Latest Report Update: Dec 20, 2019

Finland - Household Washing And Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Washing Machine Market Overview 2020

Washing Machine Market Size in Finland

The revenue of the washing machine market in Finland amounted to $X in 2018, jumping by X% against the previous year. Overall, washing machine consumption, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Over the period under review, the washing machine market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Washing Machine Production in Finland

In value terms, washing machine production stood at $X in 2018 estimated in export prices. In general, washing machine production, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when production volume increased by X% y-o-y. Over the period under review, washing machine production attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Washing Machine Exports

Exports from Finland

In 2018, approx. X units of household washing and drying machines were exported from Finland; reducing by -X% against the previous year. In general, washing machine exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, washing machine exports reached their peak figure at X units in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, washing machine exports totaled $X in 2018. Overall, washing machine exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

South Korea (X units), Hungary (X units) and China (X units) were the main destinations of washing machine exports from Finland, with a combined X% share of total exports. These countries were followed by Sweden, India, Gambia, China, Hong Kong SAR, Denmark and Viet Nam, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Gambia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing machine exported from Finland were India ($X), Hungary ($X) and Sweden ($X), together comprising X% of total exports. China, South Korea, Viet Nam, Denmark, China, Hong Kong SAR and Gambia lagged somewhat behind, together accounting for a further X terms of the main countries of destination, China, Hong Kong SAR experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average washing machine export price amounted to $X per unit, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. In that year, the average export prices for household washing and drying machines reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per unit), while the average price for exports to Gambia ($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 Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Washing Machine Imports

Imports into Finland

In 2018, approx. X units of household washing and drying machines were imported into Finland; rising by X% against the previous year. Over the period under review, washing machine imports, however, continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, washing machine imports stood at $X in 2018. Over the period under review, washing machine imports, however, continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X units), Poland (X units) and Turkey (X units) were the main suppliers of washing machine 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 Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the largest washing machine suppliers to Finland were Sweden ($X), Poland ($X) and Italy ($X), together accounting for X% of total imports. Turkey, Slovakia, Germany and South Korea lagged somewhat behind, together comprising a further X recorded the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average washing machine import price amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the washing machine import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for household washing and drying machines reached their peak figure at $X per unit in 2017, and then declined slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2018, the countries with the highest prices were Sweden ($X per unit) and Italy ($X per unit), while the price for Germany ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27511300 - Cloth washing and drying machines, of the household type

This report provides an in-depth analysis of the washing machine 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.


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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