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?

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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?

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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?

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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?

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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?

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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?

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The average laser import price stood at $128 per unit in 2020, falling by -9.3% against the previous year.