Latest Report Update: Jan 16, 2020

Finland - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Contact Lens Market Overview 2020

Contact Lens Market Size in Finland

The revenue of the contact lens market in Finland amounted to $X in 2018, lowering by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, contact lens consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, the contact lens market reached its peak figure level at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Contact Lens Exports

Exports from Finland

In 2018, the amount of contact lenses exported from Finland totaled X units, picking up by X% against the previous year. In general, contact lens exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, contact lens exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, contact lens exports totaled $X in 2018. Overall, contact lens exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, contact lens exports attained their peak figure at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Estonia (X units) was the main destination for contact lens exports from Finland, with a X% share of total exports. Moreover, contact lens exports to Estonia exceeded the volume sent to the second major destination, the U.S. (X units), twofold. Singapore (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Estonia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Singapore (+X% per year).

In value terms, the largest markets for contact lens exported from Finland were Estonia ($X), Singapore ($X) and Iceland ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Singapore (+X% per year) experienced the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average contact lens export price amounted to $X per unit, increasing by X% against the previous year. In general, the contact lens export price, however, continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. In that year, the average export prices for contact lenses reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average export prices for contact lenses failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per unit), while the average price for exports to the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Iceland, while the prices for the other major destinations experienced a decline.

Contact Lens Imports

Imports into Finland

In 2018, the imports of contact lenses into Finland amounted to X units, jumping by X% against the previous year. Overall, contact lens imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, contact lens imports stood at $X in 2018. Overall, contact lens imports continue to indicate temperate growth. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. In that year, contact lens imports attained their peak of $X. From 2010 to 2018, the growth of contact lens imports remained at a lower figure.

Imports by Country

The U.S. (X units), Sweden (X units) and Germany (X units) were the main suppliers of contact lens imports to Finland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the U.S., while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and Sweden ($X) were the largest contact lens suppliers to Finland, with a combined X% share of total imports. The UK, Ireland, Singapore and Viet Nam lagged somewhat behind, together comprising a further X Nam recorded the highest rates of growth with regard to market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average contact lens import price stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the contact lens import price continues to indicate a deep drop. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% year-to-year. In that year, the average import prices for contact lenses reached their peak level of $X per unit. From 2010 to 2018, the growth in terms of the average import prices for contact lenses remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504130 - Contact lenses

This report provides an in-depth analysis of the contact lens 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 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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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