Finland - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Finland - 2023
Contents:
- Non-Household Fan Price in Finland (CIF) - 2023
- Non-Household Fan Price in Finland (FOB) - 2023
- Non-Household Fan Imports in Finland
- Non-Household Fan Exports in Finland
Non-Household Fan Price in Finland (CIF) - 2023
The average non-household fan import price stood at $135 per unit in August 2023, with an increase of 2.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 18% month-to-month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($156 per unit), while the price for Poland ($85.9 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 Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Household Fan Price in Finland (FOB) - 2023
In August 2023, the average non-household fan export price amounted to $210 per unit, surging by 12% against the previous month. In general, export price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, non-household fan export price decreased by -7.1% against May 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 46% against the previous month. As a result, the export price reached the peak level of $226 per unit. From June 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($366 per unit), while the average price for exports to the UK ($86.5 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 (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Imports in Finland
In 2022, the amount of non-household ventilation fans imported into Finland surged to 2.6M units, with an increase of 71% against the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 80%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, non-household fan imports expanded rapidly to $100M in 2022. The total import value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Non-Household Fan in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 40.3 | 40.0 | 48.3 | 52.2 | 9.0% |
Sweden | 7.6 | 9.7 | 10.3 | 11.2 | 13.8% |
China | 3.7 | 2.2 | 3.4 | 3.2 | -4.7% |
Hong Kong SAR | N/A | N/A | N/A | 3.1 | 0% |
Vietnam | 2.8 | 2.3 | 2.0 | 2.5 | -3.7% |
Taiwan (Chinese) | 1.5 | 0.8 | 1.2 | 1.4 | -2.3% |
Thailand | 0.4 | 0.6 | 0.6 | 1.2 | 44.2% |
Philippines | 0.5 | 0.7 | 1.3 | 1.1 | 30.1% |
France | 0.9 | 0.9 | 1.2 | 1.0 | 3.6% |
Others | 19.9 | 20.0 | 22.0 | 23.4 | 5.5% |
Total | 77.5 | 77.1 | 90.3 | 100 | 8.9% |
Top Suppliers of Non-Household Fan to Finland in 2022:
- Germany (765.3K units)
- Vietnam (707.2K units)
- China (404.5K units)
- Philippines (118.7K units)
- Hong Kong SAR (108.3K units)
- Taiwan (Chinese) (94.6K units)
- Thailand (75.8K units)
- Sweden (44.8K units)
- France (31.9K units)
Non-Household Fan Exports in Finland
In 2022, approx. 250K units of non-household ventilation fans were exported from Finland; with an increase of 24% compared with the previous year's figure. Overall, exports saw a relatively flat trend pattern. The exports peaked at 257K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, non-household fan exports rose sharply to $36M in 2022. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at $48M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Household Fan in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.6 | 2.9 | 2.8 | 4.5 | 20.1% |
Sweden | 15.5 | 7.3 | 4.4 | 3.1 | -41.5% |
Germany | 3.6 | 2.5 | 2.3 | 2.7 | -9.1% |
China | 1.6 | 1.5 | 1.9 | 2.4 | 14.5% |
Estonia | 1.0 | 1.0 | 0.9 | 1.8 | 21.6% |
Russia | 3.5 | 2.8 | 3.1 | 1.7 | -21.4% |
France | 1.6 | 1.3 | 1.3 | 1.5 | -2.1% |
United Kingdom | 3.0 | 1.9 | 1.5 | 1.5 | -20.6% |
Netherlands | 1.8 | 1.3 | 1.5 | 1.4 | -8.0% |
Norway | 1.1 | 1.2 | 0.8 | 0.9 | -6.5% |
India | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
Hungary | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Latvia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 12.3 | 12.8 | 11.2 | 13.4 | 2.9% |
Total | 48.1 | 37.2 | 32.4 | 35.8 | -9.4% |
Top Export Markets for Non-Household Fan from Finland in 2022:
- Estonia (55.4K units)
- Russia (24.5K units)
- China (23.1K units)
- Germany (17.2K units)
- United States (15.3K units)
- Sweden (14.7K units)
- Netherlands (7.2K units)
- United Kingdom (7.2K units)
- France (6.8K units)
- India (5.6K units)
- Norway (5.6K units)
- Latvia (4.9K units)
- Hungary (4.6K units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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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