Finland: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Finland

The Finnish water-skis and surfboards market surged to $X in 2022, jumping by X% against the previous year. In general, consumption saw significant growth. Water-skis and surfboards consumption peaked in 2022 and is likely to continue growth in the immediate term.

Water-Skis And Surfboards Production in Finland

In value terms, water-skis and surfboards production dropped significantly to $X in 2022 estimated in export price. Overall, production enjoyed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then shrank markedly in the following year.

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Water-Skis And Surfboards Exports

Exports from Finland

In 2022, approx. X units of water-skis, surfboards and sailboards were exported from Finland; with an increase of X% against the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, water-skis and surfboards exports surged to $X in 2022. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X units), Estonia (X units) and Lithuania (X units) were the main destinations of water-skis and surfboards exports from Finland, with a combined X% share of total exports. Germany, the UK, Latvia, Poland and Russia lagged somewhat behind, together comprising 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 Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Estonia ($X) and Germany ($X) appeared to be the largest markets for water-skis and surfboards exported from Finland worldwide, with a combined X% share of total exports. Lithuania, the UK, Poland, Latvia and Russia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of 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

The average water-skis and surfboards export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Estonia ($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 Russia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Water-Skis And Surfboards Imports

Imports into Finland

For the fourth consecutive year, Finland recorded growth in overseas purchases of water-skis, surfboards and sailboards, which increased by X% to X units in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid 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 years to come.

In value terms, water-skis and surfboards imports surged to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest water-skis and surfboards supplier to Finland, with a X% share of total imports. Moreover, water-skis and surfboards imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), tenfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Finland, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average water-skis and surfboards import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Sweden ($X per unit), while the price for China ($X per unit) and Hong Kong SAR ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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