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Finland - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Overview of the Market for Ballasts For Discharge Lamps Or Tubes 2021

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Market Size for Ballasts For Discharge Lamps Or Tubes in Finland

The Finnish ballast for discharge lamp market shrank significantly to $X in 2020, declining by -X% against the previous year. Overall, consumption saw a deep downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Ballast for discharge lamp consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in Finland

In value terms, ballast for discharge lamp production reduced modestly to $X in 2020 estimated in export prices. Overall, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Finland

In 2020, overseas shipments of ballasts for discharge lamps or tubes increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a deep contraction. Exports peaked at X units in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, ballast for discharge lamp exports surged to $X in 2020. Over the period under review, exports, however, showed a abrupt shrinkage. Exports peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Spain (X units) was the main destination for ballast for discharge lamp exports from Finland, with a X% share of total exports. Moreover, ballast for discharge lamp exports to Spain exceeded the volume sent to the second major destination, Poland (X units), threefold. Estonia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Estonia (-X% per year).

In value terms, Spain ($X) remains the key foreign market for ballast for discharge lamp exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Spain stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-X% per year) and Poland (-X% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2020, growing by X% against the previous year. Overall, the export price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Africa, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Finland

In 2020, approx. X units of ballasts for discharge lamps or tubes were imported into Finland; waning by -X% on 2019. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, ballast for discharge lamp imports amounted to $X in 2020. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of ballast for discharge lamp imports to Finland, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced a decline.

In value terms, China ($X), Italy ($X) and Germany ($X) were the largest ballast for discharge lamp suppliers to Finland, with a combined X% share of total imports.

Italy recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average ballast for discharge lamp import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ballast for discharge lamp import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ballasts for discharge lamps or tubes in the world?
+
The country with the largest volume of ballast for discharge lamp consumption was Hungary (683M units), accounting for 46% of total volume. Moreover, ballast for discharge lamp consumption in Hungary exceeded the figures recorded by the second-largest consumer, China (187M units), fourfold. The third position in this ranking was occupied by the U.S. (92M units), with a 6.3% share.
What are the largest producers of ballasts for discharge lamps or tubes in the world?
+
The country with the largest volume of ballast for discharge lamp production was Hungary (682M units), accounting for 43% of total volume. Moreover, ballast for discharge lamp production in Hungary exceeded the figures recorded by the second-largest producer, China (331M units), twofold. The third position in this ranking was occupied by the U.S. (76M units), with a 4.8% share.
What are the leading suppliers of ballasts for discharge lamps or tubes to Finland?
+
In value terms, China ($3.7M), Italy ($2.2M) and Germany ($581K) appeared to be the largest ballast for discharge lamp suppliers to Finland, with a combined 59% share of total imports.
What are the leading importers of ballasts for discharge lamps or tubes from Finland?
+
In value terms, Spain ($11M) remains the key foreign market for ballast for discharge lamp exports from Finland, comprising 68% of total exports. The second position in the ranking was occupied by Estonia ($818K), with a 5.1% share of total exports. It was followed by Poland, with a 3.8% share.
What is the average export price for ballasts for discharge lamps or tubes in Finland?
+
The average ballast for discharge lamp export price stood at $6.8 per unit in 2020, increasing by 4.6% against the previous year.
What is the average import price for ballasts for discharge lamps or tubes in Finland?
+
In 2020, the average ballast for discharge lamp import price amounted to $8 per unit, growing by 15% against the previous year.

Product coverage:
• Prodcom 27115013 - Inductors for discharge lamps or tubes
• Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)

This report provides an in-depth analysis of the market for ballast for discharge lamp 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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