Finland - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOptical Radiation Instruments Price in Finland - 2023
Contents:
- Optical Radiation Instruments Price in Finland (FOB) - 2022
- Optical Radiation Instruments Price in Finland (CIF) - 2022
- Optical Radiation Instruments Exports in Finland
- Optical Radiation Instruments Imports in Finland
Optical Radiation Instruments Price in Finland (FOB) - 2022
In 2022, the average optical radiation instruments export price amounted to $341 per unit, falling by -2.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 13%. The export price peaked at $351 per unit in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($586 per unit), while the average price for exports to India ($180 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 China (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Radiation Instruments Price in Finland (CIF) - 2022
In 2022, the average optical radiation instruments import price amounted to $427 per unit, with an increase of 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 when the average import price increased by 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 UK ($1,032 per unit), while the price for China ($176 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Radiation Instruments Exports in Finland
Optical radiation instruments exports from Finland reduced modestly to 205K units in 2022, which is down by -4.4% compared with 2021. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 214K units, and then shrank slightly in the following year.
In value terms, optical radiation instruments exports shrank to $70M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of $75M, and then shrank in the following year.
Export of Optical Radiation Instruments in Finland (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.2 | 17.9 | 19.9 | 14.2 | 0.0% |
United States | 9.2 | 8.7 | 9.2 | 9.7 | 1.8% |
Germany | 3.5 | 7.0 | 8.0 | 7.0 | 26.0% |
Russia | 3.2 | 2.9 | 2.9 | 3.4 | 2.0% |
India | 1.2 | 0.8 | 1.9 | 2.6 | 29.4% |
France | 1.1 | 1.7 | 2.7 | 2.5 | 31.5% |
United Kingdom | 2.2 | 2.3 | 3.0 | 2.5 | 4.4% |
Sweden | 0.6 | 0.8 | 2.1 | 2.5 | 60.9% |
Singapore | 3.9 | 0.4 | 0.8 | 2.3 | -16.1% |
Belgium | 2.4 | 0.7 | 1.8 | 1.7 | -10.9% |
Brazil | 1.0 | 0.9 | 1.2 | 1.6 | 17.0% |
South Korea | 3.5 | 2.3 | 1.4 | 1.5 | -24.6% |
Philippines | 0.3 | 0.1 | 0.6 | 0.9 | 44.2% |
Others | 17.0 | 15.8 | 19.7 | 17.7 | 1.4% |
Total | 63.2 | 62.2 | 75.2 | 69.9 | 3.4% |
Top Export Markets for Optical Radiation Instruments from Finland in 2022:
- United States (32.7K units)
- China (24.2K units)
- Germany (16.6K units)
- India (14.4K units)
- United Kingdom (12.6K units)
- Russia (11.9K units)
- Singapore (9.1K units)
- Sweden (8.7K units)
- France (7.6K units)
- Belgium (5.7K units)
- Philippines (4.9K units)
- Brazil (4.6K units)
- South Korea (3.6K units)
Optical Radiation Instruments Imports in Finland
Optical radiation instruments imports into Finland declined to 47K units in 2022, which is down by -14.5% compared with 2021. Overall, imports recorded a deep setback. The smallest decline of -2.6% was in 2021. Imports peaked at 74K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, optical radiation instruments imports fell to $20M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. Imports peaked at $26M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Optical Radiation Instruments in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.9 | 6.0 | 6.0 | 4.9 | -14.7% |
Germany | 6.6 | 6.0 | 5.0 | 4.9 | -9.5% |
United Kingdom | 1.2 | 1.3 | 2.2 | 3.5 | 42.9% |
Singapore | 0.3 | 1.0 | 1.1 | 1.7 | 78.3% |
China | 2.2 | 1.2 | 2.0 | 1.3 | -16.1% |
Japan | 0.7 | 0.5 | 0.9 | 0.7 | 0.0% |
Sweden | 1.4 | 0.6 | 1.2 | 0.4 | -34.1% |
Hungary | N/A | N/A | N/A | 0.3 | 0% |
Switzerland | 1.1 | 0.4 | 0.1 | 0.2 | -43.3% |
Netherlands | 1.1 | 0.6 | 0.2 | 0.1 | -55.0% |
Others | 3.4 | 1.8 | 3.3 | 2.1 | -14.8% |
Total | 26.1 | 19.2 | 21.9 | 20.1 | -8.3% |
Top Suppliers of Optical Radiation Instruments to Finland in 2022:
- Germany (12.1K units)
- United States (11.2K units)
- China (7.4K units)
- United Kingdom (3.4K units)
- Japan (3.3K units)
- Singapore (3.0K units)
- Hungary (1.5K units)
- Netherlands (0.4K units)
- Sweden (0.4K units)
- Switzerland (0.4K units)
This report provides an in-depth analysis of the optical radiation 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.
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
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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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