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Finland - Umbrellas - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Umbrella Market Overview 2021

Umbrella Market Size in Finland

In 2020, after three years of growth, there was decline in the Finnish umbrella market, when its value decreased by -X% to $X. In general, consumption, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a lower figure.

Umbrella Production in Finland

In value terms, umbrella production shrank sharply to $X in 2020 estimated in export prices. Overall, production showed a dramatic contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Umbrella production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Umbrella Exports

Exports from Finland

Umbrella exports from Finland soared to X tonnes in 2020, picking up by X% against 2019. Over the period under review, exports continue to indicate resilient growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, umbrella exports surged to $X in 2020. Overall, exports showed a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Estonia (X tonnes), Latvia (X tonnes) and Sweden (X tonnes) were the main destinations of umbrella exports from Finland, together accounting for X% of total exports. These countries were followed by Norway, Lithuania, Japan, Denmark, Russia, France, the U.S., Germany, Luxembourg and Belgium, 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 Luxembourg, while exports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) emerged as the key foreign market for umbrella exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average umbrella export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports

Imports into Finland

In 2020, supplies from abroad of umbrellas decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2013 to 2020, the growth imports failed to regain the momentum.

In value terms, umbrella imports dropped significantly to $X in 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2013 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest umbrella supplier to Finland, accounting for a X% share of total imports. Moreover, umbrella imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Sweden (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Sweden (-X% per year).

Import Prices by Country

The average umbrella import price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for umbrellas in the world?
+
China (308K tonnes) remains the largest umbrella consuming country worldwide, comprising approx. 17% of total volume. Moreover, umbrella consumption in China exceeded the figures recorded by the second-largest consumer, India (115K tonnes), threefold. The U.S. (103K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of umbrellas in the world?
+
China (804K tonnes) constituted the country with the largest volume of umbrella production, comprising approx. 43% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, India (112K tonnes), sevenfold. The third position in this ranking was occupied by Pakistan (53K tonnes), with a 2.8% share.
What are the leading suppliers of umbrellas to Finland?
+
In value terms, China ($5M) constituted the largest supplier of umbrella to Finland, comprising 79% of total imports. The second position in the ranking was occupied by Germany ($377K), with a 6% share of total imports.
What are the leading importers of umbrellas from Finland?
+
In value terms, Japan ($256K) emerged as the key foreign market for umbrella exports from Finland, comprising 24% of total exports. The second position in the ranking was occupied by Estonia ($101K), with a 9.6% share of total exports. It was followed by Germany, with a 8.8% share.
What is the average export price for umbrellas in Finland?
+
In 2020, the average umbrella export price amounted to $17,401 per tonne, jumping by 57% against the previous year.
What is the average import price for umbrellas in Finland?
+
In 2020, the average umbrella import price amounted to $5,251 per tonne, dropping by -12.1% against the previous year.

Product coverage:
• Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
• Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

This report provides an in-depth analysis of the umbrella 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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