Latest Report Update: Sep 27, 2021

Finland - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Laser Market Overview 2021

Laser Market Size in Finland

In 2020, after two years of growth, there was significant decline in the Finnish laser market, when its value decreased by -X% to $X. Over the period under review, consumption, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then dropped in the following year.

Laser Production in Finland

In value terms, laser production rose rapidly to $X in 2020 estimated in export prices. Over the period under review, production saw a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Laser Exports

Exports from Finland

In 2020, approx. X units of lasers, other than laser diodes were exported from Finland; with an increase of X% on the previous year's figure. Over the period under review, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, laser exports totaled $X in 2020. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

China (X units), the U.S. (X units) and Canada (X units) were the main destinations of laser exports from Finland, together accounting for X% of total exports. These countries were followed by Switzerland, Australia, Democratic Republic of the Congo, Norway, Argentina and Mexico, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the U.S. ($X) and Democratic Republic of the Congo ($X) constituted the largest markets for laser exported from Finland worldwide, together comprising X% of total exports.

China saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average laser export price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. As a result, export price attained the peak level of $X per unit. from 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Norway ($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 Democratic Republic of the Congo, while the prices for the other major destinations experienced a decline.

Laser Imports

Imports into Finland

In 2020, overseas purchases of lasers, other than laser diodes decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at X units in 2019, and then declined in the following year.

In value terms, laser imports declined to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2019, and then shrank in the following year.

Imports by Country

In 2020, China (X units) constituted the largest laser supplier to Finland, accounting for a X% share of total imports. Moreover, laser imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), ninefold.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

In 2020, the average laser import price amounted to $X per unit, waning by -X% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for Sweden stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lasers, other than laser diodes in the world?
+
The country with the largest volume of laser consumption was China (118M units), accounting for 85% of total volume. Moreover, laser consumption in China exceeded the figures recorded by the second-largest consumer, Hong Kong SAR (8.2M units), more than tenfold.
What are the largest producers of lasers, other than laser diodes in the world?
+
The countries with the highest volumes of laser production in 2020 were Hong Kong SAR (896K units), Japan (876K units) and the U.S. (408K units), with a combined 42% share of global production.
What are the leading suppliers of lasers, other than laser diodes to Finland?
+
In value terms, China ($794K) constituted the largest supplier of laser to Finland, comprising 6.5% of total imports. The second position in the ranking was occupied by Sweden ($17K), with a 0.1% share of total imports.
What are the leading importers of lasers, other than laser diodes from Finland?
+
In value terms, China ($2M), the U.S. ($2M) and Democratic Republic of the Congo ($75K) appeared to be the largest markets for laser exported from Finland worldwide, with a combined 20% share of total exports.
What is the average export price for lasers, other than laser diodes in Finland?
+
The average laser export price stood at $2,405 per unit in 2020, which is down by -3.7% against the previous year.
What is the average import price for lasers, other than laser diodes in Finland?
+
The average laser import price stood at $128 per unit in 2020, falling by -9.3% against the previous year.

Product coverage:
• Prodcom 26702330 - Lasers (excluding laser diodes, machines and appliances incorporating lasers)

This report provides an in-depth analysis of the laser 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 2007–2020
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 2030
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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