Finland: Medical Furniture Market 2024

Medical Furniture Market Size in Finland

For the third year in a row, the Finnish medical furniture market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Medical Furniture Production in Finland

In value terms, medical furniture production fell to $X in 2022 estimated in export price. In general, production, however, saw a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Medical furniture production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Medical Furniture Exports

Exports from Finland

In 2022, shipments abroad of medical, surgical or veterinary furniture increased by X% to X units, rising for the third year in a row after two years of decline. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, medical furniture exports surged to $X in 2022. Overall, exports, however, recorded a noticeable curtailment. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units), Sweden (X units) and Germany (X units) were the main destinations of medical furniture exports from Finland, together comprising X% of total exports. Romania, Saudi Arabia, Norway, Poland, France, Italy, the United States, Latvia, the UK and Estonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medical furniture exported from Finland were Russia ($X), Sweden ($X) and Germany ($X), with a combined X% share of total exports. Norway, Romania, Saudi Arabia, France, Poland, the UK, the United States, Italy, Estonia and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average medical furniture export price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Furniture Imports

Imports into Finland

In 2022, overseas purchases of medical, surgical or veterinary furniture increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, medical furniture imports soared to $X in 2022. Over the period under review, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), Estonia (X units) and China (X units) were the main suppliers of medical furniture imports to Finland, together accounting for X% of total imports. Spain, Poland, Sweden, Denmark, the United States and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of medical, surgical or veterinary furniture to Finland, comprising X% of total imports. The second position in the ranking was held by Estonia ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and Spain (X% per year).

Import Prices by Country

The average medical furniture import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :