Finland - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Finland - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights

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Syringe Price in Finland - 2023

Contents:

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

Syringe Price in Finland (FOB) - 2023

The average syringe export price stood at $722 per thousand units in June 2023, surging by 16% against the previous month. Overall, export price indicated prominent growth from June 2022 to June 2023: its price increased at an average monthly rate of +6.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, syringe export price increased by +75.9% against April 2023 indices. The growth pace was the most rapid in May 2023 an increase of 51% against the previous month. The export price peaked in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6.5 per unit), while the average price for exports to Sweden ($177 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 Russia (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Price in Finland (CIF) - 2022

The average syringe import price stood at $0.1 per unit in 2022, remaining stable against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, syringe import price decreased by -11.8% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46%. Over the period under review, average import prices attained the maximum at $0.2 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($0.4 per unit), while the price for the UK ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Syringe Exports in Finland

After three years of growth, shipments abroad of syringes, with or without needles decreased by -32.1% to 87M units in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 180% against the previous year. As a result, the exports reached the peak of 129M units, and then fell significantly in the following year.

In value terms, syringe exports fell markedly to $31M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 16%. Over the period under review, the exports hit record highs at $38M in 2021, and then fell significantly in the following year.

Export of Syringe in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom17.120.019.722.18.9%
United States3.73.84.44.78.3%
Russia0.30.1N/A2.4100.0%
Sweden1.31.01.50.8-14.9%
Germany4.57.211.60.3-59.5%
Others1.20.60.51.1-2.9%
Total28.132.637.731.43.8%

Top Export Markets for Syringe from Finland in 2022:

  1. United Kingdom (68.4M units)
  2. Russia (8.7M units)
  3. Sweden (7.0M units)
  4. United States (2.0M units)
  5. Germany (0.1M units)

Syringe Imports in Finland

In 2022, approx. 63M units of syringes, with or without needles were imported into Finland; with a decrease of -21.9% against 2021. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports attained the maximum at 82M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, syringe imports shrank significantly to $9.2M in 2022. Over the period under review, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of $12M, and then shrank markedly in the following year.

Import of Syringe in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,6971,4221,5592,2489.8%
China1,5941,1982,3551,301-6.5%
Germany1,5301,4691,9291,091-10.7%
United States5249951,1741,04926.0%
Sweden9697689199900.7%
Poland1157161,06280591.3%
Denmark1,123741870736-13.1%
Belgium43957378158810.2%
Slovakia59.969.093.155.5-2.5%
United Kingdom13751730838.5-34.5%
Others1,4141,282732301-40.3%
Total9,6039,75011,7819,204-1.4%

Top Suppliers of Syringe to Finland in 2022:

  1. Sweden (14.0M units)
  2. China (12.4M units)
  3. Germany (9.4M units)
  4. Netherlands (6.3M units)
  5. United States (6.0M units)
  6. Belgium (4.5M units)
  7. Denmark (3.7M units)
  8. Poland (2.5M units)
  9. Slovakia (1.4M units)
  10. United Kingdom (0.7M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the syringe 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 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences

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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