Finland - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Finland: Laser Market Overview 2021
Laser Market Size in Finland
For the fourth consecutive year, the Finnish laser market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption showed prominent growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Laser consumption peaked in 2019 and is likely to continue growth in the near future.
Laser Production in Finland
In value terms, laser production skyrocketed to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Laser production peaked in 2019 and is likely to see steady growth in years to come.
Exports from Finland
In 2019, the amount of lasers, other than laser diodes exported from Finland stood at X units, flattening at 2018. Overall, exports recorded a relatively flat trend pattern. Over the period under review, exports reached the peak figure at X units in 2007; however, from 2008 to 2019, exports remained at a lower figure.
In value terms, laser exports shrank significantly to $X in 2019. In general, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2018, and then dropped significantly in the following year.
Imports into Finland
In 2019, approx. X units of lasers, other than laser diodes were imported into Finland; approximately reflecting 2018 figures. Over the period under review, imports recorded a relatively flat trend pattern.
In value terms, laser imports expanded remarkably to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to continue growth in the immediate term.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for lasers, other than laser diodes in the world?+
China (11M units) remains the largest laser consuming country worldwide, comprising approx. 48% of total volume. Moreover, laser consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (1.6M units), sevenfold. Algeria (1.4M units) ranked third in terms of total consumption with a 6% share.
What are the largest producers of lasers, other than laser diodes in the world?+
Hong Kong SAR (5.7M units) constituted the country with the largest volume of laser production, comprising approx. 47% of total volume. Moreover, laser production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, India (959K units), sixfold. Singapore (759K units) ranked third in terms of total production with a 6.3% share.
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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