Finland: Food Mixer Market Overview 2020

Food Mixer Market Size in Finland

The revenue of the food mixer market in Finland amounted to $X in 2018, remaining constant 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). In general, the total market indicated a buoyant expansion 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, food mixer consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Food mixer consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Food Mixer Exports

Exports from Finland

In 2018, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were exported from Finland; coming down by -X% against the previous year. Overall, food mixer exports continue to indicate a drastic setback. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, food mixer exports attained their maximum at X units in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, food mixer exports amounted to $X in 2018. Over the period under review, food mixer exports continue to indicate a deep drop. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. In that year, food mixer exports reached their peak of $X. From 2014 to 2018, the growth of food mixer exports remained at a somewhat lower figure.

Exports by Country

Estonia (X units), Sweden (X units) and Georgia (X units) were the main destinations of food mixer exports from Finland, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Georgia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for food mixer exported from Finland were Russia ($X), Sweden ($X) and Estonia ($X), together comprising X% of total exports. Georgia, Denmark and Latvia lagged somewhat behind, together comprising a further X the main countries of destination, Georgia experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average food mixer export price stood at $X per unit in 2018, surging by X% against the previous year. In general, the food mixer export price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, the average export prices for domestic food grinders and mixers and fruit or vegetable juice extractors attained their peak figure at $X per unit in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Russia ($X per unit), while the average price for exports to Estonia ($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 Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Food Mixer Imports

Imports into Finland

Food mixer imports into Finland stood at X units in 2018, rising by X% against the previous year. Overall, the total imports indicated a resilient expansion from 2007 to 2018: its volume 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, food mixer imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at X units in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, food mixer imports stood at $X in 2018. Over the period under review, the total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, food mixer imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X units) constituted the largest supplier of food mixer to Finland, accounting for a X% share of total imports. Moreover, food mixer imports from China exceeded the figures recorded by the second-largest supplier, Slovenia (X units), sevenfold.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+X% per year) and Portugal (+X% per year).

In value terms, China ($X) constituted the largest supplier of food mixer to Finland, comprising X% of total food mixer imports. The second position in the ranking was occupied by Slovenia ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+X% per year) and Portugal (-X% per year).

Import Prices by Country

The average food mixer import price stood at $X per unit in 2018, dropping by -X% against the previous year. In general, the food mixer import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% year-to-year. In that year, the average import prices for domestic food grinders and mixers and fruit or vegetable juice extractors attained their peak level of $X per unit. From 2014 to 2018, the growth in terms of the average import prices for domestic food grinders and mixers and fruit or vegetable juice extractors remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform