Finland - Non-Electronic Hydro-, Hygro-, Psychrometers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Finland - Non-Electronic Hydro-, Hygro-, Psychrometers - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electronic Hydro- and Hygrometers in Finland - 2023

Contents:

  1. Price for Non-Electronic Hydro- and Hygrometers in Finland (FOB) - 2023
  2. Price for Non-Electronic Hydro- and Hygrometers in Finland (CIF) - 2023
  3. Exports of Non-Electronic Hydro- and Hygrometers in Finland
  4. Imports of Non-Electronic Hydro- and Hygrometers in Finland

Price for Non-Electronic Hydro- and Hygrometers in Finland (FOB) - 2023

The average non-electronic hydro- and hygrometers export price stood at $26.7 per unit in June 2023, reducing by -15.8% against the previous month. Over the period under review, the export price showed a mild slump. The pace of growth appeared the most rapid in January 2023 an increase of 25% against the previous month. As a result, the export price reached the peak level of $39.7 per unit. From February 2023 to June 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($55.1 per unit), while the average price for exports to Poland ($4.7 per unit) 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 Russia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Non-Electronic Hydro- and Hygrometers in Finland (CIF) - 2023

The average non-electronic hydro- and hygrometers import price stood at $4.7 per unit in June 2023, shrinking by -38.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 78% against the previous month. The import price peaked at $11.4 per unit in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($20.3 per unit), while the price for Hong Kong SAR ($1.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Non-Electronic Hydro- and Hygrometers in Finland

In 2022, after three years of growth, there was significant decline in overseas shipments of non-electronic hydro-, hygro-, psychrometers, when their volume decreased by -11.8% to 3.2M units. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 423% against the previous year. Over the period under review, the exports reached the peak figure at 3.6M units in 2021, and then contracted in the following year.

In value terms, non-electronic hydro- and hygrometers exports expanded significantly to $138M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Non-Electronic Hydro- and Hygrometers in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.325.232.439.015.5%
China16.215.426.033.126.9%
Japan11.410.310.911.70.9%
Germany5.55.57.27.29.4%
South Korea3.34.25.45.216.4%
United Kingdom1.92.43.53.522.6%
Canada2.52.54.03.410.8%
Singapore1.01.72.93.044.2%
France1.91.62.23.016.4%
Poland0.40.91.42.071.0%
Sweden1.11.32.22.022.1%
Russia1.91.82.51.90.0%
Taiwan (Chinese)0.91.11.71.723.6%
Others14.816.020.721.713.6%
Total88.290.012313816.1%

Top Export Markets for Non-Electronic Hydro- and Hygrometers from Finland in 2022:

  1. United States (849.1K units)
  2. China (594.3K units)
  3. Germany (298.6K units)
  4. Poland (221.2K units)
  5. Japan (152.2K units)
  6. Sweden (103.0K units)
  7. Russia (100.8K units)
  8. South Korea (84.3K units)
  9. United Kingdom (81.8K units)
  10. France (80.6K units)
  11. Canada (57.6K units)
  12. Singapore (57.1K units)
  13. Taiwan (Chinese) (49.1K units)

Imports of Non-Electronic Hydro- and Hygrometers in Finland

In 2022, non-electronic hydro- and hygrometers imports into Finland expanded significantly to 910K units, growing by 6% against the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 262% against the previous year. As a result, imports reached the peak of 962K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electronic hydro- and hygrometers imports expanded significantly to $4.9M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Non-Electronic Hydro- and Hygrometers in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6151,6491,4391,9105.8%
Germany3972982454191.8%
Sweden327332360322-0.5%
Slovakia319134210284-3.8%
Denmark14033123878.5-17.5%
France15311664.666.1-24.4%
Bulgaria90.230.12.713.6-46.8%
Others1,2411,8542,0971,79813.2%
Total4,2834,7454,6574,8924.5%

Top Suppliers of Non-Electronic Hydro- and Hygrometers to Finland in 2022:

  1. China (700.8K units)
  2. Slovakia (52.5K units)
  3. Sweden (30.6K units)
  4. Germany (25.9K units)
  5. Denmark (12.9K units)
  6. France (5.9K units)
  7. Bulgaria (1.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electronic hydro- and hygrometers 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 26515179 - Non-electronic hydro-, hygro-, psychrometers (including hygrographs, thermo-hygrographs, baro-thermo-hygrographs, a ctinometers, pagoscopes, excluding radio-sondes for atmospheric soundings)

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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