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Finland - Wheelchairs - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Wheelchair Market Overview 2021

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Wheelchair Market Size in Finland

In 2020, the Finnish wheelchair market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Wheelchair Production in Finland

In value terms, wheelchair production dropped modestly to $X in 2020 estimated in export prices. Overall, production recorded moderate growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X, and then shrank modestly in the following year.

Wheelchair Exports

Exports from Finland

In 2020, approx. X units of wheelchairs were exported from Finland; shrinking by -X% compared with 2019. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of X units. From 2009 to 2020, the growth exports failed to regain the momentum.

In value terms, wheelchair exports fell notably to $X in 2020. Overall, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Tanzania (X units), Kyrgyzstan (X units) and Norway (X units) were the main destinations of wheelchair exports from Finland, together comprising X% of total exports. Somalia, Tajikistan, Gambia, the United Arab Emirates and Ghana lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Ghana (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) emerged as the key foreign market for wheelchair exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Kyrgyzstan (X% per year).

Export Prices by Country

In 2020, the average wheelchair export price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2011 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

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

Wheelchair Imports

Imports into Finland

Wheelchair imports into Finland contracted remarkably to X units in 2020, with a decrease of -X% compared with 2019 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X units. From 2012 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wheelchair imports rose sharply to $X in 2020. Overall, imports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X units) constituted the largest wheelchair supplier to Finland, accounting for a X% share of total imports. Moreover, wheelchair imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was occupied by Sweden (X units), with a X% share.

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

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

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

Import Prices by Country

In 2020, the average wheelchair import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price, however, recorded a pronounced slump. Over the period under review, average import prices attained the peak figure at $X per unit in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheelchairs in the world?
+
The country with the largest volume of wheelchair consumption was India (16M units), accounting for 41% of total volume. Moreover, wheelchair consumption in India exceeded the figures recorded by the second-largest consumer, China (4.1M units), fourfold. The third position in this ranking was occupied by the U.S. (2M units), with a 5.1% share.
What are the largest producers of wheelchairs in the world?
+
The countries with the highest volumes of wheelchair production in 2020 were India (16M units), China (12M units) and Pakistan (802K units), with a combined 69% share of global production.
What are the leading suppliers of wheelchairs to Finland?
+
In value terms, Germany ($3.2M) constituted the largest supplier of wheelchair to Finland, comprising 37% of total imports. The second position in the ranking was occupied by Sweden ($1.1M), with a 13% share of total imports. It was followed by France, with a 10% share.
What are the leading importers of wheelchairs from Finland?
+
In value terms, Norway ($26K) emerged as the key foreign market for wheelchair exports from Finland, comprising 37% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($12K), with a 17% share of total exports. It was followed by Kyrgyzstan, with a 16% share.
What is the average export price for wheelchairs in Finland?
+
The average wheelchair export price stood at $249 per unit in 2020, declining by -66.2% against the previous year.
What is the average import price for wheelchairs in Finland?
+
In 2020, the average wheelchair import price amounted to $430 per unit, increasing by 32% against the previous year.

Product coverage:
• Prodcom 30922030 - Invalid carriages not mechanically propelled
• Prodcom 30922090 - Invalid carriages motorised or mechanically propelled

This report provides an in-depth analysis of the wheelchair 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 2025
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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