatus. In 2014, China exported X thousand tons of electric space heating apparatus and soil heating apparatus totaling X billion USD, X% over the previo
1347
Despite a X% drop in exports in 2014, France held the second spot in the global electric smoothing iron trade. In 2014, France exported X thousand tons of electric smoothing irons totaling X million USD. Its primary trading partner was Germany,
899
In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
2260
In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
996
China continued its dominance in the global trade of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters. In 2014, China exported X thousand tons of electric ovens, cookers, cooking plates, boiling rings, grillers and roas
