Report Update: May 1, 2024

Finland - Telephones And Videophones - Market Analysis, Forecast, Size, Trends and Insights

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Telephone Price in Finland - 2023

Telephone Price in Finland (CIF) - 2023

In June 2023, the average telephone import price amounted to $74.9 per unit, which is down by -40.6% against the previous month. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in January 2023 when the average import price increased by 328% month-to-month. Over the period under review, average import prices reached the maximum at $219 per unit in September 2022; however, from October 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($380 per unit), while the price for Germany ($36.4 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 the United States (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Telephone Price in Finland (FOB) - 2022

The average telephone export price stood at $171 per unit in 2022, increasing by 74% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($543 per unit), while the average price for exports to Russia ($126 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 the UK (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Imports in Finland

For the fourth year in a row, Finland recorded growth in overseas purchases of telephones and videophones, which increased by 35% to 166K units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.1% 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 +91.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, telephone imports dropped to $16M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. Imports peaked at $18M in 2021, and then declined in the following year.

Import of Telephone in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	N/A	N/A	N/A	4.2	0%
China	4.3	7.4	11.9	3.8	-4.0%
Sweden	1.1	0.6	0.5	2.6	33.2%
United States	0.4	0.5	0.5	1.4	51.8%
Netherlands	0.1	0.1	0.4	0.9	108.0%
Germany	0.7	1.0	0.5	0.9	8.7%
Norway	0.3	0.3	0.5	0.7	32.6%
United Kingdom	0.1	2.7	0.1	0.1	0.0%
Others	0.8	0.5	3.2	0.8	0.0%
Total	7.9	13.2	17.6	15.5	25.2%

Top Suppliers of Telephone to Finland in 2022:

Ireland (43.9K units)
China (42.2K units)
Sweden (27.0K units)
United States (14.8K units)
Germany (11.2K units)
Netherlands (9.6K units)
Norway (7.4K units)
United Kingdom (0.8K units)

Telephone Exports in Finland

In 2022, overseas shipments of telephones and videophones decreased by -30.1% to 28K units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 76%. As a result, the exports attained the peak of 49K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone exports skyrocketed to $4.7M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 decreased by -8.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 60%. As a result, the exports attained the peak of $5.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Telephone in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	1,590	2,904	2,492	1,334	-5.7%
United Kingdom	49.9	71.0	352	1,051	176.2%
Sweden	57.0	139	125	673	127.7%
Estonia	97.5	244	361	513	73.9%
France	8.1	27.3	110	180	181.1%
Germany	183	10.2	20.6	174	-1.7%
Norway	36.1	80.3	52.3	164	65.6%
Lithuania	4.7	3.3	12.1	107	183.4%
United States	540	27.1	86.1	83.1	-46.4%
Austria	42.2	1,293	N/A	3.2	-57.7%
Others	584	321	250	429	-9.8%
Total	3,192	5,120	3,861	4,711	13.9%

Top Export Markets for Telephone from Finland in 2022:

Austria (undefinedK units)
Russia (10.6K units)
Sweden (4.4K units)
Estonia (3.3K units)
United Kingdom (1.9K units)
France (1.2K units)
Germany (1.1K units)
Norway (1.1K units)
Lithuania (0.7K units)
United States (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the telephone 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 26302100 - Line telephone sets with cordless handsets
Prodcom 26302330 - Telephone sets (excluding line telephone sets with cordless handsets and telephones for cellular networks or for other wireless networks), videophones

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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