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Finland - Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Finland: Footwear Market Overview 2019

Footwear Market Size in Finland

The revenue of the footwear market in Finland amounted to $X in 2018, increasing by X% against the previous year. In general, footwear consumption, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Footwear consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Footwear Production in Finland

In value terms, footwear production stood at $X in 2018 estimated in export prices. Overall, footwear production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, footwear production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Footwear Exports

Exports from Finland

In 2018, the footwear exports from Finland stood at X pairs, rising by X% against the previous year. Overall, the total exports indicated strong growth from 2007 to 2018: its volume 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. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, footwear exports reached their peak figure at X pairs in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, footwear exports amounted to $X in 2018. Overall, footwear exports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Sweden (X pairs) was the main destination for footwear exports from Finland, with a X% share of total exports. Moreover, footwear exports to Sweden exceeded the volume sent to the second major destination, Russia (X pairs), twofold. The third position in this ranking was occupied by Estonia (X pairs), with a X% share.

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

In value terms, Sweden ($X) remains the key foreign market for footwear exports from Finland, comprising X% of total footwear exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and Norway (+X% per year).

Export Prices by Country

In 2018, the average footwear export price amounted to $X per pair, lowering by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. In that year, the average export prices for footwear reached their peak level of $X per pair, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced mixed trend patterns.

Footwear Imports

Imports into Finland

Footwear imports into Finland stood at X pairs in 2018, rising by X% against the previous year. Over the period under review, footwear imports, however, continue to indicate a mild deduction. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. In that year, footwear imports reached their peak of X pairs. From 2009 to 2018, the growth of footwear imports remained at a lower figure.

In value terms, footwear imports totaled $X in 2018. In general, footwear imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. In that year, footwear imports attained their peak of $X. From 2012 to 2018, the growth of footwear imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X pairs) constituted the largest footwear supplier to Finland, accounting for a X% share of total imports. Moreover, footwear imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X pairs), fourfold. The third position in this ranking was occupied by Sweden (X pairs), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (-X% per year) and Sweden (-X% per year).

In value terms, China ($X) constituted the largest supplier of footwear to Finland, comprising X% of total footwear imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

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: Viet Nam (+X% per year) and Sweden (-X% per year).

Import Prices by Country

In 2018, the average footwear import price amounted to $X per pair, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. In that year, the average import prices for footwear reached their peak level of $X per pair. From 2010 to 2018, the growth in terms of the average import prices for footwear remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Denmark ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
• Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
• Prodcom 15201351 - Men
• Prodcom 15201352 - Women
• Prodcom 15201353 - Children
• Prodcom 15201361 - Men
• Prodcom 15201362 - Women
• Prodcom 15201363 - Children
• Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
• Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
• Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
• Prodcom 15201231 - Town footwear with rubber or plastic uppers
• Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
• Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

This report provides an in-depth analysis of the footwear 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 2025
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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