Report Update May 1, 2024

Finland - Non-Electric Bakery Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Finland

The Finnish non-electric bakery oven market contracted markedly to $X in 2022, reducing by -16.7% against the previous year. Over the period under review, consumption, however, saw a strong expansion. Non-electric bakery oven consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Electric Bakery Oven Production in Finland

In value terms, non-electric bakery oven production dropped modestly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by 7%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Non-Electric Bakery Oven Exports

Exports from Finland

In 2022, approx. X units of non-electric bakery ovens were exported from Finland; jumping by 400% compared with 2021. Overall, exports, however, continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2014 when exports increased by 1,040%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-electric bakery oven exports soared to $X in 2022. In general, exports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2014 with an increase of 3,504%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for non-electric bakery oven exports from Finland, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +5.2%.

In value terms, Russia ($X) emerged as the key foreign market for non-electric bakery ovens exports from Finland.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +9.3%.

Export Prices by Country

The average non-electric bakery oven export price stood at $X per unit in 2022, growing by 25% against the previous year. Overall, the export price showed a pronounced increase. The pace of growth appeared the most rapid in 2020 an increase of 1,033%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +5.9% per year.

Non-Electric Bakery Oven Imports

Imports into Finland

After two years of growth, supplies from abroad of non-electric bakery ovens decreased by -54% to X units in 2022. Overall, imports recorded a mild decrease. The pace of growth was the most pronounced in 2014 when imports increased by 533%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, non-electric bakery oven imports reduced dramatically to $X in 2022. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by 563% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of non-electric bakery oven to Finland, accounting for a 59% share of total imports. Moreover, non-electric bakery oven imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), threefold. China (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at -29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.3% per year) and China (+9.1% per year).

In value terms, France ($X), Italy ($X) and China ($X) appeared to be the largest non-electric bakery oven suppliers to Finland, together accounting for 71% of total imports.

In terms of the main suppliers, China, with a CAGR of +51.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2022, declining by -12% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 60% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric bakery ovens in the world?

The countries with the highest volumes of consumption in 2022 were China, Italy and Jordan, together accounting for 61% of global consumption.

What are the largest producers of non-electric bakery ovens in the world?

China constituted the country with the largest volume of non-electric bakery oven production, accounting for 53% of total volume. Moreover, non-electric bakery oven production in China exceeded the figures recorded by the second-largest producer, Italy, threefold. Jordan ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of non-electric bakery ovens to Finland?

In value terms, the largest non-electric bakery oven suppliers to Finland were France, Italy and China, with a combined 71% share of total imports.

What are the leading importers of non-electric bakery ovens from Finland?

In value terms, Russia emerged as the key foreign market for non-electric bakery ovens exports from Finland.

What is the average export price for non-electric bakery ovens in Finland?

In 2022, the average non-electric bakery oven export price amounted to $7,826 per unit, surging by 25% against the previous year.

What is the average import price for non-electric bakery ovens in Finland?

The average non-electric bakery oven import price stood at $4,487 per unit in 2022, which is down by -12% against the previous year.

This report provides an in-depth analysis of the non-electric bakery oven 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.

Product coverage:

Prodcom 28931530 - Bakery ovens, including biscuit ovens, non-electric

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023